SLV Options History — June 2018

In June 2018, SLV traded between $15.07 and $16.20. ATM implied volatility averaged 15.9%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 1.2% (HV 20d: 14.7%). Max pain ranged from $15.00 to $15.50. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.54.

Notable Days

  • 2018-06-27: Highest Volume — 142,994 contracts
  • 2018-06-08: Largest IV spike — 8.8% change
  • 2018-06-11: Highest IV Rank — 29.8%
  • 2018-06-27: Largest Expected Move — 4.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.54$15.07$16.20$15.42$15.15
Max Pain$15.12$15.00$15.50$15.50$15.00
ATM IV15.9%14.7%16.9%14.7%15.3%
Expected Move4.6%4.2%4.8%4.3%4.3%
HV 20d14.7%10.6%17.9%11.5%17.7%
HV 60d15.6%15.0%16.5%15.0%15.7%
IV Rank16.3%0.0%29.8%0.0%8.5%
IV Percentile10.5%0.0%32.1%0.0%2.4%
Term Structure0.1%-0.5%0.7%0.7%0.3%
VWIV16.5%15.2%17.8%16.3%15.4%
Skew 25d-1.8%-3.0%0.0%-2.2%-0.4%
Skew 10d-3.9%-6.0%-0.1%-3.5%-0.7%
Call IV 25d17.7%16.3%18.6%17.2%16.3%
Put IV 25d15.9%14.5%17.6%15.0%15.9%
Bid-Ask Spread %5.861.6816.652.0511.49
Gamma HHI0.220.170.310.190.17
Net GEX23.7M-3.6M43.2M24.4M12.0M
Net DEX-308.3M-597.2M-106.3M-249.7M-169.6M
Net VEX-3.3M-3.6M-3.0M-3.3M-3.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.291.100.680.66
Total Volume79,745.85747,646142,99454,62985,586
Total OI1,722,717.4761,621,6111,848,9061,725,4921,848,906

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-06-01$15.42$15.5014.7%4.3%11.5%0.0%16.3%-2.2%0.7%24.4M-249.7M-3.3M0.682.0532,52922,1001,355,466370,026
2018-06-04$15.44$15.0015.5%4.4%11.4%9.7%16.6%-2.4%-0.1%26.9M-263.0M-3.3M0.521.9831,59116,3571,349,842363,033
2018-06-05$15.53$15.0015.0%4.2%11.6%3.6%15.2%-2.5%0.2%31.0M-302.1M-3.3M0.2912.3864,09218,7291,354,913367,739
2018-06-06$15.71$15.0014.7%4.2%12.3%0.0%16.1%-3.0%0.2%35.9M-401.7M-3.5M0.341.8168,13622,8451,373,666370,709
2018-06-07$15.73$15.0015.0%4.4%12.3%4.8%16.4%-2.8%-0.4%37.0M-398.7M-3.5M0.721.8049,54335,6161,376,847373,367
2018-06-08$15.79$15.0016.3%4.7%11.2%22.1%16.3%-2.8%0.2%38.2M-429.6M-3.5M0.401.8147,52018,8691,380,457373,566
2018-06-11$15.94$15.0016.9%4.8%11.5%29.8%17.0%-2.4%-0.5%38.1M-462.4M-3.5M0.441.8846,81420,8061,346,973369,638
2018-06-12$15.87$15.5016.3%4.7%11.2%21.0%16.6%-2.2%0.2%38.2M-425.9M-3.5M0.301.9968,23520,4711,350,037373,144
2018-06-13$16.09$15.5016.5%4.7%10.6%23.7%17.0%-2.5%-0.1%41.2M-533.5M-3.6M0.382.0474,97128,6771,357,317379,014
2018-06-14$16.20$15.5016.0%4.5%10.7%17.2%16.4%-2.1%0.0%43.2M-597.2M-3.6M0.471.9663,50829,7601,373,631382,409
2018-06-15$15.62$15.5015.9%4.6%17.4%16.0%16.6%-1.8%-0.2%33.4M-329.6M-3.3M0.711.7280,09257,0601,374,959387,013
2018-06-18$15.51$15.0015.8%4.5%17.6%15.2%16.9%-2.3%0.2%16.0M-257.8M-3.2M0.501.8841,73820,9081,274,958346,653
2018-06-19$15.36$15.0016.2%4.6%17.9%20.6%16.7%-2.0%0.2%12.5M-217.6M-3.3M0.541.8045,74524,7711,289,614349,817
2018-06-20$15.34$15.0016.7%4.8%17.9%26.6%17.8%-1.8%-0.1%12.3M-214.5M-3.2M0.471.6841,56119,3521,312,337356,243
2018-06-21$15.36$15.0016.2%4.6%17.9%20.2%16.5%-1.5%0.1%13.4M-227.5M-3.2M0.587.9534,62619,9831,321,759358,459
2018-06-22$15.50$15.0016.0%4.6%17.5%17.5%16.4%-1.3%0.3%18.4M-288.7M-3.3M0.5013.3436,47318,2831,335,192362,576
2018-06-25$15.38$15.0016.0%4.6%17.3%17.4%16.2%-1.4%0.6%14.1M-240.2M-3.1M0.5811.7736,30820,9721,326,226357,043
2018-06-26$15.31$15.0016.3%4.7%17.3%21.5%16.8%-0.9%0.3%12.0M-221.9M-3.1M0.4315.4733,29914,3471,342,324367,105
2018-06-27$15.11$15.0016.8%4.8%17.6%27.5%16.9%-0.2%0.2%3.7M-135.8M-3.0M1.1016.6567,98275,0121,351,373369,425
2018-06-28$15.07$15.0016.1%4.6%17.6%18.5%16.5%0.0%-0.2%-3.6M-106.3M-3.1M0.679.6871,64247,7541,384,832418,459
2018-06-29$15.15$15.0015.3%4.3%17.7%8.5%15.4%-0.4%0.3%12.0M-169.6M-3.2M0.6611.4951,60833,9781,412,629436,277