SLV Options History — June 2022

In June 2022, SLV traded between $18.73 and $20.56. ATM implied volatility averaged 27.6%, placing in the 24.0% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 1.4% (HV 20d: 26.3%). Max pain ranged from $21.50 to $22.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.50.

Notable Days

2022-06-10: Highest Volume — 303,014 contracts
2022-06-13: Largest IV spike — 14.3% change
2022-06-14: Highest IV Rank — 37.8%
2022-06-14: Largest Expected Move — 8.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.85	$18.73	$20.56	$20.15	$18.73
Max Pain	$22.05	$21.50	$22.50	$21.50	$22.00
ATM IV	27.6%	24.8%	30.7%	26.9%	29.7%
Expected Move	7.9%	7.2%	8.8%	7.8%	8.5%
HV 20d	26.3%	22.7%	29.9%	29.9%	25.0%
HV 60d	24.6%	23.8%	25.5%	25.5%	25.0%
IV Rank	24.0%	11.1%	37.8%	20.8%	33.2%
IV Percentile	67.4%	24.6%	90.9%	64.3%	86.1%
Term Structure	0.2%	-0.1%	0.7%	-0.1%	-0.1%
VWIV	28.7%	25.7%	32.2%	27.7%	30.8%
Skew 25d	0.3%	-0.7%	2.0%	-0.3%	2.0%
Skew 10d	1.3%	-0.9%	4.4%	0.7%	4.4%
Call IV 25d	28.5%	25.4%	31.4%	28.0%	29.9%
Put IV 25d	28.8%	25.7%	32.1%	27.6%	31.9%
Bid-Ask Spread %	1.45	1.16	1.69	1.56	1.20
Gamma HHI	0.06	0.06	0.09	0.06	0.06
Net GEX	26.4M	12.2M	41.4M	25.2M	12.2M
Net DEX	107.1M	-153.1M	392.5M	150.2M	392.5M
Net VEX	-12.3M	-13.5M	-10.5M	-13.0M	-10.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.50	0.28	0.79	0.66	0.75
Total Volume	165,882.381	102,205	303,014	102,205	168,411
Total OI	4,796,065.095	4,099,754	5,423,467	5,046,521	4,274,448

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-06-01	$20.15	$21.50	26.9%	7.8%	29.9%	20.8%	27.7%	-0.3%	-0.1%	25.2M	150.2M	-13.0M	0.66	1.56	61,687	40,518	3,717,790	1,328,731
2022-06-02	$20.56	$22.50	26.7%	7.7%	29.8%	19.5%	28.4%	-0.7%	-0.1%	40.3M	-83.8M	-13.5M	0.58	1.41	87,423	50,970	3,729,161	1,330,104
2022-06-03	$20.22	$22.50	25.6%	7.4%	29.3%	14.5%	27.3%	-0.1%	0.2%	25.5M	134.5M	-13.0M	0.54	1.50	89,074	47,700	3,752,372	1,338,185
2022-06-06	$20.38	$22.50	26.5%	7.6%	29.5%	18.6%	27.9%	-0.2%	-0.0%	30.6M	44.5M	-12.9M	0.54	1.35	74,327	40,021	3,724,328	1,323,069
2022-06-07	$20.53	$22.00	25.3%	7.4%	27.3%	13.5%	26.2%	0.3%	0.4%	35.9M	8.8M	-12.9M	0.31	1.31	114,658	35,575	3,750,012	1,327,808
2022-06-08	$20.35	$22.00	24.8%	7.2%	26.6%	11.1%	25.7%	0.3%	0.2%	29.7M	117.2M	-12.5M	0.29	1.52	117,597	34,375	3,774,722	1,333,649
2022-06-09	$20.01	$22.00	25.4%	7.3%	27.0%	14.0%	26.9%	0.1%	0.0%	19.8M	273.6M	-12.2M	0.79	1.51	118,155	92,772	3,789,141	1,334,979
2022-06-10	$20.18	$22.00	26.6%	7.6%	22.7%	19.4%	28.1%	-0.7%	-0.1%	26.8M	95.9M	-12.7M	0.28	1.48	236,888	66,126	3,802,532	1,321,510
2022-06-13	$19.51	$22.00	30.4%	8.7%	25.8%	36.6%	30.8%	0.3%	-0.0%	17.9M	355.3M	-11.9M	0.28	1.65	221,730	61,345	3,841,904	1,309,679
2022-06-14	$19.41	$22.00	30.7%	8.8%	23.8%	37.8%	32.2%	0.9%	-0.1%	21.0M	321.8M	-12.1M	0.58	1.49	96,469	55,568	3,956,914	1,319,122
2022-06-15	$20.03	$22.00	29.0%	8.3%	26.5%	30.1%	30.9%	-0.3%	-0.0%	36.2M	-13.3M	-13.1M	0.53	1.65	119,023	63,100	3,987,287	1,321,514
2022-06-16	$20.24	$22.00	29.9%	8.6%	26.4%	34.1%	31.6%	-0.1%	0.2%	41.4M	-129.3M	-13.5M	0.37	1.69	163,479	60,146	4,013,181	1,335,259
2022-06-17	$19.95	$22.00	28.5%	8.2%	25.3%	28.0%	29.3%	0.5%	0.1%	33.9M	62.7M	-12.9M	0.53	1.58	100,456	53,705	4,075,517	1,347,950
2022-06-21	$19.99	$22.00	27.6%	7.9%	25.1%	23.8%	28.3%	-0.0%	0.7%	34.5M	-153.1M	-12.6M	0.39	1.34	97,048	38,057	3,081,375	1,018,379
2022-06-22	$19.76	$22.00	28.1%	8.0%	25.4%	25.9%	29.1%	0.6%	0.6%	29.7M	-46.4M	-12.2M	0.70	1.44	79,655	55,523	3,111,174	1,026,053
2022-06-23	$19.41	$22.00	28.3%	8.2%	25.3%	26.8%	30.2%	1.4%	0.7%	20.7M	100.9M	-11.9M	0.46	1.48	101,768	46,513	3,141,832	1,055,729
2022-06-24	$19.51	$22.00	27.6%	7.8%	25.4%	23.7%	28.6%	0.8%	0.7%	15.6M	85.5M	-11.7M	0.43	1.42	130,105	55,344	3,160,838	1,060,407
2022-06-27	$19.51	$22.00	27.9%	8.0%	25.4%	24.9%	28.6%	0.6%	0.4%	24.4M	81.5M	-11.6M	0.56	1.16	69,041	38,936	3,118,122	1,045,583
2022-06-28	$19.20	$22.00	27.5%	7.8%	25.9%	23.5%	27.4%	0.9%	0.4%	17.8M	198.6M	-11.1M	0.61	1.32	113,512	69,002	3,141,754	1,041,146
2022-06-29	$19.16	$22.00	27.6%	7.8%	24.6%	23.9%	27.6%	0.4%	0.3%	14.9M	252.2M	-10.9M	0.42	1.33	82,808	34,920	3,184,662	1,069,445
2022-06-30	$18.73	$22.00	29.7%	8.5%	25.0%	33.2%	30.8%	2.0%	-0.1%	12.2M	392.5M	-10.5M	0.75	1.20	96,220	72,191	3,202,477	1,071,971