SLV Options History — July 2022

In July 2022, SLV traded between $16.99 and $18.68. ATM implied volatility averaged 30.0%, placing in the 34.9% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 5.4% (HV 20d: 24.6%). Max pain ranged from $18.00 to $22.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.46.

Notable Days

  • 2022-07-05: Highest Volume — 330,371 contracts
  • 2022-07-11: Largest IV spike — 6.2% change
  • 2022-07-06: Highest IV Rank — 45.3%
  • 2022-07-06: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.57$16.99$18.68$18.33$18.68
Max Pain$18.38$18.00$22.00$22.00$18.00
ATM IV30.0%27.0%32.3%30.0%27.0%
Expected Move8.5%7.6%9.0%8.6%7.6%
HV 20d24.6%22.4%31.3%24.1%30.7%
HV 60d25.9%25.1%28.2%25.3%28.2%
IV Rank34.9%21.1%45.3%34.7%21.1%
IV Percentile83.8%57.9%95.2%87.3%57.9%
Term Structure-0.1%-0.6%0.4%0.3%0.2%
VWIV30.5%27.4%33.0%30.8%27.4%
Skew 25d1.4%-1.0%2.7%2.2%-1.0%
Skew 10d2.9%-2.0%5.5%5.2%-2.0%
Call IV 25d30.1%28.1%31.6%30.2%28.7%
Put IV 25d31.6%27.7%34.3%32.4%27.7%
Bid-Ask Spread %1.441.071.741.071.27
Gamma HHI0.070.060.120.060.12
Net GEX15.1M5.5M42.2M11.6M42.2M
Net DEX356.2M-453.1M690.8M433.9M-453.1M
Net VEX-10.2M-14.1M-8.9M-10.2M-14.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.310.870.550.35
Total Volume214,663.0590,772330,371324,535176,504
Total OI4,340,748.63,959,4694,684,0704,107,1304,672,912

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-07-01$18.33$22.0030.0%8.6%24.1%34.7%30.8%2.2%0.3%11.6M433.9M-10.2M0.551.07209,443115,0923,070,2501,036,880
2022-07-05$17.76$19.0031.5%8.8%25.5%41.4%30.9%2.7%-0.1%8.0M595.2M-9.3M0.411.73233,77896,5933,122,2061,088,058
2022-07-06$17.73$18.5032.3%9.0%25.0%45.3%32.0%2.7%-0.4%10.7M542.7M-9.6M0.421.56148,66761,7693,182,6001,109,277
2022-07-07$17.74$18.5030.9%8.7%24.6%38.7%30.8%2.2%-0.6%12.4M529.5M-9.6M0.341.37190,39365,4423,211,9441,122,162
2022-07-08$17.81$18.5029.4%8.4%24.9%31.8%29.9%2.6%-0.3%16.9M496.2M-9.8M0.311.48135,15941,4183,266,2061,149,710
2022-07-11$17.59$18.5031.2%8.8%24.7%40.1%31.6%2.2%-0.4%14.6M518.2M-9.6M0.481.73133,51464,0803,247,9761,136,148
2022-07-12$17.44$18.5031.3%8.8%24.1%40.4%32.7%2.3%-0.5%13.1M554.0M-9.6M0.571.6699,34456,5113,314,9371,148,960
2022-07-13$17.70$18.0030.8%8.8%23.2%38.4%30.6%1.9%-0.3%19.3M454.8M-9.8M0.491.60122,59659,7393,331,6911,156,873
2022-07-14$17.01$18.0031.4%8.9%26.3%41.2%32.3%2.0%-0.4%5.5M690.8M-8.9M0.501.74199,198100,0683,366,1051,180,442
2022-07-15$17.19$18.0031.1%8.8%23.1%39.5%33.0%1.7%-0.6%11.0M565.2M-9.6M0.471.45150,20070,8943,455,3801,228,690
2022-07-18$17.22$18.0030.6%8.8%22.4%37.6%31.0%1.8%-0.0%12.5M294.8M-9.6M0.531.31105,14355,5672,913,8691,045,600
2022-07-19$17.31$18.0029.4%8.4%22.8%31.7%29.7%1.6%0.2%12.4M313.1M-9.4M0.621.57151,76693,8782,951,8511,064,161
2022-07-20$17.25$18.0029.9%8.6%22.5%34.1%29.7%1.0%-0.1%11.6M328.6M-9.7M0.401.2664,80525,9673,028,3221,128,569
2022-07-21$17.37$18.0028.5%8.2%23.0%27.7%28.8%2.1%-0.3%13.4M291.3M-10.0M0.341.2480,07527,4223,044,1791,141,690
2022-07-22$17.10$18.0029.4%8.4%22.9%31.9%29.7%1.1%0.4%8.8M348.2M-9.7M0.411.42137,48256,3053,077,1631,147,480
2022-07-25$16.99$18.0030.2%8.7%22.5%35.6%31.2%0.6%0.2%10.2M392.8M-9.6M0.481.54145,94669,8653,062,6231,145,541
2022-07-26$17.17$18.0029.4%8.5%23.2%31.9%30.0%0.3%0.3%13.3M337.2M-10.2M0.871.25171,255149,7373,123,6941,180,189
2022-07-27$17.57$18.0029.1%8.4%25.1%30.6%29.7%-0.2%-0.0%20.1M173.2M-12.2M0.401.3794,62437,4053,254,4001,303,023
2022-07-28$18.43$18.0027.5%7.8%31.3%23.4%28.7%-0.8%-0.1%34.8M-283.0M-13.7M0.361.19217,83777,7803,288,8761,314,335
2022-07-29$18.68$18.0027.0%7.6%30.7%21.1%27.4%-1.0%0.2%42.2M-453.1M-14.1M0.351.27130,46746,0373,346,8691,326,043