SLV Options History — April 2024

In April 2024, SLV traded between $22.84 and $26.34. ATM implied volatility averaged 30.2%, placing in the 72.7% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 0.1% (HV 20d: 30.1%). Max pain ranged from $21.00 to $24.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.33.

Notable Days

  • 2024-04-12: Highest Volume — 1,158,323 contracts
  • 2024-04-08: Largest IV spike — 13.9% change
  • 2024-04-08: Highest IV Rank — 100.0%
  • 2024-04-15: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.13$22.84$26.34$22.84$24.09
Max Pain$23.09$21.00$24.00$21.00$24.00
ATM IV30.2%26.0%34.6%26.0%26.2%
Expected Move8.7%7.7%9.7%7.7%8.0%
HV 20d30.1%25.1%33.9%25.1%32.4%
HV 60d26.1%22.6%28.1%22.6%28.0%
IV Rank72.7%43.7%100.0%44.2%43.7%
IV Percentile93.9%75.4%100.0%75.4%77.8%
Term Structure-0.7%-1.7%0.2%-0.5%-0.3%
VWIV32.1%27.6%35.7%27.6%29.4%
Skew 25d-5.7%-8.9%-3.3%-4.5%-3.3%
Skew 10d-11.8%-16.8%-7.8%-8.8%-7.8%
Call IV 25d34.5%28.9%41.2%28.9%28.9%
Put IV 25d28.7%24.5%32.4%24.5%25.6%
Bid-Ask Spread %1.901.373.052.022.96
Gamma HHI0.120.070.340.210.09
Net GEX115.1M54.9M191.9M118.6M64.8M
Net DEX-3.18B-4.29B-1.63B-1.83B-1.63B
Net VEX-13.7M-16.1M-9.3M-9.3M-15.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.090.820.290.32
Total Volume551,363.273204,6011,158,323277,474254,014
Total OI4,552,730.6363,379,7145,359,6903,379,7144,610,953

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$22.84$21.0026.0%7.7%25.1%44.2%27.6%-4.5%-0.5%118.6M-1.83B-9.3M0.292.02214,51662,9582,543,224836,490
2024-04-02$23.87$21.0029.2%8.9%27.2%67.2%31.7%-5.3%-0.9%126.5M-2.77B-9.8M0.151.46802,928119,4652,596,492873,138
2024-04-03$24.73$21.0031.0%9.3%28.7%79.7%34.3%-6.5%-0.9%121.1M-3.84B-10.4M0.111.501,027,604117,6192,855,690953,909
2024-04-04$24.52$22.0029.9%8.4%28.8%72.1%31.6%-5.8%-1.1%136.9M-3.28B-11.5M0.321.80456,254145,2623,024,465999,971
2024-04-05$25.04$22.0029.4%8.2%29.3%68.7%31.9%-6.1%-1.0%191.9M-3.69B-11.6M0.131.44838,035111,3293,034,1851,091,854
2024-04-08$25.44$22.0033.5%9.0%29.3%100.0%33.3%-7.2%-1.7%122.1M-3.85B-13.6M0.241.37541,884131,8553,248,6651,069,099
2024-04-09$25.70$23.0032.6%9.3%29.3%93.2%33.7%-6.3%-0.0%128.3M-4.06B-13.7M0.311.40452,340139,0563,348,6871,127,022
2024-04-10$25.44$23.0032.0%8.7%28.9%89.0%32.8%-6.4%-1.4%136.0M-3.82B-14.0M0.211.86611,223130,8083,487,2021,216,210
2024-04-11$25.98$23.0032.0%9.0%27.7%89.0%32.8%-6.6%-0.5%145.6M-4.21B-14.4M0.292.98236,41169,3223,596,7261,205,588
2024-04-12$25.66$23.0033.3%9.6%28.2%98.9%35.5%-7.6%-0.1%128.4M-3.92B-14.5M0.342.12866,134292,1893,605,8851,237,818
2024-04-15$26.34$23.0034.6%9.7%29.0%100.0%35.7%-8.9%-0.0%138.5M-4.29B-14.9M0.311.99389,290121,7803,633,2091,277,089
2024-04-16$25.82$24.0032.9%9.4%30.1%88.5%35.2%-7.7%-0.8%125.6M-3.72B-14.3M0.111.48761,95184,4123,657,0281,310,840
2024-04-17$25.87$24.0030.7%8.8%29.9%74.0%32.1%-5.8%-0.5%139.4M-3.79B-14.2M0.551.77269,366147,9853,919,0651,323,602
2024-04-18$25.86$24.0029.9%8.6%29.3%68.5%31.4%-5.2%-0.6%124.3M-3.70B-14.2M0.821.41155,155127,4153,917,5871,348,933
2024-04-19$26.27$24.0030.6%8.8%26.5%73.4%33.0%-5.6%0.2%109.2M-4.08B-14.5M0.571.42236,784135,1603,940,1131,419,577
2024-04-22$24.93$24.0028.5%8.3%33.9%59.1%30.4%-4.6%-0.8%54.9M-1.97B-13.9M0.691.70270,778188,1703,316,6951,124,769
2024-04-23$24.98$24.0029.4%8.6%33.8%64.8%31.3%-4.8%-1.1%55.3M-2.09B-14.2M0.091.59587,64953,6943,384,2171,166,805
2024-04-24$24.88$24.0029.5%8.7%33.5%65.5%32.8%-4.8%-1.2%89.4M-2.30B-15.6M0.462.70177,46782,3433,775,0261,177,089
2024-04-25$25.06$24.0028.9%8.6%33.5%61.7%31.8%-5.0%-0.9%99.3M-2.57B-16.1M0.281.83207,93558,2143,429,9571,197,218
2024-04-26$24.84$24.0026.9%7.9%33.8%48.3%28.4%-4.1%-0.6%89.6M-2.28B-15.7M0.311.98189,86958,7683,505,1101,231,989
2024-04-29$24.81$24.0027.1%8.2%33.9%49.5%29.3%-4.3%-0.1%85.9M-2.26B-15.6M0.283.05159,24745,3543,374,1991,166,684
2024-04-30$24.09$24.0026.2%8.0%32.4%43.7%29.4%-3.3%-0.3%64.8M-1.63B-15.1M0.322.96192,60961,4053,422,1431,188,810