SLV Options History — June 2024

In June 2024, SLV traded between $26.29 and $28.52. ATM implied volatility averaged 31.0%, placing in the 55.7% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded below realized volatility by 15.9% (HV 20d: 46.9%). Max pain ranged from $24.00 to $26.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.35.

Notable Days

  • 2024-06-21: Highest Volume — 624,265 contracts
  • 2024-06-06: Largest IV spike — 7.7% change
  • 2024-06-06: Highest IV Rank — 77.0%
  • 2024-06-05: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.02$26.29$28.52$27.89$26.59
Max Pain$25.32$24.00$26.00$24.00$26.00
ATM IV31.0%25.3%35.3%32.4%25.3%
Expected Move8.9%7.0%10.0%9.8%7.0%
HV 20d46.9%41.6%52.0%42.7%41.6%
HV 60d37.9%34.2%39.8%34.2%38.2%
IV Rank55.7%27.4%77.0%62.6%27.4%
IV Percentile88.0%65.5%98.4%94.8%65.5%
Term Structure-0.1%-0.6%0.7%-0.4%0.7%
VWIV33.1%26.6%37.3%35.6%26.6%
Skew 25d-5.0%-6.2%-3.6%-5.8%-3.6%
Skew 10d-9.7%-12.5%-7.3%-10.3%-7.3%
Call IV 25d34.6%27.8%39.6%36.0%27.8%
Put IV 25d29.6%24.2%33.6%30.1%24.2%
Bid-Ask Spread %1.801.124.031.901.12
Gamma HHI0.090.080.120.090.09
Net GEX94.3M53.9M146.4M120.2M80.3M
Net DEX-3.22B-4.94B-2.00B-4.16B-2.39B
Net VEX-17.3M-18.5M-15.2M-17.6M-15.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.350.180.480.300.45
Total Volume300,153.474151,588624,265206,821181,375
Total OI5,281,797.4744,710,3855,642,1905,140,9834,875,726

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-06-03$27.89$24.0032.4%9.8%42.7%62.6%35.6%-5.8%-0.4%120.2M-4.16B-17.6M0.301.90159,12747,6943,760,6701,380,313
2024-06-04$26.98$24.0031.7%9.7%43.6%59.2%36.2%-5.5%-0.3%94.4M-3.29B-17.4M0.331.52272,25190,9253,782,3501,396,600
2024-06-05$27.41$24.0032.8%10.0%43.6%64.6%36.4%-5.7%-0.3%110.6M-3.77B-17.9M0.391.75169,50466,7403,869,4681,409,096
2024-06-06$28.52$25.0035.3%9.8%45.3%77.0%37.3%-6.0%-0.4%146.4M-4.94B-18.5M0.272.12448,180119,2643,885,1341,419,969
2024-06-07$26.66$25.0033.9%9.5%51.2%70.2%36.0%-6.2%-0.3%91.8M-3.06B-18.4M0.392.15381,047148,8774,008,5521,478,103
2024-06-10$27.18$25.0033.6%9.4%51.5%68.5%35.8%-5.2%-0.6%108.7M-3.62B-18.5M0.462.01206,15494,1824,003,5581,451,686
2024-06-11$26.70$25.0032.7%9.2%52.0%64.1%35.8%-5.0%-0.3%95.0M-3.10B-18.5M0.301.97149,66744,3534,058,6361,504,760
2024-06-12$26.99$25.0031.9%9.1%52.0%60.4%35.2%-4.9%-0.2%106.2M-3.40B-18.4M0.271.75244,00966,8874,095,7411,524,909
2024-06-13$26.43$25.0031.5%9.0%50.6%58.2%34.6%-4.9%-0.3%85.3M-2.80B-17.8M0.394.03249,86298,2304,110,4231,525,201
2024-06-14$26.98$25.0031.8%9.0%51.1%59.6%33.8%-5.0%-0.4%62.2M-3.42B-18.3M0.191.49289,13555,3304,101,1341,541,056
2024-06-17$26.93$26.0032.0%9.2%45.9%60.9%33.9%-5.4%-0.2%96.2M-3.32B-17.8M0.181.76242,94043,8164,050,0541,481,487
2024-06-18$26.99$26.0031.1%8.9%45.4%56.0%32.1%-4.8%-0.1%103.8M-3.33B-17.2M0.353.05115,25340,0383,986,8421,498,724
2024-06-20$28.02$26.0032.8%9.4%47.7%64.6%33.7%-5.2%-0.1%131.3M-4.36B-17.4M0.331.31264,10287,1833,976,8451,496,483
2024-06-21$26.98$26.0030.6%8.8%47.5%53.6%32.5%-5.1%0.1%106.5M-3.19B-16.9M0.481.29422,701201,5644,015,1361,541,641
2024-06-24$27.02$26.0029.3%8.4%46.8%47.3%31.5%-4.6%0.4%76.2M-2.68B-16.3M0.441.37109,37347,9593,363,5841,346,801
2024-06-25$26.41$26.0027.6%7.9%47.3%38.7%28.4%-4.5%0.5%55.8M-2.12B-15.5M0.301.23143,14243,3193,410,1931,365,367
2024-06-26$26.29$26.0026.7%7.6%42.2%34.4%26.6%-3.9%0.7%53.9M-2.00B-15.2M0.411.24146,95660,1893,443,1441,364,672
2024-06-27$26.44$26.0026.2%7.4%42.4%31.8%27.4%-3.9%0.5%66.7M-2.23B-15.3M0.351.14112,32839,2603,468,3311,361,763
2024-06-28$26.59$26.0025.3%7.0%41.6%27.4%26.6%-3.6%0.7%80.3M-2.39B-15.3M0.451.12124,93456,4413,507,0371,368,689