SLV Options History — October 2024

In October 2024, SLV traded between $27.84 and $31.73. ATM implied volatility averaged 36.2%, placing in the 81.7% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 2.7% (HV 20d: 33.6%). Max pain ranged from $25.00 to $26.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.27.

Notable Days

  • 2024-10-18: Highest Volume — 995,551 contracts
  • 2024-10-18: Largest IV spike — 8.7% change
  • 2024-10-22: Highest IV Rank — 97.3%
  • 2024-10-29: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.61$27.84$31.73$28.61$29.81
Max Pain$26.11$25.00$26.50$26.00$26.50
ATM IV36.2%33.1%39.4%33.1%36.0%
Expected Move10.6%9.7%11.7%9.7%11.0%
HV 20d33.6%29.6%36.2%34.7%36.2%
HV 60d32.3%31.7%33.7%32.0%32.8%
IV Rank81.7%66.0%97.3%66.0%80.5%
IV Percentile96.6%92.1%99.6%92.1%95.2%
Term Structure-0.4%-1.8%2.0%1.9%-0.5%
VWIV38.2%35.0%41.8%35.0%38.9%
Skew 25d-3.9%-5.1%-2.6%-3.8%-4.3%
Skew 10d-7.4%-10.2%-5.3%-6.2%-8.0%
Call IV 25d38.8%35.9%42.4%35.9%38.8%
Put IV 25d35.0%32.2%38.1%32.2%34.5%
Bid-Ask Spread %2.031.594.431.711.71
Gamma HHI0.110.100.170.120.10
Net GEX179.3M74.5M234.6M156.7M183.7M
Net DEX-5.01B-6.92B-3.27B-4.08B-4.71B
Net VEX-21.0M-22.5M-19.8M-20.3M-21.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.160.410.190.28
Total Volume449,854.435219,520995,551308,436689,000
Total OI5,584,935.9135,199,5535,804,1055,300,3375,794,308

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-10-01$28.61$26.0033.1%9.7%34.7%66.0%35.0%-3.8%1.9%156.7M-4.08B-20.3M0.191.71259,82048,6164,112,0131,188,324
2024-10-02$29.04$26.0034.8%10.3%34.8%74.7%36.4%-3.8%1.7%178.9M-4.53B-20.6M0.251.63329,17882,4484,173,8201,204,506
2024-10-03$29.26$25.0035.1%10.1%34.4%75.9%37.1%-3.7%1.5%180.6M-4.75B-20.6M0.291.75187,87354,5144,194,5091,213,448
2024-10-04$29.38$26.0035.4%10.3%31.8%77.4%37.2%-3.5%2.0%188.0M-4.87B-21.0M0.222.13527,921116,7654,229,6641,236,438
2024-10-07$28.91$26.0035.9%10.3%32.7%79.8%37.7%-3.6%-0.4%166.8M-4.36B-20.5M0.351.64260,55192,4024,307,8211,226,445
2024-10-08$27.84$26.0035.5%10.1%36.2%78.2%38.1%-3.3%-0.5%125.4M-3.27B-19.8M0.163.85776,256125,5694,322,8031,258,317
2024-10-09$27.84$26.0035.2%10.0%36.2%76.4%36.6%-3.0%-0.4%143.2M-3.41B-20.2M0.201.62389,04879,1194,533,7921,270,313
2024-10-10$28.38$26.0034.6%9.8%33.5%73.7%35.5%-2.8%-0.6%155.0M-3.94B-20.2M0.271.67200,72054,0804,313,8851,287,465
2024-10-11$28.79$26.0035.1%10.0%32.5%75.9%35.9%-3.0%-0.5%175.1M-4.39B-20.3M0.351.59253,11187,6664,354,5101,302,615
2024-10-14$28.46$26.0034.8%9.9%32.8%74.8%36.7%-3.4%-0.2%74.5M-3.95B-19.9M0.391.66158,30661,2144,319,2261,309,670
2024-10-15$28.70$26.0035.3%10.1%32.9%77.3%36.6%-3.8%-1.1%171.4M-4.30B-20.0M0.171.76228,87538,2984,356,5231,283,259
2024-10-16$28.95$26.0034.7%10.0%31.4%74.3%35.7%-2.6%-0.8%192.0M-4.56B-20.1M0.191.75348,87666,6474,404,9111,299,301
2024-10-17$28.91$26.0034.9%10.0%29.6%75.1%35.3%-3.3%-0.9%167.5M-4.44B-19.8M0.391.63176,97568,8764,375,1231,299,398
2024-10-18$30.64$26.0037.9%11.0%35.7%90.1%39.1%-4.6%-1.8%186.6M-6.60B-20.8M0.214.43821,882173,6694,411,9731,312,541
2024-10-21$30.77$26.0038.1%11.2%34.8%91.1%40.5%-4.7%-1.6%202.7M-5.91B-21.1M0.261.90535,429138,7684,057,2881,142,265
2024-10-22$31.73$26.0039.4%11.7%31.9%97.3%41.4%-4.4%-1.6%216.7M-6.92B-21.4M0.271.78555,117149,7624,128,5481,181,844
2024-10-23$30.73$26.5038.5%11.5%33.9%93.1%41.1%-4.5%-1.6%193.4M-5.80B-22.0M0.252.34482,987121,0344,275,0451,244,531
2024-10-24$30.70$26.5038.1%11.4%33.8%90.9%40.3%-3.9%-1.5%204.2M-5.88B-22.4M0.352.58267,70992,5174,385,0261,254,590
2024-10-25$30.66$26.5037.7%11.2%33.2%89.2%40.1%-4.5%-1.4%198.8M-5.90B-22.5M0.412.59271,191112,1084,440,3191,290,591
2024-10-28$30.71$26.5037.8%11.6%32.5%89.6%41.8%-5.0%-0.4%209.8M-5.90B-22.3M0.311.78184,33756,6204,408,4931,252,376
2024-10-29$31.41$26.5038.1%11.7%33.1%91.0%40.7%-5.1%-0.3%234.6M-6.73B-22.5M0.241.65266,42664,6104,453,0551,256,979
2024-10-30$30.82$26.5037.3%11.4%33.9%86.9%40.4%-4.3%-0.5%218.5M-5.96B-22.3M0.301.61223,11066,6524,498,7081,286,947
2024-10-31$29.81$26.5036.0%11.0%36.2%80.5%38.9%-4.3%-0.5%183.7M-4.71B-21.4M0.281.71537,812151,1884,490,8211,303,487