SLV Options History — December 2024

In December 2024, SLV traded between $26.33 and $29.06. ATM implied volatility averaged 25.4%, placing in the 28.1% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 0.3% (HV 20d: 25.1%). Max pain ranged from $25.00 to $28.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.39.

Notable Days

  • 2024-12-09: Highest Volume — 529,833 contracts
  • 2024-12-09: Largest IV spike — 10.5% change
  • 2024-12-11: Highest IV Rank — 38.6%
  • 2024-12-04: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.67$26.33$29.06$27.87$26.33
Max Pain$25.43$25.00$28.00$28.00$25.00
ATM IV25.4%23.6%27.6%25.3%24.3%
Expected Move7.4%6.6%8.4%7.8%6.7%
HV 20d25.1%22.5%29.5%28.7%23.4%
HV 60d30.9%29.6%32.6%32.6%29.6%
IV Rank28.1%18.9%38.6%27.5%22.6%
IV Percentile31.0%21.0%42.1%32.1%25.4%
Term Structure0.4%-0.3%1.0%0.0%0.2%
VWIV26.6%23.6%29.9%27.6%23.6%
Skew 25d-1.9%-3.0%-0.9%-1.6%-1.9%
Skew 10d-3.5%-6.3%-2.1%-2.5%-3.0%
Call IV 25d27.0%24.8%29.7%26.7%26.0%
Put IV 25d25.0%23.0%27.0%25.1%24.2%
Bid-Ask Spread %2.351.1317.311.881.62
Gamma HHI0.120.090.150.130.09
Net GEX98.6M34.8M165.0M110.9M60.6M
Net DEX-2.41B-4.08B-1.09B-2.42B-1.09B
Net VEX-18.7M-20.9M-16.8M-16.8M-16.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.180.730.730.22
Total Volume252,820.66749,851529,833153,332110,211
Total OI5,631,731.4764,914,9316,064,8044,914,9315,695,210

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$27.87$28.0025.3%7.8%28.7%27.5%27.6%-1.6%0.0%110.9M-2.42B-16.8M0.731.8888,38364,9493,742,5171,172,414
2024-12-03$28.30$28.0026.2%8.2%29.4%32.1%28.9%-2.1%0.4%120.9M-2.85B-17.2M0.321.64296,00194,7103,756,3271,191,815
2024-12-04$28.52$28.0026.9%8.4%29.5%35.5%29.9%-2.2%0.4%155.7M-3.20B-18.3M0.321.76188,63860,8833,898,2151,236,763
2024-12-05$28.53$25.0026.9%8.1%24.6%35.6%28.6%-2.2%0.6%136.5M-3.22B-18.6M0.241.43264,24764,3513,945,3831,254,818
2024-12-06$28.24$25.0024.9%7.4%22.8%25.4%27.0%-1.9%0.6%124.7M-2.93B-18.5M0.681.44110,55975,3494,109,7451,285,355
2024-12-09$28.98$25.0027.5%8.0%23.7%38.4%28.4%-2.0%0.2%165.0M-3.72B-19.0M0.451.68365,478164,3553,985,5241,278,313
2024-12-10$28.99$25.0027.0%7.9%22.6%36.0%28.6%-2.1%0.7%151.1M-3.76B-19.7M0.491.76329,914161,7194,100,4831,376,073
2024-12-11$29.06$25.0027.6%8.0%22.5%38.6%29.7%-2.8%0.4%157.4M-4.08B-20.9M0.201.81230,38945,8554,272,1731,513,211
2024-12-12$28.21$25.0025.7%7.5%24.7%29.7%26.7%-2.1%0.6%116.9M-2.98B-20.3M0.621.61208,147128,0964,305,7721,523,822
2024-12-13$27.73$25.0024.9%7.4%25.5%25.4%25.9%-2.3%1.0%88.6M-2.43B-20.2M0.301.71194,76658,7064,389,2721,564,840
2024-12-16$27.80$25.0025.4%7.3%25.3%27.9%27.0%-3.0%0.2%96.8M-2.60B-20.0M0.181.40122,17821,8324,383,3111,549,588
2024-12-17$27.81$25.0025.3%7.3%23.2%27.6%26.5%-2.4%0.5%94.2M-2.55B-19.6M0.471.62113,31753,4954,352,4491,544,751
2024-12-18$26.81$25.0025.3%7.3%26.3%27.4%24.6%-0.9%0.2%55.6M-1.42B-18.4M0.4117.31173,11070,4844,392,9731,558,121
2024-12-19$26.55$25.0025.4%7.3%25.9%28.0%26.3%-1.1%-0.3%46.7M-1.17B-18.3M0.501.13262,677130,0754,401,0731,552,046
2024-12-20$26.94$25.0024.9%7.1%26.7%25.4%25.7%-1.2%-0.1%34.8M-1.74B-19.0M0.241.40185,83544,5824,498,3141,566,490
2024-12-23$27.02$25.0024.2%6.9%26.0%22.1%24.8%-2.2%1.0%79.6M-1.87B-18.7M0.471.82164,07777,0724,225,4531,511,011
2024-12-24$27.02$25.0023.8%6.8%24.1%20.3%24.7%-1.9%1.0%76.6M-1.85B-18.9M0.301.6938,33511,5164,248,8491,560,642
2024-12-26$27.14$25.0024.5%6.9%24.1%23.5%25.6%-1.6%1.0%83.8M-1.98B-18.6M0.311.5582,21525,3414,248,4421,546,200
2024-12-27$26.74$25.0023.6%6.6%24.2%18.9%23.8%-1.8%1.0%64.4M-1.48B-18.0M0.231.27129,95930,3544,259,0211,555,721
2024-12-30$26.45$25.0024.3%6.7%23.4%22.5%23.7%-1.4%-0.1%49.5M-1.17B-17.2M0.451.75184,74082,3344,172,4711,541,390
2024-12-31$26.33$25.0024.3%6.7%23.4%22.6%23.6%-1.9%0.2%60.6M-1.09B-16.8M0.221.6290,33119,8804,189,6931,505,517