SLV Options History — April 2026

In April 2026, SLV traded between $65.70 and $73.69. ATM implied volatility averaged 58.1%, placing in the 40.9% IV rank vs the trailing year. The 30-day expected move averaged 16.7%. IV traded above realized volatility by 2.0% (HV 20d: 56.1%). Max pain ranged from $66.00 to $69.00. Net GEX was positive for 14 of 14 trading days. Term structure was in contango for 5 of 14 days. Put/call ratio averaged 0.53.

Notable Days

  • 2026-04-14: Highest Volume — 747,577 contracts
  • 2026-04-14: Largest IV spike — 6.9% change
  • 2026-04-01: Highest IV Rank — 48.3%
  • 2026-04-01: Largest Expected Move — 18.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$69.22$65.70$73.69$68.34$68.50
Max Pain$67.54$66.00$69.00$66.00$68.00
ATM IV58.1%53.1%64.7%64.7%54.0%
Expected Move16.7%15.2%18.5%18.5%15.5%
HV 20d56.1%48.3%59.4%58.2%52.5%
HV 60d103.4%101.8%105.3%105.3%101.8%
IV Rank40.9%35.3%48.3%48.3%36.3%
IV Percentile72.6%68.7%77.4%77.4%69.4%
Term Structure-0.1%-0.9%0.2%-0.3%-0.9%
VWIV60.9%54.6%66.8%66.8%55.8%
Skew 25d-1.4%-6.7%2.4%2.0%-3.5%
Skew 10d-3.7%-14.6%5.1%3.6%-8.1%
Call IV 25d61.1%56.1%65.8%65.8%57.7%
Put IV 25d59.7%52.7%67.8%67.8%54.2%
Bid-Ask Spread %5.384.427.385.207.38
Gamma HHI0.030.030.050.030.03
Net GEX171.5M109.9M268.8M167.7M121.3M
Net DEX-8.91B-14.41B-5.91B-8.57B-6.77B
Net VEX-79.7M-85.3M-74.3M-85.3M-74.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.370.680.620.47
Total Volume535,912380,679747,577557,087466,732
Total OI8,965,750.8577,979,3579,384,0269,102,5067,992,811

Daily Data (14 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-04-01$68.34$66.0064.7%18.5%58.2%48.3%66.8%2.0%-0.3%167.7M-8.57B-85.3M0.625.20344,267212,8205,717,1703,385,336
2026-04-02$65.70$66.5064.6%18.5%59.4%48.2%66.7%2.4%0.0%109.9M-6.06B-81.7M0.605.03405,955242,3385,752,6883,413,681
2026-04-06$66.18$67.0064.0%18.4%58.5%47.5%66.3%0.9%0.1%125.0M-6.25B-79.4M0.684.48229,568156,4545,651,1453,373,596
2026-04-07$65.97$66.5064.4%18.5%57.2%48.0%65.1%2.0%0.0%115.8M-5.91B-79.4M0.485.98257,319124,4605,634,9393,350,729
2026-04-08$67.40$67.0061.2%17.5%57.1%44.4%63.1%1.3%0.0%156.0M-7.18B-79.5M0.665.88374,670248,5165,672,3343,387,225
2026-04-09$68.59$67.5057.5%16.5%57.4%40.2%59.1%0.3%-0.1%167.8M-8.15B-79.6M0.375.44398,344148,5305,668,7023,379,665
2026-04-10$69.13$67.5055.0%15.8%57.6%37.4%56.8%1.7%0.1%196.5M-8.63B-78.8M0.545.07299,817162,9575,746,3863,395,199
2026-04-13$68.28$67.5054.0%15.5%54.7%36.3%56.7%-0.3%-0.1%147.2M-7.47B-75.9M0.545.35337,913182,3365,640,0573,338,355
2026-04-14$71.97$67.5057.8%16.6%58.2%40.5%61.5%-4.5%-0.2%201.1M-11.86B-80.4M0.456.25516,220231,3575,684,0443,336,401
2026-04-15$71.89$68.0055.6%15.9%57.7%38.1%60.3%-5.2%0.2%227.8M-12.08B-81.2M0.485.13438,838210,1125,863,3223,440,697
2026-04-16$71.29$68.5053.6%15.4%55.9%35.8%60.4%-4.1%0.2%219.5M-11.18B-79.8M0.605.12237,840142,8395,897,7563,434,891
2026-04-17$73.69$69.0054.4%15.6%52.9%36.7%59.9%-6.4%0.2%268.8M-14.41B-81.6M0.444.56515,283227,2445,952,5043,431,522
2026-04-20$72.16$69.0053.1%15.2%48.3%35.3%54.6%-6.7%-0.8%175.9M-10.26B-78.4M0.544.42253,411136,6285,099,4242,879,933
2026-04-21$68.50$68.0054.0%15.5%52.5%36.3%55.8%-3.5%-0.9%121.3M-6.77B-74.3M0.477.38316,429150,3035,115,7322,877,079