Home Options SLVReports

SLV

iShares Silver TrustClose $63.39EOD only

Max Pain

$63.50

Next expiry Jun 17, 2026

Expected Move

±$1.47

2.3% from close

Price Gap

+0.11

Distance to max pain

IV Rank

High premium

P/C OI

0.51

Slightly call-heavy

Consensus

6.5/10

Bullish tilt

Published snapshot: Jun 16, 2026 close

End-of-day snapshot

This page reflects SLV options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Jun 16, 2026 close

SLV Flow Report

Analysis based on market close June 17, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Flow Verdict

Confidence:

5 / 10

base 5; -1 GEX/flow contradict; +1 GEX positive (pinning); -0.5 spot 4.6% from MP; +0.5 VIX 18

Watch next session: Monitor $62 support; Watch $63.50 resistance

Flow Summary

Net premium: -$117.4M bearish

P/C volume ratio: 0.58

P/C OI ratio: 0.51

Mixed flow: heavy put buying at $62-$63, but call OI ratio elevated. Net premium negative indicates bearish hedging. Positive GEX ($40M) offers support. Broader market weakness favors downside bias.

Notable Prints

SLV 2026-06-17 $62.00 Put

Vol: 9,521

OI: 683

Vol/OI: 13.9x

IV: 0.0%

Notional: ~$904K

Intent: Bearish

Dual read: Hedge

Read-through: Drop

SLV 2026-06-24 $63.00 Put

Vol: 1,800

OI: 133

Vol/OI: 13.5x

IV: 36.3%

Notional: ~$511K

Intent: Bearish

Dual read: Hedge

Read-through: Drop

SLV 2026-07-02 $67.00 Call

Vol: 3,598

OI: 271

Vol/OI: 13.3x

IV: 51.4%

Notional: ~$245K

Intent: Bullish

Dual read: Spec

Read-through: Rally

SLV 2026-07-24 $72.00 Call

Vol: 6,320

OI: 605

Vol/OI: 10.4x

IV: 50.9%

Notional: ~$556K

Intent: Bullish

Dual read: Spec

Read-through: Rally

SLV 2026-06-22 $60.00 Put

Vol: 5,628

OI: 565

Vol/OI: 10.0x

IV: 39.6%

Notional: ~$507K

Intent: Bearish

Dual read: Hedge

Read-through: Drop

Institutional Positioning

Call additions: Speculative call buying at 67/72/70 strikes; low OI, not institutional.

Put additions: Dominant put hedging at 60-63 strikes; heavy OI, bearish signal.

GEX/DEX consistency: GEX positive, DEX long; but heavy put hedging tempers bullish bias.

OI clusters: Put OI cluster at 60-62.5; spot below, pinning support.

Hedging evidence: Put hedging via aggressive buying at 60-63 strikes.

Max pain context: Spot 4.6% below MP; pinning upward expected.

Signal vs Noise

~Large put volume at 62/63/60 strikes is real hedging signal.

~Deep OTM put at 49 likely noise or lottery.

~Call buying at 70+ strikes speculative, not institutional.

~Dealer long gamma supports pinning, a real signal.

Key Conclusions

🛡️Institutions hedging downside with puts at 60-63; spot near $58.6.

🎯Dealer long gamma may pin price near $60; max pain above.

🚀Speculative call buying at $70+; optimism, not conviction.

How to Use These Reports

This flow reflects the market close on June 17, 2026.

What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.