thetaOwl

SLV

iShares Silver TrustClose $71.24EOD only
Max Pain
$65.00
Next expiry Apr 17, 2026
Expected Move
±$1.52
2.1% from close
Price Gap
-6.24
Distance to max pain
IV Rank
100
High premium
P/C OI
0.57
Slightly call-heavy
Consensus
6.5/10
Bullish tilt
Published snapshot: Apr 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
Apr 16, 2026 close
SLV AI Consensus Report
Analysis based on market close April 17, 2026

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

Conviction
6.5

out of 10

6.5 because directional, theta and flow largely align on a $70 pin and bullish tilt, but meaningful conflict between institutional flow pushing for a breakout and dealer gamma resisting it — plus acute risk if price breaches the pin — prevents a higher score.

Where Perspectives Agree

Market is biased bullish with a pin near $70 driven by dealer long-gamma and buy-side flow, making $70 the short-term magnet and enabling constrained upside toward the mid-$70s.

Where They Diverge

Flow signals (large institutional buy interest above current levels) expect a breakout higher, which directly conflicts with dealer gamma pinning that mechanically resists a clean break above $70; theta prefers premium-selling around the pin which assumes continued pinning, but that strategy would be undermined if flow forces a breakout.

Top Trade
via theta

Sell 2026-05-01 $70/$67 put spread for a credit (theta)

Key Risk

Break and close below $70 (trigger) flips dealer gamma from long to short, removing the pin and accelerating downside toward $67 where stop cascades and liquidity gaps may form.

Read the AI Analyst Consensus for SLV for 2026-04-17. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.