thetaOwl

SLV

iShares Silver TrustClose $68.73EOD only
Max Pain
$70.00
Next expiry May 22, 2026
Expected Move
±$2.39
3.5% from close
Price Gap
+1.27
Distance to max pain
IV Rank
13
Low premium
P/C OI
0.53
Slightly call-heavy
Consensus
9.0/10
Bullish tilt
Published snapshot: May 20, 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
May 20, 2026 close
SLV AI Consensus Report
Analysis based on market close May 20, 2026

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

Conviction
9.0

out of 10

9 not 10 because high volatility regime and spot near support ($66.34) reduce buffer; a break below $66 would flip the thesis, but current alignment is exceptional.

Where Perspectives Agree

All personas converge on bullish pin to $70 max pain supported by strong dealer gamma, aggressive institutional call accumulation, and high volatility skew.

Where They Diverge

Directional and flow expect upside to max pain, while theta's iron condor implies range-bound pinning — a minor tension but not incompatible as both target $70 pivot.

Top Trade
via theta

Sell 2026-06-12 $68/$66 put spread for $0.40 credit — defined risk, profits from pin to $70, and benefits from bullish flow and gamma support.

Key Risk

Break below $66.34 support invalidates bullish pin; dealer gamma flips negative and spot accelerates to $62 gamma ramp.

How to Use These Reports
This ai consensus reflects the market close on May 20, 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.