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iShares Silver Trust (SLV · ETF)

Overview · Option chain · Volatility · Expected-move history

Price (delayed) 59.07 +1.99%
Expected moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast. · Sep 18 ±6.8%
Expected range 55.0963.19
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.42.6%
IV percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history). 70/universe
P/C volumePut volume (or open interest) divided by call volume (or open interest). A descriptive activity measure — it does not by itself say what traders expect.0.45
P/C open interest0.44

Cboe delayed options data · as of Sep 02, 21:53 UTC · Figures derived from the full chain (4,998 contracts, 26 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)

Expected move — Sep 18, 2026 (16 days)

Methodology →

Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.

55.0963.1959.14 current

Options are pricing a move of about ±6.8% (range 55.09–63.19) by Sep 18, 2026. ATM straddle: 4.05 @ strike 59 · ATM IV: 41.0%.

Probability distribution

Model & assumptions →

The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.

59.1455.0963.19
expected-move bandmodel density
Levelvs priceP(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction.P(below)
53.23 -10% 88.2% 11.8%
56.19 -5% 71.0% 29.0%
59.14 -0% 48.3% 51.7%
62.10 +5% 27.1% 72.9%
65.06 +10% 12.4% 87.6%

Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.

Probability explorer

Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.

P(finish above)
P(finish below)
P(touch, approx.)

Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions

ExpiresDTEDays to expiration, in calendar days.Implied moveATM IVOpen int.
Sep 02, 2026 0 ±0.1% 25.8% 57.4K
Sep 04, 2026 2 ±2.7% 46.0% 146.4K
Sep 09, 2026 7 ±4.0% 36.5% 18.1K
Sep 11, 2026 9 ±4.9% 39.3% 75.4K
Sep 14, 2026 12 ±5.3% 37.0% 1,698
Sep 16, 2026 14 ±6.2% 39.6% 476
Sep 18, 2026 16 ±6.8% 41.0% 1.44M
Sep 25, 2026 23 ±8.4% 41.8% 77.6K
Sep 30, 2026 28 ±9.2% 41.5% 387.2K
Oct 02, 2026 30 ±9.7% 42.6% 14.1K
Oct 09, 2026 37 ±10.9% 42.9% 3,956
Oct 16, 2026 44 ±12.0% 43.4% 482.4K

Open interest by strike — Sep 18

Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.

44.5048.0051.5055.0058.5062.0065.5069.0072.5059.14
callsputs

Largest open-interest concentrations (all expirations ≤ 60 days): 70 C · 177.0K80 C · 102.5K60 C · 99.6K63 C · 95.8K65 C · 84.9K

IV term structure

Volatility page →

At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.

24%32%41%49%0d198d30d

When does open interest expire?

35%This month60%Later

Implied vs realized volatility

38.0%39.6%41.3%43.0%Aug 31Sep 02
IV30HV20

HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method

Price, last 60 sessions

Track record

Full history →

Of 1 recorded snapshot-versus-outcome comparisons so far, the close landed inside the expected range 100.0% of the time.

About iShares Silver Trust

The iShares Silver Trust is designed to broadly replicate the market price movements of silver. This Trust operates outside the regulatory framework of the 1940 Investment Company Act, meaning it is not subject to the same stringent rules that govern registered mutual funds or ETFs. Furthermore, it does not qualify as a commodity pool under the Commodity Exchange Act. Prospective investors are urged to thoroughly review the prospectus, including its risk factors and all other pertinent information, before finalizing any investment decision.

ETF · Asset Management · AMEX · Profile: Financial Modeling Prep

Related securities — ETF

SPY · IV 12.1%QQQ · IV 18.5%IWM · IV 17.4%GLD · IV 23.7%EWZ · IV 30.9%IBIT · IV 36.0%

Consumer Cyclical

ABNB · Airbnb, Inc.AMZN · Amazon.com, Inc.AZO · AutoZone, Inc.BABA · Alibaba Group Holding…BBY · Best Buy Co., Inc.BYD · Boyd Gaming CorporationCAVA · CAVA Group, Inc.CCL · Carnival Corporation & plc

ETF

ARKK · ARK Innovation ETFBITO · ProShares Bitcoin ETFDIA · State Street SPDR Dow…EEM · iShares MSCI Emerging…EFA · iShares MSCI EAFE ETFEWZ · iShares MSCI Brazil ETFFXI · iShares China Large-Cap ETFGDX · VanEck Gold Miners ETF

Technology

AAPL · Apple Inc.ADBE · Adobe Inc.AI · C3.ai, Inc.AMAT · Applied Materials, Inc.AMD · Advanced Micro Device…APP · AppLovin CorporationARM · Arm Holdings plc Amer…ASML · ASML Holding N.V.

Financial Services

AFRM · Affirm Holdings, Inc.ALL · The Allstate CorporationALLY · Ally Financial Inc.AXP · American Express CompanyBAC · Bank of America CorporationBLK · BlackRock, Inc.BX · Blackstone Inc.C · Citigroup Inc.

Industrials

AAL · American Airlines Gro…BA · The Boeing CompanyCAT · Caterpillar Inc.CMI · Cummins Inc.DAL · Delta Air Lines, Inc.DE · Deere & CompanyEMR · Emerson Electric Co.ETN · Eaton Corporation plc

Energy

BKR · Baker Hughes CompanyCCJ · Cameco CorporationCOP · ConocoPhillipsCVX · Chevron CorporationDVN · Devon Energy CorporationENPH · Enphase Energy, Inc.EOG · EOG Resources, Inc.ET · Energy Transfer LP