SLV Option Chain — Live

Commodity ETF

iShares Silver Trust · All strikes, calls, puts, Greeks, IV, open interest. Updated every 30 seconds during market hours.

$69.25
Last updated: · auto-refresh in 30s
Calls
Strike
Puts
BidAskLastVolIV%Δ Strike BidAskLastVolIV%Δ
49.17 49.41 20.00 0.00 0.07
44.02 44.06 25.00 0.00 0.02 0.01 2
39.48 39.73 30.00 0.00 0.02 0.01 2
33.94 34.01 34.38 1 35.00 0.00 0.01 0.01 2
28.72 29.42 31.91 2 40.00 0.00 0.05 0.01 2
23.89 24.20 24.33 1 45.00 0.04 0.06 0.05 25
18.94 19.35 19.09 1 50.00 0.06 0.10 0.07 3 83.3 -0.02
18.57 18.77 104.2 0.95 51.00 0.02 0.11 0.10 1 76.4 -0.02
17.42 17.67 89.6 0.96 52.00 0.03 0.08 0.12 1 70.4 -0.02
16.14 16.52 15.90 70 50.1 1.00 53.00 0.07 0.13 0.14 6 72.9 -0.03
15.26 15.35 14.97 8 54.00 0.09 0.11 0.10 1 68.6 -0.03
14.54 14.74 14.25 1 81.0 0.94 55.00 0.09 0.16 0.12 28 67.0 -0.03
13.61 13.86 12.85 3 81.1 0.92 56.00 0.11 0.19 0.20 4 64.8 -0.04
12.56 12.76 13.65 134 72.0 0.93 57.00 0.19 0.22 0.22 10 64.4 -0.05
11.22 11.90 11.16 70 61.3 0.94 58.00 0.22 0.26 0.26 18 62.0 -0.06
10.69 10.90 10.42 8 67.9 0.90 59.00 0.27 0.32 0.30 2 60.2 -0.08
9.50 9.68 9.65 1 53.4 0.92 60.00 0.28 0.38 0.35 105 57.0 -0.09
9.32 9.34 12.21 46 61.3 0.88 60.50 0.36 0.39 0.55 8 56.5 -0.10
8.80 8.88 9.93 135 59.0 0.88 61.00 0.38 0.47 0.49 23 56.0 -0.11
8.20 8.45 7.13 5 55.8 0.88 61.50 0.47 0.52 0.68 6 56.0 -0.13
7.78 8.10 9.22 1 56.9 0.86 62.00 0.52 0.58 0.60 117 55.2 -0.14
7.38 7.75 6.94 2 58.0 0.83 62.50 0.59 0.61 0.62 2 54.1 -0.15
6.85 6.96 6.82 5 50.2 0.85 63.00 0.68 0.73 0.73 10 54.4 -0.17
6.50 6.70 6.62 4 53.1 0.82 63.50 0.72 0.78 0.95 2 52.8 -0.18
6.26 6.36 6.01 18 55.6 0.79 64.00 0.80 0.87 0.92 155 52.1 -0.20
5.83 6.03 5.54 2 55.3 0.77 64.50 0.91 1.03 1.06 2 52.4 -0.22
5.45 5.53 5.53 11 53.5 0.75 65.00 1.07 1.12 1.11 98 52.2 -0.25
5.05 5.08 4.61 2 51.8 0.73 65.50 1.21 1.24 1.26 14 51.9 -0.27
4.63 4.86 4.50 28 52.2 0.70 66.00 1.33 1.39 1.36 85 51.4 -0.29
4.24 4.43 4.37 2 50.5 0.68 66.50 1.48 1.55 1.73 1 51.0 -0.32
4.02 4.12 3.54 2 51.5 0.65 67.00 1.65 1.76 1.80 36 51.1 -0.35
3.58 3.74 3.72 3 49.4 0.63 67.50 1.82 1.91 1.99 11 50.4 -0.37
3.31 3.52 3.42 258 50.2 0.60 68.00 2.05 2.17 2.22 35 51.0 -0.40
3.07 3.15 3.05 185 49.6 0.57 68.50 2.31 2.38 2.31 75 51.1 -0.43
2.84 2.94 2.85 272 50.3 0.54 69.00 2.50 2.59 2.56 14 50.3 -0.46
2.60 2.73 2.62 41 50.6 0.51 69.50 2.75 2.85 3.51 8 50.3 -0.49
2.41 2.43 2.39 354 50.3 0.48 70.00 3.06 3.16 3.50 213 51.0 -0.52
2.19 2.22 2.21 118 50.3 0.45 70.50 3.23 3.34 3.34 137 49.0 -0.55
1.93 2.02 2.02 409 49.7 0.42 71.00 3.51 3.73 3.66 9 49.6 -0.58
1.81 1.82 1.77 1020 50.2 0.40 71.50 3.87 4.03 4.37 4 49.9 -0.60
1.60 1.67 1.64 241 50.1 0.37 72.00 4.27 4.31 4.59 9 50.2 -0.63
1.49 1.55 1.50 30 51.0 0.35 72.50 4.50 4.62 4.77 3 48.8 -0.66
1.31 1.40 1.38 3268 50.6 0.32 73.00 4.82 5.13 5.19 4 50.1 -0.68
1.18 1.22 1.21 934 50.2 0.29 73.50 5.17 5.47 6.70 1 49.7 -0.71
1.05 1.16 1.10 646 50.9 0.27 74.00 5.30 5.81 6.17 1 46.5 -0.75
0.95 1.01 1.00 10 50.7 0.25 74.50 5.88 6.20 6.52 10 48.7 -0.76
0.90 0.91 0.91 243 51.4 0.23 75.00 6.55 6.74 6.83 23 53.7 -0.76
0.80 0.83 0.81 7 51.6 0.21 75.50 6.65 7.15 5.23 2 50.1 -0.79
0.70 0.78 0.73 85 52.0 0.20 76.00 7.33 7.61 8.22 15 54.2 -0.79
0.65 0.68 0.61 1 52.1 0.18 76.50 7.69 7.93 7.08 1 52.2 -0.82
0.59 0.65 0.59 33 53.0 0.17 77.00 8.15 8.38 8.40 5 53.1 -0.83
0.50 0.56 0.54 5 52.3 0.15 77.50 8.72 8.84 6.61 1 55.6 -0.83
0.51 0.53 0.51 598 54.0 0.14 78.00 9.08 9.21 9.65 7 53.5 -0.86
0.39 0.50 0.57 9 53.4 0.13 78.50 9.41 9.59 50.3 -0.89
0.40 0.45 0.41 77 54.5 0.12 79.00 9.48 10.12 10.48 1 42.9 -0.93
0.36 0.39 0.38 1 54.5 0.11 79.50 10.30 10.45 11.20 2 48.5 -0.92
0.30 0.38 0.33 175 54.8 0.10 80.00 10.68 10.98 11.75 14 47.8 -0.93
0.26 0.33 0.36 33 54.6 0.09 80.50 11.22 11.53 51.8 -0.92
0.29 0.33 0.29 29 56.9 0.09 81.00 11.87 12.08 12.02 4 58.2 -0.90
0.21 0.28 0.24 118 57.0 0.07 82.00 12.75 12.94 11.45 1 55.1 -0.93
0.17 0.25 0.21 24 58.1 0.06 83.00 13.52 14.13 13.93 1 57.0 -0.94
0.15 0.19 0.20 44 58.5 0.05 84.00 14.07 14.88 12.38 1
0.18 0.20 0.17 277 62.7 0.06 85.00 15.50 16.04 15.88 15 59.0 -0.96
0.14 0.15 0.19 7 62.2 0.04 86.00 16.70 17.74 14.24 2 85.0 -0.89
0.10 0.17 0.15 13 64.0 0.04 87.00 17.56 18.12 17.92 27 69.7 -0.94
0.12 0.16 0.12 4 67.0 0.04 88.00 18.51 19.12 19.02 1 70.8 -0.95
0.05 0.12 0.23 1 63.9 0.03 89.00 19.18 20.71 20.74 5 81.7 -0.93
0.11 0.14 0.10 36 70.6 0.03 90.00 20.35 20.64 22.09 5
0.05 0.14 0.10 50 69.8 0.03 91.00 21.12 22.38 73.3 -0.97
0.08 0.13 0.13 8 73.3 0.03 92.00 22.53 22.82 20.81 502 66.3 -0.98
0.05 0.12 0.09 9 77.5 0.02 95.00 25.62 26.96 26.02 3
0.07 0.10 0.08 8 87.8 0.02 100.00 30.41 32.15 30.50 1
0.02 0.03 0.05 14 105.00 35.74 36.84 37.64 1
0.01 0.07 0.03 1 110.00 40.59 42.23 35.60 10
0.03 0.07 0.05 1 115.00 45.70 46.19
0.00 0.02 0.05 8 120.00 50.75 52.00
0.00 0.05 0.05 445 125.00 54.67 55.68

About iShares Silver Trust Options

SLV tracks the price of physical silver. More volatile than gold ETFs due to silver's industrial demand (solar, electronics).

SLV options have good liquidity and higher IV than GLD. Popular for precious-metals swing trades and volatility strategies.

How to Read the SLV Option Chain

Each row above is one strike price. Calls (right to buy SLV) sit on the left; puts (right to sell) sit on the right. For both sides you see the bid, ask, last traded price, volume, implied volatility (IV%) and delta (Δ). The highlighted row is the at-the-money strike — the one closest to the current SLV price of $69.25.

Bid/ask is what buyers are willing to pay and what sellers want; the midpoint is a fair estimate of the option's value. Last is the most recent trade. IV% is the market's implied forecast of SLV's future price movement — higher IV means pricier premiums. Delta roughly equals how much the option price moves per $1 change in SLV.

Frequently Asked Questions

What is the SLV option chain?

The SLV option chain is the complete list of call and put options available on iShares Silver Trust for every strike price and expiration date. Each row shows the bid/ask, last trade, volume, open interest, implied volatility, and Greeks (delta, gamma, theta, vega) for one contract.

How often is this SLV option chain updated?

Quotes, Greeks, and implied volatility refresh every 30 seconds during US market hours (9:30am to 4:00pm ET, Monday to Friday). Outside market hours the page refreshes once per hour. The timestamp in the header shows exactly when the data was last updated.

Where does SLV options data come from?

Options data is sourced from Alpaca's OPRA-backed market feed. Implied volatility and Greeks are computed using Black-Scholes-Merton pricing with a continuous dividend yield for iShares Silver Trust.

How do I read an option chain?

Each row is a strike price. Call options (right to buy) are on the left, put options (right to sell) are on the right. For each side you see the bid (what buyers will pay), ask (what sellers want), last (last traded price), and Greeks. The ATM strike is highlighted — it is closest to the current SLV price.

What are the Greeks in the SLV option chain?

Delta measures how much the option price changes per $1 move in SLV. Gamma is the rate of change of delta. Theta is daily time decay (negative for long options). Vega is sensitivity to implied-volatility changes. These appear per strike in the table above.

Why trade SLV options?

SLV options have good liquidity and higher IV than GLD. Popular for precious-metals swing trades and volatility strategies.

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