On open interest of 0 contracts, 9000/9000 SLV Sep30Q 19/21 call spreads traded for .83/36.

SLV

Shares of iShares Silver Trust (SLV) are up .75 to 18.62 today.? SLV is making a 52 week high.

  • Paper traded 9000/9000 SLV Sep30Q 19/21 call spreads for .83/36.
  • The ADV is 74000.
  • The OI is 10 contracts.

The volume went up in 2 large blocks on the ISE.? Large, probably closing volume went up spread on the Sep30Q 16.5 calls as well.? The trade as printed looks like a close on the 16.5s and a roll up to the 19/21s. The trader wants to stay long but grab some money off the table.

  • IV 30 is trading for 31%.?
  • HV10 is trading for 22%.?
  • IV 30 is trading above the HV 10.

iShares Silver Trust (the Trust) owns silver transferred to the Trust in exchange for shares issued by the Trust. The Trust’s each share represents a fractional undivided beneficial interest in its net assets.