10000 SLV Oct 20 calls went up in 1 block on the CBOE marked price variation. ?A stock block of 40000 went up 2 min after the option trade.

SLV

Shares of the iShares Silver Trust (SLV) are up .03 to 19.24 today. ??SLV is near the top end of the 52 week range.

  • Paper traded 10000 SLV Oct 20 calls for .79.?
  • The ADV is 86954 per day.?
  • The OI is 19k contracts.

The volume went up in 1 block on the CBOE marked price variation.? A stock block of 40000 went up 2 min after the option trade which would be very light on the delta.? This is probably a trader who owned the calls and rode them up with a smaller hedge and is now exiting.?

  • IV 30 is trading 27%.?
  • HV10 is trading for 29%.?
  • IV 30 is trading below 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.