# SLV: options-positioning snapshot

Canonical: https://halfonadouble.com/stock/SLV
Data through: 2026-10-02 close
Publisher: Half on a Double

| Published field | Value |
| --- | --- |
| Close (USD/share) | 54.74 |
| Delta neutral (USD/share) | 54.77 |
| Gamma neutral (USD/share) | 51.02 |
| Gamma max (USD/share) | 64.42 |
| Open interest (contracts) | 5,341,512 |
| Nearest-expiration max pain (USD/share) | 55.50 (2026-10-05) |
| All-expiration max pain (USD/share) | 57.00 |
| Net gamma exposure | 90,454,504 |
| Confirmed GEX flip (USD/share) | 51.02 |
| Call wall (USD/share) | 60.00 |
| Put wall (USD/share) | 55.00 |
| Put/call open-interest ratio | 0.42 |
| Options catalyst-intensity score (0–100) | 40.2 |
| Options directional score (-100 to +100) | -3.1 |
| IV rank | 18.2 |
| Front ATM IV | +29.9% |
| Front-minus-back IV | -4.9 pp |
| Front expected move | +2.7% |
| Front ATM straddle / spot | +1.7% |
| Front 25-delta risk reversal | 3.6 pp |
| Call OI change, 1 session | -61,697 contracts · -1.6% |
| Put OI change, 1 session | -24,462 contracts · -1.5% |
| Call minus put OI growth, 1 session | -0.1 pp |
| Call OI change, 5 sessions | -240,675 contracts · -6.0% |
| Put OI change, 5 sessions | -106,278 contracts · -6.3% |
| Call minus put OI growth, 5 sessions | +0.3 pp |
| Daily call OI change surprise | -0.26σ (252 prior changes) |
| Daily put OI change surprise | -0.12σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.01σ (252 prior changes) |
| Daily open interest change (contracts) | -86,159 |
| Daily open interest change z-score (prior 252) | -0.20σ (252 prior changes) |
| Gamma max distance from close | +17.7% |
| Delta neutral distance from close | +0.1% |
| Prior-year sessions closer to gamma max | 75.8% of 252 |
| Prior-year sessions closer to delta neutral | 0.4% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 26 | -0.2% | -1.2% to +1.0% | 42% | -1.1% to +0.7% | 0.0% |
| above | Day +3 | 26 | +0.6% | -2.1% to +2.3% | 54% | -1.7% to +1.7% | 0.0% |
| above | Day +5 | 26 | +1.9% | -2.0% to +3.7% | 58% | -1.2% to +3.3% | 0.0% |
| above | Day +10 | 26 | +1.4% | -1.3% to +8.8% | 65% | -1.1% to +7.1% | 0.0% |
| below | Day +1 | 26 | +0.2% | -1.5% to +1.2% | 50% | -0.5% to +0.8% | 0.0% |
| below | Day +3 | 26 | +0.5% | -0.7% to +3.6% | 62% | -0.7% to +2.7% | 0.0% |
| below | Day +5 | 26 | +2.0% | -0.3% to +3.8% | 69% | +0.2% to +3.5% | +0.2% |
| below | Day +10 | 26 | +2.5% | +0.1% to +9.1% | 77% | +0.7% to +7.5% | +0.7% |

Returns are close-to-close after the labelled number of subsequent trading sessions. Cohorts require gamma max to be within 10% of the close on both crossing sessions. Historical windows can overlap and are not independent observations, so interval coverage is not guaranteed.

- [Machine-readable snapshot](https://halfonadouble.com/api/v1/tickers/SLV.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/SLV.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/SLV.json?date=2026-10-02)

An em dash means unavailable, not zero. Values use the same display rounding as the HTML page. This is a current snapshot; full history and individual event paths are on the canonical page.

[Definitions and limitations](https://halfonadouble.com/methodology.md).