The Motley FoolT3·2mo ago
SLVP iShares MSCI Global Silver and Metals Miners ETF
ETF 31.30 DelayedETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
SLVP
$31.30
—
Key stats
$31.30
- 52-Week Range
- $24.70 – $50.15
- YTD
- -7.75%
- IV Rank (30D)
- 21.83
- Straddle Price
- $3.33
- P/C Vol Ratio
- 1.60
- Open
- $32.00
- Day Range
- $31.16 – $32.04
- Volume
- 130,831
- Prev Close
- $33.32
About
iShares MSCI Global Silver and Metals Miners ETF (SLVP) ETF
No description available.
- Exchange
- BATS
- Inception
- 2012-01-31
- Has Options
- Yes
- Homepage
- https://www.ishares.com/us
Fund profile
holdings as of Oct 20, 2026issuer datathrough May 2026flows, SEC filings
- Expense ratio
- 0.39% issuer, Oct 22, 2026
- Assets
- $840M issuer-reported, Oct 20, 2026
- Trailing yield
- 2.11% paid semi-annual
- Average daily volume
- $7.4M 30 sessions
- Holdings
- 49 top 10 are 71.9%
- Listed
- Jan 31, 2012 Cboe BZX
- Net asset value
- $33.32 issuer, Oct 21, 2026 · closed -0.03% to NAV
- Median bid/ask spread
- 0.28% 30 days, issuer-reported
- 30-day SEC yield
- 0.30% issuer, Sep 30, 2026
- Return on NAV, 1 year
- +31.1% issuer, through Sep 30, 2026 · 3 years +61.8% a year · 5 years +24.5% · 10 years +11.2%
- Distributions, 12 months
- $0.70 a share issuer, through Jun 15, 2026: 100% income
- Tracking difference
- -0.65 pts vs index, after fees, FY 2025
Cost78
Liquidity62
Scale71
Diversification37
Moves with. Gold (57% of its variance, beta 1.36); US large-cap stocks (10% of its variance, beta 0.91). These factors explain 77% of its daily moves over the last year.
Stated objective. The iShares MSCI Global Silver and Metals Miners ETF (the Fund ) seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of silver exploration or metals mining. (from the fund's prospectus)
All 49 holdingsFlow historySimilar fundsOverlap toolAll Metals & Mining ETFs
Fund flows
daily as of Oct 21, 2026issuer datathrough May 2026SEC filings- Oct 21, 2026
- −$6.7M latest day
- Latest 5 trading days
- −$10M
- Latest 21 trading days
- −$10M −1.2% of assets
- Year to date
- +$50M +$139M over 12 months
Each day
| Day | Net flow |
|---|---|
| Oct 21, 2026 | −$6.7M |
| Oct 20, 2026 | $0 |
| Oct 19, 2026 | $0 |
| Oct 16, 2026 | −$3.4M |
| Oct 15, 2026 | $0 |
| Oct 14, 2026 | $0 |
| Oct 13, 2026 | $0 |
| Oct 12, 2026 | $0 |
| Oct 9, 2026 | $0 |
| Oct 8, 2026 | $0 |
| Oct 7, 2026 | $0 |
| Oct 6, 2026 | $0 |
| Oct 5, 2026 | $0 |
| Oct 2, 2026 | $0 |
| Oct 1, 2026 | $0 |
| Sep 30, 2026 | $0 |
| Sep 29, 2026 | $0 |
| Sep 28, 2026 | $0 |
| Sep 25, 2026 | $0 |
| Sep 24, 2026 | $0 |
| Sep 23, 2026 | $0 |
Daily figures are the change in shares outstanding times net asset value, both as the issuer publishes them each day.
- May 2026
- +$6.9M latest reported month
- Latest 3 months
- −$88M −8.8% of assets
- Latest 12 months
- +$327M +32.7% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | +$6.9M |
| Apr 2026 | −$38M |
| Mar 2026 | −$57M |
| Feb 2026 | −$58M |
| Jan 2026 | +$254M |
| Dec 2025 | +$120M |
| Nov 2025 | −$2.7M |
| Oct 2025 | +$11M |
| Sep 2025 | +$72M |
| Aug 2025 | −$3.5M |
| Jul 2025 | +$5.4M |
| Jun 2025 | +$16M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 81 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| AGMIThemes Silver Miners ETF | 54% | 0.35% | $10M | +15.0% | compare |
| SILJAmplify Junior Silver Miners ETF | 46% | 0.69% | $3.3B | −0.4% | compare |
| SILGlobal X Silver Miners ETF (NEW) | 38% | 0.65% | $4.1B | +8.0% | compare |
| SLVRSprott Silver Miners & Physical Silver ETF | 38% | 0.65% | $646M | +5.9% | compare |
| PMTLFirst Trust Indxx Quality Precious Metals Miners ETF | 31% | — | $2.3M | — | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 20, 2026issuer data- Short interest
- 4.8% of float, weighted · 3.5 days to cover
- Insider buying
- 0% of weight had net insider buying, 90 days; 20% net selling
- 13F holders
- +8.6% change in shares held by institutions, latest quarter
- Reporting earnings
- 10.0% of weight in 7 days; 47.0% in 14
Holdings reporting in the next 14 days · weighted implied move this week 0.65%
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
What changed in the portfolio
Feb 28, 2026 → May 31, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Increase | AGFIRST MAJESTIC SILVER CORP. | 2.24% | 9.11% | +405.1% |
| New position | GoGold Resources Inc | — | 1.56% | — |
| Exit | GOLDNew Gold Inc | 1.53% | — | — |
| Increase | NEMNEWMONT CORPORATION | 3.70% | 4.29% | +12.5% |
| Decrease | CDECOEUR MINING, INC. | 1.86% | 1.32% | −18.3% |
| New position | ANPMFAndean Precious Metals Corp | — | 0.46% | — |
| New position | HYMCHYCROFT MINING HOLDING CORPORATION | — | 0.32% | — |
| Increase | AEMAGNICO EAGLE MINES LIMITED | 3.84% | 4.14% | +20.6% |
| New position | KINGSGATE CONSOLIDATED LIMITED | — | 0.24% | — |
| New position | FireFly Metals Ltd | — | 0.24% | — |
0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 0.4%. Full holdings and history
Under the hood
fiscal year to Aug 31, 2025SEC census- Authorized participants
- 6 active of 38 with agreements; top 3 did 90%
- Created · redeemed
- $45M · $46M over the fiscal year
- Redemptions in kind
- 100% creations 100% in kind
- Creation unit
- 100,000 shares
- Securities lending
- 6.92% of assets on loan on average; earned 4.7 bp
- Return vs index
- -0.65 pts after fees; -0.65 before; daily s.d. 13.42
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-10-20
Holdings
49
AUM
$839.6M
Provider
iShares (BlackRock)
Inception
2012-01-31
Exchange
BATS
Data As Of
2026-10-20
Expense Ratio
0.39%
Dividend Yield
2.11%
Distribution
Semi-Annual
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-06-15 | 2026-06-18 | $0.1379 | CD |
| 2025-12-16 | 2025-12-19 | $0.5651 | CD |
| 2025-06-16 | 2025-06-20 | $0.0450 | CD |
| 2024-12-17 | 2024-12-20 | $0.0810 | CD |
| 2024-06-11 | 2024-06-17 | $0.0401 | CD |
| 2023-12-20 | 2023-12-27 | $0.0481 | CD |
Asset Allocation
Top Holdings
top 49 of 49 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| HL | HECLA MINING | 13.38% | Equity (US) | US |
| — | INDUST PENOLES | 11.71% | Equity (Foreign) | MX |
| AG | FIRST MAJESTIC SILVER | 10.03% | Equity (Foreign) | CA |
| FRES | FRESNILLO PLC | 8.45% | Equity (Foreign) | GB |
| AYA | AYA GOLD & SILVER INC | 5.18% | Equity (Foreign) | CA |
| NEM | NEWMONT | 5.01% | Equity (US) | US |
| DSV | DISCOVERY MINING LTD | 4.89% | Equity (Foreign) | CA |
| AEM | AGNICO EAGLE MINES | 4.82% | Equity (Foreign) | CA |
| WPM | WHEATON PRECIOUS METALS | 4.63% | Equity (Foreign) | CA |
| EDR | ENDEAVOUR SILVER CORP | 3.83% | Equity (Foreign) | CA |
| SVM | SILVERCORP METALS INC | 3.23% | Equity (Foreign) | CA |
| K | KINROSS GOLD | 2.52% | Equity (Foreign) | CA |
| GGD | GOGOLD RESOURCES | 1.87% | Equity (Foreign) | CA |
| PAAS | PAN AMERICAN SILVER | 1.64% | Equity (Foreign) | CA |
| CDE | COEUR MINING | 1.60% | Equity (US) | US |
| VZLA | VIZSLA SILVER | 1.44% | Equity (Foreign) | CA |
| ASM | AVINO SILVER AND GOLD MINES LTD | 1.32% | Equity (Foreign) | CA |
| DPM | DPM METALS | 1.27% | Equity (Foreign) | CA |
| HAR | HARMONY GOLD MINING COMPANY LIMITE | 1.24% | Equity (Foreign) | ZA |
| ELD | ELDORADO GOLD | 1.14% | Equity (Foreign) | CA |
| LUG | LUNDIN GOLD | 1.08% | Equity (Foreign) | CA |
| SSRM | SSR MINING | 1.08% | Equity (Foreign) | CA |
| — | CHINA GOLD INTERNATIONAL RESOURCES | 1.05% | Equity (Foreign) | CN |
| HSLV | HIGHLANDER SILVER CORP | 1.00% | Equity (Foreign) | CA |
| NUAG | NEW PACIFIC METALS | 0.99% | Equity (Foreign) | CA |
| FVI | FORTUNA MINING CORP | 0.85% | Equity (Foreign) | CA |
| — | ZHAOJIN MINING INDUSTRY LTD H | 0.72% | Equity (Foreign) | CN |
| TXG | TOREX GOLD RESOURCES | 0.67% | Equity (Foreign) | CA |
| SKE | SKEENA RESOURCES | 0.65% | Equity (Foreign) | CA |
| SEA | SEABRIDGE GOLD | 0.61% | Equity (Foreign) | CA |
| HOC | HOCHSCHILD MINING PLC | 0.61% | Equity (Foreign) | GB |
| APM | ANDEAN PRECIOUS METALS | 0.43% | Equity (Foreign) | CA |
| PPTA | PERPETUA RESOURCES | 0.41% | Equity (US) | US |
| KCN | KINGSGATE CONSOLIDATED | 0.19% | Equity (Foreign) | AU |
| HYMC | HYCROFT MINING HOLDING CORP CLASS | 0.19% | Equity (US) | US |
| APX | APEX MINING CLASS A INC | 0.12% | Equity (Foreign) | PH |
| — | BLK CSH FND TREASURY SL AGENCY | 0.04% | Cash/Money Market | US |
| — | CAD CASH | 0.03% | Cash/Money Market | CA |
| — | ZAR CASH | 0.03% | Cash/Money Market | ZA |
| — | GBP CASH | 0.02% | Cash/Money Market | GB |
| — | MXN CASH | 0.01% | Cash/Money Market | MX |
| — | HKD CASH | 0.01% | Cash/Money Market | HK |
| — | AUD CASH | 0.01% | Cash/Money Market | AU |
| — | CASH COLLATERAL CAD WFFUT | 0.01% | Cash/Money Market | US |
| — | PHP CASH | 0.00% | Cash/Money Market | PH |
| — | JPY CASH | 0.00% | Cash/Money Market | JP |
| — | CNH CASH | 0.00% | Cash/Money Market | CN |
| — | S&P/TSE 60 INDEX DEC 26 | 0.00% | Derivative | CA |
| — | USD CASH | -0.02% | Cash/Money Market | US |
Geographic Breakdown
Non-Equity Breakdown
iShares MSCI Global Silver and Metals Miners ETF ·
NPORT-P period 2026-05-31
(filed 2026-07-27)
Net assets:
$999M
· 48 total positions
· equity 99.49%
· non-equity 9.82%
Non-equity holdings
— 12 positions,
9.82% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 9.44% | $94.4M | 2 |
| Other | 0.37% | $3.7M | 9 |
| Derivative (equity) | 0.01% | $105751 | 1 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -11.40% | -7.32% | 4.51% | -11.78% | 7.55% | 13.76% | -0.78% |
| Feb | -13.68% | 8.77% | -17.07% | -9.81% | -1.95% | 24.21% | -1.59% |
| Mar | -3.40% | 2.45% | 15.52% | 20.09% | 15.93% | -24.00% | 4.43% |
| Apr | -0.98% | -15.21% | -2.46% | 8.54% | 2.49% | -5.04% | -2.11% |
| May | 11.88% | -7.82% | -9.54% | 15.00% | 5.88% | 4.54% | 3.32% |
| Jun | -15.60% | -13.35% | -8.14% | -9.74% | 7.03% | -15.09% | -9.15% |
| Jul | -3.65% | -0.10% | 6.95% | 15.01% | -1.96% | -4.67% | 1.93% |
| Aug | -4.65% | -14.30% | -3.16% | -1.67% | 23.89% | 30.54% | 5.11% |
| Sep | -10.68% | 7.85% | -10.25% | 12.95% | 20.47% | -8.77% | 1.93% |
| Oct | 11.12% | -2.30% | 6.10% | 6.61% | -3.70% | -10.04%* | 1.30% |
| Nov | -3.82% | 11.31% | 17.38% | -8.11% | 20.80% | -- | 7.51% |
| Dec | 1.65% | -5.23% | -2.77% | -8.77% | 6.93% | -- | -1.64% |
| Total | -38.42% | -33.44% | -8.66% | 22.89% | 158.44% | -7.55% | 15.55% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $34.31
SMA 50: $37.20
SMA 200: $36.76
Current: $31.32
EMA 12: $33.56
EMA 26: $34.78
MACD: -1.2121 | Signal: -0.1592
BEARISH
ADX (14): 20.16
WEAK TREND
+DI: 16.24
−DI: 35.36
Momentum Oscillators
RSI (14): 32.86
NEUTRAL
Stoch %K: 28.48
Stoch %D: 36.94
Williams %R: -96.34
Volume & Volatility
BB Upper: $36.89
BB Lower: $31.74
OVERSOLD
OBV: 7,072,279
Vol SMA 20: 199,720
Vol ROC: -26.41%
ATR: $1.29
True Range: $2.16
HV 20: 43.9%
HV 30: 45.0%
HV 60: 52.0%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall assessment: BULLISH (confidence level: 8/10)
Key drivers: Technical indicators pointing to a trending market, recent news headlines highlighting positive sentiment around SLVP.
Primary risks: High volatility, potential mean reversion, and regulatory changes.
Investment thesis: SLVP is poised for further upside as technical indicators continue to confirm the bullish trend, despite high volatility.
Recent news sentiment impact: Positive news headlines have contributed to the stock's upward momentum.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): Bullish, Medium-term (1-3 months): Bullish, Long-term (3-12 months): Neutral
Support/Resistance Levels: Lower: $35.50, Middle: $39.27, Upper: $43.05
Momentum Signals:
- RSI interpretation: Neutral (59.60)
- MACD signal: Bullish
- Bollinger Bands position: Neutral (signal line is around the middle band)
Volume Analysis: Volume SMA 20: 351062.16, On-Balance Volume (OBV): 9359619.74, Volume Rate of Change: -37.70%
News & Sentiment Analysis
Recent Headlines Summary: Positive news headlines about SLVP and its performance compared to other precious metals ETFs.
Sentiment Assessment: Positive sentiment dominates, with a score of 7/10 based on the news articles provided.
Catalyst Identification: No specific catalysts identified, but recent news headlines may have contributed to the stock's upward momentum.
Market Narrative: Technical indicators and news sentiment are aligned in their bullish assessment, increasing the likelihood of further upside.
Risk & Volatility Assessment
Beta Interpretation: High risk relative to market (beta: 2.28)
Volatility Regime: Current volatility is high compared to historical levels.
Options Market Signals: IV Rank: Low, Expected Move: $5.60, Put/Call Volume Ratio: 0.58 (Bullish sentiment)
Downside Protection: Support levels are around $35.50 and $39.27; consider stop-loss levels below these values for risk management.
Market Context & Positioning
Sector Performance: SLVP is outperforming its sector peers, with a relative strength of 1.2.
Institutional Activity: Institutional volume patterns suggest increasing interest in the stock.
Correlation Analysis: Correlation with the market is relatively high (R-squared: 0.50), indicating that SLVP tends to follow the broader market trends.
Relative Valuation: Position within a trading range, with potential for further upside.
Key Levels & Action Items
Critical Price Levels: Lower: $35.50, Middle: $39.27, Upper: $43.05; consider stop-loss levels below these values for risk management.
Breakout/Breakdown Levels: No specific levels identified, but a breakout above the upper band or a breakdown below the lower band could trigger significant moves.
Time-Sensitive Catalysts: No specific catalysts identified, but recent news headlines may have contributed to the stock's upward momentum.
Risk Management: Consider stop-loss levels around $39.27 and $43.05 for risk management; position sizing considerations should be based on individual risk tolerance.
Generated
News
All SLVP news →
The Motley FoolT3·3mo ago
The Motley FoolT3·6mo ago
The Motley FoolT3·6mo ago
BenzingaT3·9mo ago
BenzingaT3·9mo ago
The Motley FoolT3·9mo ago
The Motley FoolT3·11mo ago
BenzingaT3·25mo ago
Zacks Investment ResearchT3·28mo ago
Showing 1–10 of 40
Page 1 of 4
SLVP Options Activity & IV Rank
SLVP IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 47.6%
7-DTE IV: —
Expected Move: $3.33
7-DTE Move: $3.33
Days to Exp: 29 (2026-11-20)
Options Flow
Call Volume: 248
Put Volume: 397
P/C Volume: 1.601
BEARISH
Call OI: 1,582
Put OI: 1,403
P/C OI: 0.887
Total OI: 2,985
ATM Options Pricing
ATM Call: $1.98
ATM Put: $1.35
Call %: 6.3%
Put %: 4.3%
Chain Summary
Chain Volume: 1,012
Chain OI: 4,560
Last Updated: 10/22/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
LOW γ vs HISTORY
Estimated net dealer gamma is at the 9th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
9%
vs own history
GEX tilt
+0.05
OI-weighted, today
Vanna tilt
-0.03
δ-sensitivity to IV
Charm tilt
-0.10
δ-decay vs time
? What is this?
· 23 ATM contracts, 2k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
No data
30 DTE / 10d
6%
+0.9
pts
EXTREME
ATM 47.0% / Wing 47.9%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)21.8LowOct 22
Straddle Price (30 DTE)$3.33Oct 22
Beta Analysis
Risk Metrics
Beta: 2.3591
Alpha: -0.49%
Correlation: 0.5280
R-Squared: 27.9%
Stock Volatility: 56.9%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
SLVP Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
4 filers$10.10M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $9.38M | 92.86% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $391.54K | 3.88% | 2026-06-30 |
| 3 | Wolverine Trading, LLC Custodian | $271.00K | 2.68% | 2025-09-30 |
| 4 | Belvedere Trading LLC | $58.58K | 0.58% | 2026-06-30 |
3 filers$4.09M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $3.62M | 88.46% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $332.96K | 8.14% | 2026-06-30 |
| 3 | Belvedere Trading LLC | $138.74K | 3.39% | 2026-06-30 |
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
78.15K
SI % of Float
0.31%
Days to Cover
1.00
Short Vol Ratio
47.7%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-21
SLVP Constituent Performance
Click any bar to view the full quote for that stock.
SLVP Constituents (24 of 33)
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| HL | HECLA MINING | 13.38% | $14.23 | -5.98% | -8.52% | -20.65% |
| AG | FIRST MAJESTIC SILVER | 10.03% | $15.24 | -5.28% | -5.28% | -18.76% |
| FRES | FRESNILLO PLC | 8.45% | $0.85 | -24.11% | -38.41% | -35.11% |
| AYA | AYA GOLD & SILVER INC | 5.18% | $24.27 | -8.73% | -6.65% | -13.14% |
| NEM | NEWMONT | 5.01% | $112.04 | -4.39% | -3.24% | -7.63% |
| AEM | AGNICO EAGLE MINES | 4.82% | $176.51 | -5.79% | -5.89% | -8.96% |
| WPM | WHEATON PRECIOUS METALS | 4.63% | $124.58 | -5.74% | -6.44% | -13.41% |
| EDR | ENDEAVOUR SILVER CORP | 3.83% | $29.25 | +1.46% | +1.70% | -4.88% |
| SVM | SILVERCORP METALS INC | 3.23% | $8.65 | -7.59% | -11.37% | -23.72% |
| K | KINROSS GOLD | 2.52% | $83.44 | -0.01% | +0.36% | +0.14% |
| PAAS | PAN AMERICAN SILVER | 1.64% | $41.44 | -5.06% | -5.32% | -12.78% |
| CDE | COEUR MINING | 1.60% | $14.08 | -6.94% | -8.63% | -25.66% |
| VZLA | VIZSLA SILVER | 1.44% | $3.15 | -6.25% | -5.12% | -20.05% |
| ASM | AVINO SILVER AND GOLD MINES LTD | 1.32% | $4.88 | -6.43% | -6.07% | -17.51% |
| ELD | ELDORADO GOLD | 1.14% | $28.01 | -0.36% | -0.41% | -0.32% |
| SSRM | SSR MINING | 1.08% | $29.53 | -6.13% | -6.99% | -17.56% |
| HSLV | HIGHLANDER SILVER CORP | 1.00% | $4.98 | -5.68% | -1.19% | -5.50% |
| NUAG | NEW PACIFIC METALS | 0.99% | $20.26 | +0.54% | +0.34% | +0.74% |
| TXG | TOREX GOLD RESOURCES | 0.67% | $69.3 | -8.32% | -4.27% | -17.61% |
| SKE | SKEENA RESOURCES | 0.65% | $28.76 | -9.19% | -9.96% | -8.50% |
| SEA | SEABRIDGE GOLD | 0.61% | $20.72 | -0.54% | -0.96% | +4.48% |
| APM | ANDEAN PRECIOUS METALS | 0.43% | $7 | +1.10% | -10.49% | -19.54% |
| PPTA | PERPETUA RESOURCES | 0.41% | $17.54 | -6.40% | -5.27% | -25.11% |
| HYMC | HYCROFT MINING HOLDING CORP CLASS | 0.19% | $15.9 | -7.18% | -8.73% | -23.89% |