iShares Silver Trust (SLV)
iShares Silver Trust Max Pain By Strike
SLV trades at $34.56, pinned near the near-term max pain of $34.5 expiring Aug 22, 2025 (1 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($25-$36), indicating stable market expectations. Key magnetic zone at 32 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
iShares Silver Trust Max Pain By Expiry
Max pain for SLV shows stable levels around 31.89, reflecting balanced market expectations. The 34% spread signals divergent expectations across timeframes. Most levels below 34.56 may cap rallies. Strong magnetic level at 32 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 22, 2025 | 34.5 | -0.06 (-0.19%) |
| Aug 25, 2025 | 34.5 | -0.06 (-0.19%) |
| Aug 27, 2025 | 34.5 | -0.06 (-0.19%) |
| Aug 29, 2025 | 34.5 | -0.06 (-0.19%) |
| Sep 3, 2025 | 34 | -0.56 (-1.63%) |
| Sep 5, 2025 | 34 | -0.56 (-1.63%) |
| Sep 12, 2025 | 34 | -0.56 (-1.63%) |
| Sep 19, 2025 | 31 | -3.56 (-10.31%) |
| Sep 26, 2025 | 34 | -0.56 (-1.63%) |
| Sep 30, 2025 | 30 | -4.56 (-13.21%) |
| Oct 17, 2025 | 32 | -2.56 (-7.42%) |
| Nov 21, 2025 | 29 | -5.56 (-16.10%) |
| Dec 19, 2025 | 31.5 | -3.06 (-8.87%) |
| Dec 31, 2025 | 31 | -3.56 (-10.31%) |
| Jan 16, 2026 | 28 | -6.56 (-18.99%) |
| Mar 20, 2026 | 32.5 | -2.06 (-5.97%) |
| Mar 31, 2026 | 32 | -2.56 (-7.42%) |
| Apr 17, 2026 | 36 | 1.44 (4.15%) |
| Jun 18, 2026 | 30.5 | -4.06 (-11.76%) |
| Jun 30, 2026 | 32 | -2.56 (-7.42%) |
| Sep 18, 2026 | 30 | -4.56 (-13.21%) |
| Jan 15, 2027 | 29 | -5.56 (-16.10%) |
| Jun 17, 2027 | 25 | -9.56 (-27.67%) |