Every number here is computed from the traded SLV options chain. The call wall is where dealer hedging accumulates above spot, the put wall is its mirror below, and the gamma flip is the level where hedging switches from running against the move to running with it.
SLV closed at $47.16 on Nov 4, 2026. Price was 2.63% above the gamma flip at $45.95.
The call wall is at $50.00. The put wall is at $47.00. Above the flip, dealer hedging acts against price moves.
Computed
Orange: negative gamma zone.Blue: positive gamma zone.
A read of structure from open-interest levels, not a directional forecast. The complete gamma exposure guide
The last recorded price. Every distance on this page is measured from it.
The largest cluster of call gamma. It often acts as a ceiling that slows a rally.
Read the explainerThe largest cluster of put gamma. It often acts as a floor that slows a decline.
Read the explainerWhere net gamma changes sign. Above it moves tend to calm, below it they tend to speed up.
Read the explainerLast completed session, from the Finviro engine close archive · today's session levels refresh every five minutes inside the platform.
iShares Silver Trust is an exchange-traded fund, listed since 2006, with about $24.84B in assets. The fund's price follows what it holds, so it moves with its basket, not with one company.
The iShares Silver Trust is designed to broadly replicate the market price movements of silver. This Trust operates outside the regulatory framework of the 1940 Investment Company Act, meaning it is not subject to the same stringent rules that govern registered mutual funds or ETFs. Furthermore, it does not qualify as a commodity pool under the Commodity Exchange Act. Prospective investors are urged to thoroughly…
Its beta is 1.26: the fund usually moves more than the broad market, with wider swings up and down.
On the price was $47.12, below its 50-day simple average (DMA-50 at $55.13) by 15%, and below its 200-day average (DMA-200 at $63.86) by 26%. Price is below both averages: the medium- and long-term trend is down.
A fund does not publish earnings and revenue statements like a company, so its numbers are read from its assets and its price.
These numbers describe the fund's size and nature and change slowly, while gamma levels describe how the fund moves within the session.
At the Nov 4, 2026 close, SLV closed at $47.16: 5.68% below the call wall and 0.34% above the put wall. The gap between the two walls was 6.36% of the price. The close sat 2.63% above the gamma flip.
Over the last 52 weeks, SLV traded between $42.51 (Nov 4, 2025) and $109.83 (Jan 29, 2026). The last close of $47.16 on Nov 4, 2026 is 57.06% below the high and 10.94% above the low.
Over three months SLV underperformed SPY by 15.33 percentage points.
Closing prices from completed daily candles. A description of what happened, not a forecast.
Live walls, gamma flip, regime, options chain and archive for SLV are for members.
