Stock Traders Purchase High Volume of iShares Silver Trust Call Options (NYSEARCA:SLV)
iShares Silver Trust (NYSEARCA:SLV) saw some unusual options trading on Wednesday. Stock traders purchased 45,543 call options on the stock. This is an increase of 184% compared to the typical volume of 16,016 call options.
Shares of iShares Silver Trust (NYSEARCA SLV) traded up 1.41% during midday trading on Friday, hitting $15.08. The company had a trading volume of 7,841,837 shares. iShares Silver Trust has a 1-year low of $14.44 and a 1-year high of $19.71. The stock has a 50 day moving average price of $16.03 and a 200 day moving average price of $16.31.
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About iShares Silver Trust
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. The assets of the Trust consist of silver held by the Trust’s custodian on behalf of the Trust.
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