SLV Covered Calls: Premium Income for iShares Silver Trust

SLV tracks the price of silver. Higher volatility than gold creates larger covered call premiums.

What SLV shares could pay in covered call premium

SLV tracks the price of silver. Higher volatility than gold creates larger covered call premiums.

Covered Call Pro ranks live SLV call options by premium-per-day — strike, expiry, premium, and annualized yield — with illiquid chains filtered out. Run the live screener to see today's numbers.

SLV covered call FAQ

How much premium does a SLV covered call pay?

Premiums change daily with iShares Silver Trust's stock price and implied volatility. The Covered Call Pro screener ranks live SLV strikes by premium-per-day so you can see exactly what your shares could pay right now.

Do I need 100 shares of SLV to sell a covered call?

Yes. One options contract covers 100 shares, so selling one covered call on SLV requires owning at least 100 shares. If you own fewer, the position would not be "covered."

What is the risk of selling covered calls on SLV?

The main trade-off is capped upside: if iShares Silver Trust rises above your strike price by expiration, your shares can be called away at the strike. You keep the premium either way, but you give up gains beyond the strike. You also keep full downside exposure to the stock itself. This page is educational information, not investment advice.

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Educational information only — not investment advice. Options involve risk, including capped upside and full downside exposure to the underlying stock.