AInvestOption Pilot Program
Options/SILJ
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SILJAmplify Junior Silver Miners ETF

Options Analysis Report
AUM $4.2B|ARCX
● 2026-08-28$31.71
BULLISH
Analysis: 2026-08-27 EOD data
1Y +68.9%YTD +15.5%7D -0.9%
20,776
30D
±15.4%
10%

SILJ Options Overview

IV is elevated with bullish flow and unusual activity. No clear edge detected.

REWARDS

RISK ANALYSIS

5.5VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for premium sellers

Learn
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SILJ Gamma Walls

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Value

Is IV priced right?

5.9
ExpensiveCheap

Measures whether options are cheap, fair, or rich relative to historical and peer

levels.

Risk Checks5/9 checks passed
≤35%

IV Rank 79.4% — elevated vs history

<1.05x

IV/HV 1.09x — IV premium over HV

Sector Relative≤50%

Sector percentile 88% — above sector median

<1.1x

Front/Back 0.88x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 57.2% — normal range

<80%

Effective IV 74.5% (ATM 57.2% + spread 8.6% + bias) — fair

<3.0%

Total drag 13.19% (spread 8.64% + slippage 4.55%) — high friction

≥5.0

Vega efficiency 5.20 (vega 4.496 / spread 8.64%) — acceptable

Sentiment

Bullish or bearish?

5.8
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksBearish - Strong signal (Conviction: -20%, Raw: -14%)
|net sentiment| ≥25%

Conviction-weighted: -20% (bearish) — Raw: -14%

≥15%

|OI skew| 63.3% — call-heavy

Same sign, |vol skew| ≥10%

Vol skew +84.7%, OI skew +63.3% — aligned

≥2/3 conditions

0-DTE 27%, far-OTM 15%, avg DTE 30

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: +25%, ATM: -84%, OTM: +23% — bearish (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 5% — very bullish vs sector

Activity

Unusual activity?

3.6
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks2/8 checks passed
≥1.5x

Volume 0.5x avg — normal

≥15%

Vol/OI 3.9% — normal turnover

≥2 days

1 day(s) elevated — may be one-day event

≥5%

OI change -33.3% (5d) — unwinding

Sector Relative≥60%

Sector activity percentile 61% — active vs sector

≥30%

Large trade volume 53% — heavy institutional

≥60%

Aggressive execution 42% — patient

≥30

Conviction -20 (bearish) — mixed

Liquidity

Can I trade efficiently?

4.8
IlliquidLiquid

Evaluates

, volume depth, and open interest for trade execution quality.

Risk Checks4/8 checks passed
≤5.0%

Spread 8.6% — wide

≥10,000

OI 527,866 — deep

≥500

Volume 20,776/day — active

≤$0.50

$0.43 to cross — cheap

≥5 strikes

1 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 91% — much wider than sector

≥100 contracts

Depth 937.9000000000001 contracts (bid:523.7 ask:414.2) — deep

<1.0%

Avg slippage 4.55% — poor

Timing

Is now a good time?

7.5
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks7/9 checks passed
|slope| ≥5%

Slope -11.7% — contango

<30 or >70

IV percentile 79% — seller opportunity

≥10pts kink

IV kink -4.9pts — no clear event

<0.5 or >2.0

θ/ν ratio 163.48 — favors income trades

≥3 expirations

5 liquid expirations — flexible

≥60% (safe)

safe window: No earnings detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow -20% @ 60% consistency — unclear

≥40 composite score

Score 83 (ITM 20% + inst 53%) — HIGH institutional

Directional Strategy Fit

Option Buyers
Long Calls5.9
bullishIV fair, mixed flow
Long Puts5.4
bearishIV fair, mixed flow
Premium Sellers
Cash-Secured Put5.0
bullishIV fair, mixed flow
Covered Call4.8
bearishIV fair, mixed flow

For educational purposes only. Not investment advice.

The Options Desk tracks the move options price into every US earnings report the week of Aug 31, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.

More on SILJ

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