SIL / Global X Funds - Global X Silver Miners ETF - Put/Call Ratio, Options Sentiment, Unusual Options Activity

Put/Call Ratios - Forward Looking and Historical

By looking at the put/call ratios of specific expirations, we can deduce what the options markets think of the short, medium, and long-term outlook of the company.

Expiry	DTX	Open Put Interest	Open Call Interest	Put/Call Ratio
2025-09-19	10	2,811
2025-10-17	38	5,552
2026-01-16	129	3,392
2026-03-20	192	411
2026-04-17	220	76
2027-01-15	493	911

Date	Put OI	Put OI (OTM)	Call OI	Call OI (OTM)	Put/Call Ratio	Put/Call Ratio (OTM)
2025-09-08	13,153	13,008
2025-09-05	13,094	12,908
2025-09-04	13,029	12,387
2025-09-03	12,524	12,392
2025-09-02	12,126	11,888
2025-08-29	11,716	11,371
2025-08-28	11,595	10,711
2025-08-27	11,370	10,623
2025-08-26	11,145	9,751
2025-08-25	11,021	9,670
2025-08-22	10,867	9,629
2025-08-21	10,810	9,266
2025-08-20	10,800	9,029
2025-08-19	10,442	8,570
2025-08-18	10,069	8,729
2025-08-15	13,183	11,804
2025-08-14	12,946	11,768
2025-08-13	12,868	11,788
2025-08-12	12,578	11,630
2025-08-11	12,405	11,571

Unusual Options Activity - Trade Volume

The Put/Call Ratio shows the total number of disclosed open put option positions divided by the number of open call option options. Since puts are generally a bearish bet and calls are a bullish bet, put/call ratios greater than 1 indicate a bearish sentiment, and ratios less than one indicate a bullish sentiment.

Unusual options activity (UOA) is generally considered a strong signal for a directional price movement. One metric of unusual options activity is the total volume of put or call options divided by the open interest in the same option type. If the total volume of call or put options exceeds the current open interest, then that is considered unusual and indicates a strong directional signal. In the table below, any date on which the volume of an option exceeds the current open interest is highlighted in green (for call options) or red (for put options).

For example, if, on any trading day, the call volume exceeds the current call open interest, then the Call Volume/Call OI ratio will be greater than one and that cell in the able will be highlighted in green. This would indicate a significant purchase of call options, which is a bullish signal. Likewise, if the opposite is true - the put volume exceeds the put open interest, then the table cell would be highlighted in red and represent a strong bearish signal.

Update Frequency: Daily

Date	Put Volume	Put OI	Put Volume /Put OI	Call Volume	Call OI	Call Volume /Call OI
2025-09-08	1,027	13,153		5,946	48,402
2025-09-05	557	13,094		2,474	48,461
2025-09-04	402	13,029		3,559	48,463
2025-09-03	1,170	12,524		6,446	48,056
2025-09-02	1,097	12,126		7,152	46,096
2025-08-29	816	11,716		2,782	45,869
2025-08-28	501	11,595		1,202	45,670
2025-08-27	290	11,370		668	45,514
2025-08-26	419	11,145		862	45,240
2025-08-25	500	11,021		817	44,738
2025-08-22	396	10,867		3,336	43,078
2025-08-21	346	10,810		1,128	42,693
2025-08-20	301	10,800		803	42,239
2025-08-19	811	10,442		1,208	42,196
2025-08-18	481	10,069		817	41,729
2025-08-15	512	13,183		1,679	46,417
2025-08-14	515	12,946		6,825	40,820
2025-08-13	245	12,868		1,988	40,344
2025-08-12	380	12,578		1,257	40,179
2025-08-11	549	12,405		2,831	39,643
2025-08-08	575	12,146		4,554	40,014
2025-08-07	1,162	11,409		7,590	38,079
2025-08-06	588	11,325		1,957	37,399
2025-08-05	487	11,158		2,288	36,570
2025-08-04	314	11,136		1,060	36,198

Option Premium Bought/Sold - Total Market

Update Frequency: Daily

Option Greeks - Delta, Gamma, Theta

Update Frequency: Daily

Option Trading Volume - Total Market

Update Frequency: Daily

Option Trading Volume - Exchange

Update Frequency: Daily