SOFI Options History — January 2023

In January 2023, SOFI traded between $4.49 and $6.89. ATM implied volatility averaged 74.6%, placing in the 23.2% IV rank vs the trailing year. The 30-day expected move averaged 21.8%. IV traded above realized volatility by 27.4% (HV 20d: 47.2%). Max pain ranged from $5.00 to $6.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.48.

Notable Days

2023-01-30: Highest Volume — 774,307 contracts
2023-01-30: Largest IV drop — 15.6% change
2023-01-19: Highest IV Rank — 33.6%
2023-01-26: Largest Expected Move — 25.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.47	$4.49	$6.89	$4.49	$6.89
Max Pain	$5.05	$5.00	$6.00	$5.00	$6.00
ATM IV	74.6%	58.9%	80.8%	69.4%	58.9%
Expected Move	21.8%	17.9%	25.7%	18.9%	17.9%
HV 20d	47.2%	43.1%	56.2%	45.5%	55.3%
HV 60d	62.2%	60.0%	64.5%	62.9%	60.0%
IV Rank	23.2%	0.0%	33.6%	14.0%	0.0%
IV Percentile	33.5%	0.0%	49.6%	17.1%	0.0%
Term Structure	-1.9%	-6.2%	1.1%	-2.8%	-1.0%
VWIV	76.4%	64.1%	89.7%	67.5%	64.1%
Skew 25d	5.5%	0.7%	10.0%	0.7%	3.7%
Skew 10d	11.4%	-0.9%	18.8%	1.2%	9.6%
Call IV 25d	73.0%	57.5%	79.6%	69.5%	57.5%
Put IV 25d	78.5%	61.1%	87.1%	70.2%	61.1%
Bid-Ask Spread %	2.88	1.43	4.79	1.43	3.32
Gamma HHI	0.20	0.13	0.43	0.15	0.23
Net GEX	2.0M	803.1K	4.7M	837.6K	4.4M
Net DEX	-91.5M	-238.9M	2.1M	2.1M	-238.9M
Net VEX	-1.1M	-1.4M	-928.0K	-928.0K	-1.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.48	0.25	0.75	0.36	0.51
Total Volume	162,742.85	55,860	774,307	101,636	225,469
Total OI	1,544,332.7	1,138,569	1,795,059	1,618,384	1,447,260

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2023-01-03	$4.49	$5.00	69.4%	18.9%	45.5%	14.0%	67.5%	0.7%	-2.8%	837.6K	2.1M	-928.0K	0.36	1.43	74,710	26,926	1,189,998	428,386
2023-01-04	$4.71	$5.00	67.6%	18.4%	46.0%	10.9%	64.2%	3.5%	-1.2%	1.5M	-27.7M	-998.9K	0.50	2.01	93,870	46,721	1,220,759	436,956
2023-01-05	$4.64	$5.00	76.8%	21.4%	44.7%	26.8%	74.9%	0.7%	-2.8%	869.4K	-16.4M	-977.5K	0.70	3.09	32,946	22,914	1,233,632	465,619
2023-01-06	$4.64	$5.00	75.9%	20.5%	44.6%	25.3%	69.3%	3.6%	-3.3%	803.1K	-18.9M	-946.7K	0.75	3.08	52,560	39,390	1,244,235	462,067
2023-01-09	$4.83	$5.00	75.3%	21.1%	46.2%	24.3%	74.4%	5.7%	-1.5%	1.2M	-24.8M	-995.3K	0.47	3.63	101,513	48,060	1,199,035	437,490
2023-01-10	$5.09	$5.00	76.5%	21.7%	48.7%	26.2%	76.1%	5.7%	1.1%	1.7M	-54.1M	-1.0M	0.61	4.79	103,191	63,018	1,217,424	457,050
2023-01-11	$5.13	$5.00	78.1%	21.9%	48.3%	29.0%	76.2%	6.3%	-1.2%	1.7M	-59.7M	-1.1M	0.46	2.93	69,179	31,866	1,243,911	488,548
2023-01-12	$5.33	$5.00	76.8%	22.1%	49.3%	26.7%	77.9%	6.0%	0.3%	2.2M	-89.7M	-1.1M	0.36	3.05	123,723	44,251	1,261,425	497,546
2023-01-13	$5.45	$5.00	75.4%	21.6%	46.9%	24.3%	72.6%	7.2%	0.8%	3.9M	-105.6M	-1.1M	0.25	2.68	127,817	31,948	1,288,512	506,547
2023-01-17	$5.67	$5.00	73.7%	20.8%	47.9%	21.4%	74.8%	6.1%	0.6%	2.6M	-119.2M	-1.2M	0.38	3.40	120,076	45,314	1,231,727	467,518
2023-01-18	$5.56	$5.00	74.1%	21.2%	49.1%	22.1%	76.8%	5.9%	0.6%	2.2M	-96.6M	-1.1M	0.71	3.09	62,752	44,260	1,244,843	478,553
2023-01-19	$5.44	$5.00	80.8%	23.4%	44.5%	33.6%	79.5%	7.9%	-6.2%	1.4M	-82.2M	-1.1M	0.42	2.20	83,863	34,951	1,247,888	475,201
2023-01-20	$5.70	$5.00	79.7%	23.1%	45.2%	31.8%	81.5%	8.5%	-2.8%	1.3M	-116.2M	-1.2M	0.60	3.35	87,022	51,909	1,256,973	489,001
2023-01-23	$5.88	$5.00	74.1%	22.2%	45.7%	22.1%	78.9%	10.0%	-2.8%	1.6M	-113.0M	-1.2M	0.35	2.33	87,603	30,812	733,791	404,778
2023-01-24	$5.76	$5.00	75.6%	23.4%	46.3%	24.7%	82.3%	4.4%	-3.7%	1.6M	-106.9M	-1.2M	0.43	2.39	59,860	25,965	764,589	417,662
2023-01-25	$5.81	$5.00	77.2%	24.5%	46.3%	27.5%	86.6%	7.8%	-3.3%	1.8M	-111.7M	-1.2M	0.47	2.60	49,934	23,623	781,902	428,358
2023-01-26	$5.71	$5.00	79.4%	25.7%	43.1%	31.3%	87.0%	8.1%	-3.3%	1.3M	-101.0M	-1.2M	0.36	2.78	52,074	18,800	793,153	434,452
2023-01-27	$5.97	$5.00	79.4%	25.6%	44.1%	31.3%	89.7%	4.9%	-3.3%	4.7M	-131.6M	-1.2M	0.58	2.66	153,155	88,505	810,262	441,235
2023-01-30	$6.71	$5.00	67.0%	21.0%	56.2%	9.9%	74.5%	3.2%	-2.7%	3.0M	-218.4M	-1.3M	0.35	2.88	573,560	200,747	812,371	445,997
2023-01-31	$6.89	$6.00	58.9%	17.9%	55.3%	0.0%	64.1%	3.7%	-1.0%	4.4M	-238.9M	-1.4M	0.51	3.32	149,527	75,942	916,226	531,034