SOFI Options History — April 2023

In April 2023, SOFI traded between $5.67 and $6.24. ATM implied volatility averaged 71.3%, placing in the 26.3% IV rank vs the trailing year. The 30-day expected move averaged 20.1%. IV traded above realized volatility by 27.3% (HV 20d: 44.0%). Max pain ranged from $6.00 to $6.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.43.

Notable Days

2023-04-28: Highest Volume — 222,236 contracts
2023-04-05: Largest IV spike — 14.6% change
2023-04-28: Highest IV Rank — 34.3%
2023-04-28: Largest Expected Move — 24.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.91	$5.67	$6.24	$6.01	$6.24
Max Pain	$6.00	$6.00	$6.00	$6.00	$6.00
ATM IV	71.3%	64.0%	76.4%	64.0%	76.4%
Expected Move	20.1%	16.1%	24.5%	16.1%	24.5%
HV 20d	44.0%	33.0%	61.5%	61.3%	40.1%
HV 60d	54.9%	48.1%	58.1%	57.8%	48.1%
IV Rank	26.3%	15.2%	34.3%	15.2%	34.3%
IV Percentile	40.4%	16.7%	59.9%	16.7%	59.9%
Term Structure	-1.7%	-4.0%	5.0%	4.1%	-3.9%
VWIV	72.3%	56.8%	86.9%	57.0%	86.9%
Skew 25d	5.2%	0.2%	8.9%	8.9%	2.4%
Skew 10d	10.6%	-0.7%	18.4%	16.2%	3.6%
Call IV 25d	71.8%	62.8%	77.7%	62.8%	77.7%
Put IV 25d	77.0%	71.7%	80.9%	71.7%	80.1%
Bid-Ask Spread %	2.50	1.89	3.09	3.01	2.30
Gamma HHI	0.18	0.14	0.23	0.18	0.14
Net GEX	1.6M	336.6K	3.1M	1.2M	2.0M
Net DEX	-80.9M	-136.4M	-50.2M	-86.8M	-136.4M
Net VEX	-1.2M	-1.3M	-1.2M	-1.3M	-1.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.43	0.16	1.29	0.42	0.42
Total Volume	80,116.895	49,710	222,236	82,248	222,236
Total OI	1,453,740.211	1,295,927	1,559,371	1,441,428	1,394,157

Daily Data (19 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
2023-04-03	$6.01	$6.00	64.0%	16.1%	61.3%	15.2%	57.0%	8.9%	4.1%	1.2M	-86.8M	-1.3M	0.42	3.01	57,943	24,305	844,401	597,027
2023-04-04	$5.88	$6.00	64.5%	16.2%	61.1%	16.0%	56.8%	8.2%	5.0%	1.2M	-72.9M	-1.2M	0.47	1.89	40,210	18,723	869,008	606,162
2023-04-05	$5.74	$6.00	73.9%	16.6%	61.5%	30.5%	57.6%	7.2%	-0.3%	523.6K	-50.2M	-1.2M	0.52	2.33	56,239	29,370	876,853	611,982
2023-04-06	$5.78	$6.00	70.6%	19.5%	58.0%	25.4%	70.7%	6.4%	-0.9%	336.6K	-55.9M	-1.2M	0.46	2.96	43,267	19,778	894,928	624,640
2023-04-10	$5.91	$6.00	73.4%	20.1%	44.2%	29.7%	73.8%	6.7%	-2.5%	867.0K	-75.4M	-1.2M	0.33	2.75	37,624	12,260	851,728	574,274
2023-04-11	$5.96	$6.00	72.6%	20.2%	44.3%	28.4%	74.9%	6.7%	-1.8%	1.4M	-88.9M	-1.2M	0.62	2.81	38,621	24,067	867,875	578,719
2023-04-12	$5.84	$6.00	72.4%	20.5%	45.0%	28.1%	73.2%	5.0%	-0.7%	928.6K	-67.4M	-1.2M	0.24	2.30	61,707	14,855	876,839	593,111
2023-04-13	$5.86	$6.00	75.2%	20.5%	44.4%	32.4%	74.4%	4.0%	-3.9%	1.2M	-72.8M	-1.2M	0.28	2.24	41,480	11,753	898,466	598,101
2023-04-14	$5.92	$6.00	72.8%	20.4%	44.4%	28.7%	72.2%	5.9%	-2.3%	1.3M	-72.7M	-1.2M	0.25	2.83	48,855	12,417	910,913	602,172
2023-04-17	$5.96	$6.00	73.3%	20.8%	44.4%	29.5%	74.1%	7.3%	-3.0%	2.3M	-94.4M	-1.2M	0.68	3.09	49,708	33,828	889,164	575,179
2023-04-18	$5.97	$6.00	70.4%	20.0%	39.5%	25.0%	76.8%	7.0%	-2.1%	2.7M	-96.0M	-1.2M	1.29	2.39	27,704	35,800	903,625	592,118
2023-04-19	$6.08	$6.00	70.7%	20.3%	33.9%	25.6%	71.9%	7.8%	-3.0%	3.1M	-109.5M	-1.2M	0.38	2.15	57,362	21,710	912,693	618,890
2023-04-20	$5.89	$6.00	70.4%	20.3%	36.2%	25.1%	72.4%	4.2%	-3.0%	2.8M	-82.8M	-1.2M	0.16	2.40	61,988	9,839	932,278	611,520
2023-04-21	$5.92	$6.00	69.9%	20.2%	34.7%	24.3%	74.0%	1.8%	-2.2%	1.5M	-82.0M	-1.2M	0.38	2.45	36,103	13,607	944,572	614,799
2023-04-24	$5.83	$6.00	66.3%	19.2%	35.2%	18.7%	68.0%	4.0%	-1.9%	1.3M	-67.6M	-1.2M	0.27	2.47	64,750	17,583	806,403	489,524
2023-04-25	$5.78	$6.00	71.0%	21.7%	35.2%	25.9%	76.3%	3.2%	-3.0%	1.3M	-63.5M	-1.2M	0.36	2.83	53,710	19,295	827,377	501,458
2023-04-26	$5.67	$6.00	73.7%	22.5%	33.0%	30.2%	81.1%	1.5%	-3.6%	1.0M	-54.2M	-1.2M	0.49	2.04	41,102	19,966	845,771	509,650
2023-04-27	$6.08	$6.00	72.2%	22.6%	39.4%	27.7%	81.4%	0.2%	-4.0%	2.3M	-108.0M	-1.2M	0.21	2.22	117,249	25,207	854,120	520,567
2023-04-28	$6.24	$6.00	76.4%	24.5%	40.1%	34.3%	86.9%	2.4%	-3.9%	2.0M	-136.4M	-1.3M	0.42	2.30	157,032	65,204	870,542	523,615