SOFI Options History — June 2023

In June 2023, SOFI traded between $6.76 and $9.75. ATM implied volatility averaged 69.3%, placing in the 28.1% IV rank vs the trailing year. The 30-day expected move averaged 19.5%. IV traded below realized volatility by 10.8% (HV 20d: 80.1%). Max pain ranged from $5.50 to $7.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.51.

Notable Days

  • 2023-06-14: Highest Volume — 806,814 contracts
  • 2023-06-14: Largest IV spike — 14.6% change
  • 2023-06-14: Highest IV Rank — 62.8%
  • 2023-06-14: Largest Expected Move — 23.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.38$6.76$9.75$6.76$8.41
Max Pain$6.26$5.50$7.00$5.50$7.00
ATM IV69.3%63.4%88.1%70.1%70.5%
Expected Move19.5%17.5%23.3%22.3%19.1%
HV 20d80.1%68.9%88.1%81.6%69.1%
HV 60d72.8%68.9%74.8%72.3%74.5%
IV Rank28.1%17.1%62.8%29.5%30.2%
IV Percentile44.7%23.0%91.7%46.0%54.0%
Term Structure0.7%-7.2%10.9%-4.7%10.9%
VWIV70.8%63.4%86.1%79.6%70.3%
Skew 25d-2.8%-6.5%0.3%-5.0%-5.3%
Skew 10d-5.2%-13.2%3.2%-6.1%-13.2%
Call IV 25d73.1%65.5%95.2%73.5%73.3%
Put IV 25d70.3%63.6%88.7%68.5%68.0%
Bid-Ask Spread %2.942.059.059.052.58
Gamma HHI0.150.100.320.190.13
Net GEX5.2M1.7M8.5M5.7M3.4M
Net DEX-481.1M-800.1M-311.9M-311.9M-354.6M
Net VEX-2.3M-2.7M-1.7M-1.7M-2.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.320.980.320.63
Total Volume378,114131,962806,814451,129579,495
Total OI2,143,061.6671,729,1032,574,0821,769,6962,427,150

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-06-01$6.76$5.5070.1%22.3%81.6%29.5%79.6%-5.0%-4.7%5.7M-311.9M-1.7M0.329.05342,104109,0251,189,587580,109
2023-06-02$7.05$6.0065.7%20.2%81.8%21.5%72.3%-0.9%-3.5%7.8M-370.9M-1.7M0.322.62219,40969,5071,218,954629,766
2023-06-05$7.25$5.5066.0%18.4%80.7%21.8%66.0%-1.0%-1.2%5.3M-346.3M-1.7M0.333.22238,38279,1791,120,258608,845
2023-06-06$7.64$5.5063.4%17.5%80.3%17.1%63.4%-0.8%-0.0%7.2M-425.0M-1.8M0.352.33228,77180,6471,172,550633,347
2023-06-07$7.75$5.5064.4%17.8%79.8%18.9%64.1%0.3%-0.1%7.2M-443.3M-1.8M0.353.06167,15357,8161,190,144661,248
2023-06-08$8.13$5.5064.1%18.2%80.5%18.5%65.1%-2.0%0.2%8.5M-519.4M-1.9M0.452.05213,16596,3441,217,865690,196
2023-06-09$8.16$6.0068.2%18.8%74.3%25.9%68.6%-4.3%-1.8%5.1M-520.0M-2.1M0.352.33348,434123,3691,273,173758,819
2023-06-12$9.18$6.0073.8%20.3%79.1%36.4%74.4%-1.7%-1.4%7.0M-691.1M-2.3M0.413.13463,114191,4041,300,360724,987
2023-06-13$9.50$6.0076.9%20.9%72.6%42.0%74.0%-0.5%-3.6%7.5M-754.4M-2.5M0.462.26361,389166,6351,382,439814,448
2023-06-14$9.75$6.0088.1%23.3%71.7%62.8%86.1%-6.5%-7.2%7.7M-800.1M-2.6M0.432.99562,688244,1261,424,027883,293
2023-06-15$9.52$6.0080.9%21.7%74.7%49.5%78.4%-6.5%-6.4%7.4M-743.9M-2.7M0.532.71310,778163,3131,506,369977,216
2023-06-16$8.66$6.0077.5%21.2%87.3%43.2%76.7%-5.9%-5.0%3.5M-520.7M-2.6M0.442.24371,245163,9441,539,2931,034,789
2023-06-20$8.59$7.0069.1%19.7%86.0%27.6%72.3%-3.5%1.6%2.9M-416.1M-2.5M0.982.45163,505160,5791,326,675859,964
2023-06-21$8.64$6.5066.1%19.0%85.0%22.2%69.5%-1.4%0.6%2.7M-431.8M-2.5M0.532.75101,67754,3151,367,390937,721
2023-06-22$8.52$6.5063.6%18.1%85.8%17.4%67.6%-3.9%1.7%2.1M-406.6M-2.5M0.423.5792,80139,1611,383,253937,643
2023-06-23$8.21$7.0063.4%18.0%88.1%17.2%65.8%-1.3%2.1%1.7M-325.6M-2.4M0.862.55178,807154,0171,385,793941,297
2023-06-26$8.25$7.0063.7%18.1%87.3%17.8%65.4%-2.9%9.6%1.9M-351.1M-2.3M0.712.38109,32777,2951,279,729828,906
2023-06-27$8.63$7.0064.0%17.8%87.5%18.2%64.4%-1.0%6.7%3.6M-433.8M-2.4M0.542.48120,91465,0471,319,629872,612
2023-06-28$8.82$7.0066.6%19.4%81.0%23.0%69.8%-3.1%8.6%5.3M-491.4M-2.4M0.382.31226,67785,3901,357,306897,347
2023-06-29$8.64$7.0069.9%20.4%68.9%29.1%72.4%-1.8%7.1%5.1M-445.1M-2.5M0.832.78196,027163,4191,427,754922,044
2023-06-30$8.41$7.0070.5%19.1%69.1%30.2%70.3%-5.3%10.9%3.4M-354.6M-2.4M0.632.58354,971224,5241,470,305956,845