SOFI Options History — July 2023

In July 2023, SOFI traded between $8.09 and $11.39. ATM implied volatility averaged 80.7%, placing in the 49.2% IV rank vs the trailing year. The 30-day expected move averaged 22.9%. IV traded above realized volatility by 24.6% (HV 20d: 56.1%). Max pain ranged from $7.50 to $8.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.45.

Notable Days

  • 2023-07-31: Highest Volume — 1,168,708 contracts
  • 2023-07-31: Largest IV drop — 24.8% change
  • 2023-07-28: Highest IV Rank — 63.5%
  • 2023-07-28: Largest Expected Move — 27.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.21$8.09$11.39$8.50$11.39
Max Pain$7.95$7.50$8.00$7.50$8.00
ATM IV80.7%66.6%88.5%73.0%66.6%
Expected Move22.9%17.8%27.7%18.1%20.1%
HV 20d56.1%41.7%76.1%68.1%76.1%
HV 60d74.9%66.6%76.6%74.3%74.6%
IV Rank49.2%23.0%63.5%34.9%23.0%
IV Percentile81.4%39.7%92.5%62.7%39.7%
Term Structure-3.2%-5.2%-1.4%-1.7%-1.9%
VWIV81.5%64.5%98.1%65.9%71.1%
Skew 25d-2.0%-6.1%1.5%-4.9%-1.1%
Skew 10d-3.8%-9.8%2.5%-4.2%-1.4%
Call IV 25d83.4%67.9%91.6%78.6%67.9%
Put IV 25d81.4%66.8%91.1%73.7%66.8%
Bid-Ask Spread %2.492.083.283.072.55
Gamma HHI0.140.100.220.130.10
Net GEX5.3M597.3K8.7M3.5M8.7M
Net DEX-490.6M-836.3M-295.8M-397.5M-836.3M
Net VEX-2.6M-2.8M-2.3M-2.4M-2.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.210.890.470.46
Total Volume270,492.999,1401,168,708145,0861,168,708
Total OI2,302,946.92,002,7792,556,0422,170,5342,230,508

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-07-03$8.50$7.5073.0%18.1%68.1%34.9%65.9%-4.9%-1.7%3.5M-397.5M-2.4M0.473.0799,00946,0771,298,461872,073
2023-07-05$8.43$7.5074.2%17.8%68.0%37.0%64.5%-2.3%-1.8%3.2M-373.1M-2.3M0.463.28108,58450,0461,327,999893,155
2023-07-06$8.11$8.0078.6%21.4%67.8%45.2%76.5%-1.7%-3.1%989.9K-295.8M-2.3M0.712.76145,473102,7081,351,207917,969
2023-07-07$8.09$8.0076.7%20.8%67.6%41.8%74.5%-5.8%-3.3%597.3K-297.3M-2.4M0.462.6698,39744,8711,390,122956,736
2023-07-10$8.66$8.0077.4%21.5%69.8%42.9%75.7%1.5%-1.4%4.2M-419.5M-2.4M0.372.13160,89459,0371,305,802907,384
2023-07-11$9.02$8.0080.3%22.2%71.1%48.3%78.3%-0.4%-2.0%6.7M-514.6M-2.6M0.592.08212,838125,7171,360,124932,064
2023-07-12$9.20$8.0080.5%22.0%57.7%48.6%77.5%-0.7%-3.9%7.4M-552.8M-2.6M0.262.27159,02040,9241,386,1941,008,602
2023-07-13$9.18$8.0082.7%23.0%56.3%52.7%81.1%-2.0%-3.2%7.7M-544.5M-2.6M0.692.18154,172106,1481,413,7471,022,955
2023-07-14$9.07$8.0082.2%22.6%55.4%51.7%81.6%-1.8%-4.8%5.8M-522.9M-2.6M0.472.27147,21969,7211,434,7221,083,209
2023-07-17$9.50$8.0087.7%24.8%57.6%61.9%87.1%-0.6%-5.2%6.6M-590.8M-2.7M0.332.60252,15282,6341,354,3391,044,459
2023-07-18$9.61$8.0086.8%24.7%45.5%60.3%87.0%-0.8%-5.1%7.6M-616.0M-2.7M0.212.44136,14928,4111,395,8631,072,693
2023-07-19$9.75$8.0086.7%24.9%45.3%60.2%87.9%-2.6%-3.9%8.7M-659.1M-2.8M0.272.17209,38556,7831,421,1891,078,991
2023-07-20$9.52$8.0087.3%25.3%46.6%61.2%89.0%-4.5%-5.0%6.8M-588.7M-2.7M0.452.13151,14367,3311,423,1471,091,264
2023-07-21$9.41$8.0080.4%23.2%46.5%48.5%85.5%-6.1%-1.7%4.0M-553.5M-2.7M0.522.32122,17263,2111,436,5231,119,519
2023-07-24$9.43$8.0077.2%22.8%43.8%42.6%81.5%-1.4%-2.3%4.3M-410.2M-2.7M0.442.22106,98746,6261,156,654846,125
2023-07-25$9.36$8.0081.4%24.7%44.1%50.4%87.5%-2.3%-3.3%4.2M-404.4M-2.7M0.282.55114,34732,2271,184,612860,914
2023-07-26$9.48$8.0081.5%24.7%41.7%50.5%86.8%0.9%-3.2%4.7M-424.0M-2.7M0.262.5878,77620,3641,203,689921,804
2023-07-27$9.04$8.0085.4%26.2%45.1%57.8%92.7%-1.9%-3.1%2.8M-348.9M-2.6M0.462.47156,76772,4221,222,318926,365
2023-07-28$9.55$8.0088.5%27.7%48.1%63.5%98.1%-0.4%-4.4%8.2M-462.7M-2.7M0.893.13271,573240,8351,258,961946,476
2023-07-31$11.39$8.0066.6%20.1%76.1%23.0%71.1%-1.1%-1.9%8.7M-836.3M-2.7M0.462.55802,623366,0851,258,373972,135