SOFI Options History — August 2023

In August 2023, SOFI traded between $8.11 and $10.36. ATM implied volatility averaged 59.1%, placing in the 9.7% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded below realized volatility by 18.0% (HV 20d: 77.1%). Max pain ranged from $9.00 to $10.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.58.

Notable Days

2023-08-01: Highest Volume — 461,978 contracts
2023-08-21: Largest IV drop — 5.7% change
2023-08-02: Highest IV Rank — 22.7%
2023-08-02: Largest Expected Move — 19.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.79	$8.11	$10.36	$10.36	$8.66
Max Pain	$9.35	$9.00	$10.00	$9.00	$9.00
ATM IV	59.1%	51.8%	66.4%	65.3%	52.5%
Expected Move	16.8%	14.4%	19.7%	18.9%	14.4%
HV 20d	77.1%	37.7%	87.7%	85.5%	39.2%
HV 60d	74.6%	66.6%	78.3%	77.8%	66.6%
IV Rank	9.7%	0.0%	22.7%	20.7%	1.3%
IV Percentile	11.8%	0.0%	40.1%	33.7%	0.4%
Term Structure	-0.2%	-2.0%	1.8%	-2.0%	0.6%
VWIV	59.5%	50.7%	69.7%	68.5%	50.7%
Skew 25d	0.8%	-3.7%	3.2%	-3.7%	1.4%
Skew 10d	1.2%	-7.6%	5.7%	-7.6%	2.1%
Call IV 25d	59.9%	52.1%	69.1%	69.1%	52.9%
Put IV 25d	60.7%	53.0%	68.0%	65.4%	54.3%
Bid-Ask Spread %	2.31	1.75	4.14	2.37	2.48
Gamma HHI	0.11	0.08	0.21	0.10	0.11
Net GEX	2.8M	-383.9K	8.1M	6.3M	4.4M
Net DEX	-266.8M	-567.2M	-139.5M	-567.2M	-275.5M
Net VEX	-2.5M	-2.8M	-2.3M	-2.8M	-2.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.58	0.34	1.18	0.53	0.44
Total Volume	158,879.957	89,000	461,978	461,978	94,162
Total OI	2,208,715.261	1,907,590	2,551,864	2,441,036	2,051,019

Daily Data (23 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
2023-08-01	$10.36	$9.00	65.3%	18.9%	85.5%	20.7%	68.5%	-3.7%	-2.0%	6.3M	-567.2M	-2.8M	0.53	2.37	301,189	160,789	1,357,744	1,083,292
2023-08-02	$10.02	$9.00	66.4%	19.7%	86.7%	22.7%	69.7%	-0.3%	-1.8%	6.0M	-481.8M	-2.8M	0.42	2.25	261,708	109,326	1,410,976	1,105,738
2023-08-03	$10.00	$10.00	64.2%	18.0%	85.0%	18.5%	64.3%	0.2%	-2.0%	6.7M	-485.6M	-2.8M	0.36	2.19	123,975	44,311	1,421,641	1,111,665
2023-08-04	$9.50	$10.00	62.7%	17.7%	87.7%	15.9%	63.0%	-1.0%	-1.4%	8.1M	-357.3M	-2.6M	0.46	2.12	166,451	75,807	1,431,461	1,120,403
2023-08-07	$9.38	$10.00	61.0%	17.8%	85.0%	12.8%	61.7%	0.8%	1.4%	3.6M	-355.2M	-2.6M	0.40	2.18	124,556	49,667	1,273,092	935,665
2023-08-08	$9.38	$10.00	61.0%	17.8%	83.9%	12.7%	62.0%	0.9%	1.8%	4.0M	-359.4M	-2.6M	0.46	2.07	109,344	50,772	1,308,432	946,186
2023-08-09	$9.00	$10.00	60.8%	17.5%	85.0%	12.3%	61.7%	1.2%	0.2%	2.2M	-278.1M	-2.6M	0.43	1.98	116,371	49,470	1,323,716	966,960
2023-08-10	$8.75	$10.00	61.3%	17.5%	85.5%	13.2%	62.2%	1.2%	-0.2%	1.1M	-231.0M	-2.5M	0.64	2.16	100,788	64,228	1,339,823	971,244
2023-08-11	$8.68	$10.00	58.8%	16.6%	85.5%	8.6%	59.5%	1.1%	-0.8%	882.7K	-210.7M	-2.4M	0.56	2.05	89,628	49,971	1,354,420	994,774
2023-08-14	$8.68	$10.00	59.1%	16.9%	83.6%	9.1%	60.0%	2.4%	0.5%	802.5K	-233.8M	-2.4M	0.47	1.97	82,271	38,953	1,274,664	949,697
2023-08-15	$8.36	$9.00	60.9%	17.5%	84.1%	12.5%	61.7%	-1.1%	-1.7%	339.9K	-173.7M	-2.4M	0.51	2.35	70,670	36,078	1,303,463	958,686
2023-08-16	$8.32	$9.00	59.5%	17.1%	83.7%	9.9%	59.7%	-0.1%	-0.2%	368.7K	-172.1M	-2.4M	1.18	2.30	55,977	66,047	1,320,585	957,741
2023-08-17	$8.11	$9.00	59.8%	17.1%	83.8%	10.4%	61.1%	-0.9%	0.7%	-383.9K	-139.5M	-2.3M	0.75	2.49	101,701	76,381	1,330,291	954,768
2023-08-18	$8.21	$9.00	60.7%	17.4%	84.1%	12.1%	60.9%	0.8%	0.2%	1.8M	-174.3M	-2.4M	0.66	2.41	80,772	53,492	1,343,965	979,792
2023-08-21	$8.32	$9.00	57.3%	16.1%	84.3%	5.8%	56.8%	3.2%	-0.2%	2.0M	-196.4M	-2.3M	0.34	3.01	89,799	30,711	1,154,034	753,556
2023-08-22	$8.18	$9.00	58.8%	16.6%	84.4%	8.7%	58.5%	2.4%	-1.2%	2.3M	-183.1M	-2.3M	0.90	2.09	58,961	53,228	1,192,890	759,664
2023-08-23	$8.46	$9.00	57.6%	16.0%	85.4%	6.3%	56.7%	3.0%	-0.6%	2.8M	-223.9M	-2.4M	0.67	2.25	58,479	39,256	1,209,986	787,006
2023-08-24	$8.13	$9.00	58.1%	16.5%	84.9%	7.3%	57.6%	1.1%	-0.3%	1.7M	-168.8M	-2.3M	1.00	1.75	56,024	55,946	1,220,418	797,999
2023-08-25	$8.30	$9.00	55.1%	15.1%	82.5%	1.8%	54.3%	1.8%	0.0%	1.4M	-191.9M	-2.4M	0.47	2.12	71,930	34,138	1,227,005	811,001
2023-08-28	$8.27	$9.00	54.7%	15.2%	46.4%	1.1%	53.9%	1.3%	0.8%	1.4M	-180.2M	-2.3M	0.51	2.63	59,043	29,957	1,173,379	795,078
2023-08-29	$8.45	$9.00	53.0%	14.7%	37.7%	0.0%	52.4%	2.3%	0.4%	2.5M	-215.3M	-2.4M	0.62	1.77	71,914	44,712	1,200,691	804,217
2023-08-30	$8.71	$9.00	51.8%	14.5%	39.3%	0.0%	51.1%	0.9%	0.9%	4.2M	-281.3M	-2.4M	0.57	4.14	60,622	34,664	1,226,067	805,557
2023-08-31	$8.66	$9.00	52.5%	14.4%	39.2%	1.3%	50.7%	1.4%	0.6%	4.4M	-275.5M	-2.3M	0.44	2.48	65,436	28,726	1,238,636	812,383