SOFI Options History — October 2023

In October 2023, SOFI traded between $6.84 and $8.59. ATM implied volatility averaged 81.1%, placing in the 54.6% IV rank vs the trailing year. The 30-day expected move averaged 23.2%. IV traded above realized volatility by 29.0% (HV 20d: 52.1%). Max pain ranged from $7.00 to $8.50. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.63.

Notable Days

2023-10-30: Highest Volume — 422,361 contracts
2023-10-30: Largest IV drop — 30.2% change
2023-10-26: Highest IV Rank — 84.6%
2023-10-26: Largest Expected Move — 31.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.68	$6.84	$8.59	$7.80	$7.50
Max Pain	$7.95	$7.00	$8.50	$8.50	$7.50
ATM IV	81.1%	62.0%	99.1%	69.0%	62.0%
Expected Move	23.2%	17.4%	31.3%	17.4%	18.9%
HV 20d	52.1%	42.4%	56.9%	42.4%	53.6%
HV 60d	56.3%	43.5%	61.9%	59.9%	46.5%
IV Rank	54.6%	22.5%	84.6%	34.2%	22.5%
IV Percentile	83.8%	29.0%	99.6%	59.5%	29.0%
Term Structure	-2.8%	-7.2%	0.0%	-0.8%	-0.1%
VWIV	82.2%	62.5%	110.1%	62.5%	73.9%
Skew 25d	4.3%	1.4%	7.5%	3.4%	5.9%
Skew 10d	6.4%	0.6%	12.0%	0.6%	10.3%
Call IV 25d	80.8%	59.8%	96.3%	72.4%	59.8%
Put IV 25d	85.1%	65.7%	103.5%	75.8%	65.7%
Bid-Ask Spread %	5.72	2.05	17.61	2.83	2.91
Gamma HHI	0.11	0.09	0.16	0.10	0.09
Net GEX	1.6M	-1.2M	5.1M	703.2K	2.6M
Net DEX	-153.4M	-312.8M	-54.2M	-131.7M	-167.5M
Net VEX	-2.0M	-2.2M	-1.7M	-2.1M	-1.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.63	0.27	2.30	0.35	1.27
Total Volume	152,647.591	76,196	422,361	87,326	375,000
Total OI	2,129,073.5	1,829,635	2,280,001	2,120,351	2,125,876

Daily Data (22 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
2023-10-02	$7.80	$8.50	69.0%	17.4%	42.4%	34.2%	62.5%	3.4%	-0.8%	703.2K	-131.7M	-2.1M	0.35	2.83	64,868	22,458	1,253,456	866,895
2023-10-03	$7.26	$8.50	76.5%	19.1%	48.3%	46.8%	67.6%	1.4%	-0.5%	-286.2K	-54.2M	-2.0M	0.89	2.42	108,575	96,227	1,279,045	875,047
2023-10-04	$7.46	$8.00	79.3%	17.6%	49.3%	51.6%	63.3%	4.9%	-2.2%	99.6K	-82.8M	-2.1M	0.37	2.13	74,219	27,734	1,308,463	882,708
2023-10-05	$7.69	$7.00	80.9%	21.5%	50.9%	54.1%	77.1%	4.2%	-3.8%	1.0M	-130.2M	-2.1M	0.34	10.70	58,624	19,906	1,318,585	878,248
2023-10-06	$7.97	$8.00	77.4%	21.1%	52.9%	48.3%	74.4%	2.4%	-2.4%	4.6M	-187.2M	-2.2M	0.31	2.44	93,526	28,961	1,329,783	881,171
2023-10-09	$8.18	$8.00	79.1%	22.1%	52.0%	51.2%	77.1%	3.5%	-1.0%	2.3M	-217.6M	-2.2M	0.32	2.54	72,527	23,326	1,297,228	864,395
2023-10-10	$8.39	$8.00	77.1%	21.8%	52.8%	47.8%	77.1%	2.3%	-0.9%	3.9M	-271.3M	-2.2M	0.39	2.57	81,048	31,302	1,320,504	871,712
2023-10-11	$8.59	$8.00	76.9%	21.5%	53.2%	47.5%	76.3%	2.0%	-1.5%	5.1M	-312.8M	-2.2M	0.46	2.26	70,506	32,198	1,334,325	878,029
2023-10-12	$8.43	$8.00	78.8%	22.1%	52.3%	50.6%	76.4%	1.9%	-1.8%	4.3M	-276.5M	-2.2M	0.32	2.29	76,351	24,204	1,342,440	886,448
2023-10-13	$8.11	$8.00	81.0%	22.6%	53.7%	54.3%	79.1%	3.4%	-3.3%	1.6M	-209.9M	-2.1M	0.40	2.76	64,750	25,966	1,350,767	888,477
2023-10-16	$8.27	$8.00	78.6%	22.3%	53.3%	50.3%	77.7%	3.6%	-3.9%	2.5M	-233.8M	-2.1M	0.27	17.61	59,915	16,281	1,306,815	867,532
2023-10-17	$8.23	$8.00	79.7%	22.7%	53.3%	52.2%	81.6%	3.2%	-3.7%	2.6M	-234.5M	-2.1M	0.97	10.31	51,492	49,890	1,330,262	871,094
2023-10-18	$7.71	$8.00	83.7%	24.0%	56.9%	58.8%	84.1%	4.0%	-4.0%	-617.7K	-130.8M	-1.9M	0.39	10.71	84,406	32,588	1,345,504	874,401
2023-10-19	$7.64	$8.00	86.0%	24.9%	53.4%	62.7%	87.8%	4.2%	-4.0%	-1.2M	-118.9M	-2.0M	1.53	2.30	71,538	109,503	1,368,172	882,462
2023-10-20	$7.36	$8.00	92.3%	27.2%	52.2%	73.2%	93.7%	4.8%	-7.2%	1.4M	-69.5M	-1.9M	0.68	2.05	79,165	53,893	1,383,167	896,834
2023-10-23	$7.29	$8.00	88.4%	26.7%	52.2%	66.8%	97.3%	5.3%	-2.7%	1.3M	-117.3M	-1.9M	0.47	2.89	83,293	38,952	1,163,864	665,771
2023-10-24	$7.37	$8.00	88.0%	27.1%	52.3%	66.0%	94.8%	7.5%	-3.4%	1.7M	-131.6M	-1.9M	0.40	12.16	59,988	23,954	1,195,602	684,933
2023-10-25	$7.11	$8.00	89.5%	27.4%	53.3%	68.5%	96.0%	7.1%	-4.4%	1.2M	-98.3M	-1.8M	0.28	7.53	75,322	20,859	1,214,824	690,918
2023-10-26	$6.84	$8.00	99.1%	31.3%	53.8%	84.6%	110.1%	7.2%	-5.3%	962.8K	-78.6M	-1.8M	2.30	3.32	100,330	230,581	1,234,564	693,223
2023-10-27	$6.88	$8.00	95.3%	30.6%	52.1%	78.3%	108.4%	6.6%	-5.6%	304.8K	-61.1M	-1.8M	0.90	12.04	116,774	104,886	1,256,905	812,221
2023-10-30	$6.95	$7.50	66.5%	20.4%	52.0%	30.1%	72.2%	5.7%	0.0%	-795.2K	-59.7M	-1.7M	0.36	9.09	310,101	112,260	1,238,172	828,775
2023-10-31	$7.50	$7.50	62.0%	18.9%	53.6%	22.5%	73.9%	5.9%	-0.1%	2.6M	-167.5M	-1.8M	1.27	2.91	165,295	209,705	1,293,482	832,394