SOFI Options History — November 2023

In November 2023, SOFI traded between $6.63 and $8.16. ATM implied volatility averaged 58.5%, placing in the 19.6% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded below realized volatility by 7.4% (HV 20d: 65.9%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.56.

Notable Days

2023-11-16: Highest Volume — 346,747 contracts
2023-11-16: Largest IV spike — 19.0% change
2023-11-16: Highest IV Rank — 40.7%
2023-11-16: Largest Expected Move — 19.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.20	$6.63	$8.16	$7.54	$7.25
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	58.5%	54.2%	69.1%	58.7%	57.4%
Expected Move	17.1%	16.1%	19.9%	18.1%	17.3%
HV 20d	65.9%	52.8%	72.3%	52.8%	66.9%
HV 60d	53.2%	46.5%	56.4%	46.5%	56.1%
IV Rank	19.6%	11.3%	40.7%	16.9%	17.6%
IV Percentile	20.5%	6.7%	63.5%	16.7%	16.3%
Term Structure	-0.1%	-3.1%	1.2%	1.1%	0.6%
VWIV	61.4%	57.4%	68.5%	63.3%	60.4%
Skew 25d	3.8%	0.3%	6.4%	6.4%	1.3%
Skew 10d	8.1%	0.7%	14.3%	13.4%	6.6%
Call IV 25d	58.6%	52.3%	68.7%	56.6%	57.8%
Put IV 25d	62.4%	57.1%	68.9%	63.0%	59.1%
Bid-Ask Spread %	5.28	1.98	20.03	2.37	2.52
Gamma HHI	0.12	0.10	0.21	0.11	0.12
Net GEX	1.7M	-1.5M	6.8M	3.3M	2.6M
Net DEX	-131.0M	-299.9M	-26.9M	-174.4M	-163.7M
Net VEX	-1.8M	-2.0M	-1.6M	-1.8M	-2.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.56	0.27	1.13	0.63	0.64
Total Volume	178,947.286	50,095	346,747	152,980	154,145
Total OI	2,260,922.857	2,038,412	2,429,999	2,176,406	2,429,999

Daily Data (21 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
2023-11-01	$7.54	$7.50	58.7%	18.1%	52.8%	16.9%	63.3%	6.4%	1.1%	3.3M	-174.4M	-1.8M	0.63	2.37	93,852	59,128	1,310,731	865,675
2023-11-02	$8.16	$7.50	55.1%	16.6%	58.9%	13.0%	58.8%	4.4%	-0.2%	6.4M	-299.9M	-1.9M	0.49	1.98	161,267	78,902	1,321,075	885,016
2023-11-03	$8.04	$7.50	54.2%	16.6%	57.9%	11.3%	57.4%	4.8%	0.3%	6.8M	-276.9M	-1.8M	0.35	2.08	149,295	52,663	1,332,569	900,666
2023-11-06	$7.50	$7.50	56.6%	16.4%	62.1%	15.9%	58.3%	5.1%	0.8%	1.4M	-135.8M	-1.7M	0.67	2.35	121,483	81,648	1,219,699	818,713
2023-11-07	$7.39	$7.50	55.6%	16.2%	61.2%	14.1%	58.9%	5.1%	0.6%	790.9K	-120.3M	-1.7M	0.91	14.50	73,069	66,276	1,250,100	845,634
2023-11-08	$7.31	$7.50	55.3%	16.1%	60.2%	13.4%	59.8%	4.9%	0.6%	-136.4K	-96.0M	-1.7M	0.52	8.55	61,929	32,003	1,270,437	887,455
2023-11-09	$6.83	$7.50	60.7%	17.4%	63.7%	24.0%	65.5%	6.2%	0.3%	-1.5M	-26.9M	-1.6M	0.52	2.21	190,145	98,695	1,286,446	896,434
2023-11-10	$6.94	$7.50	57.6%	16.6%	63.5%	18.0%	61.2%	4.7%	1.0%	584.2K	-65.2M	-1.7M	0.38	2.17	87,061	33,490	1,367,840	922,083
2023-11-13	$7.05	$7.50	57.3%	16.4%	63.3%	17.4%	58.4%	2.8%	1.2%	521.0K	-101.0M	-1.8M	0.42	9.32	104,027	43,848	1,310,070	844,506
2023-11-14	$7.49	$7.50	57.0%	16.4%	67.8%	16.7%	59.9%	5.9%	0.0%	2.8M	-186.7M	-1.8M	0.31	2.76	135,293	42,249	1,343,583	852,838
2023-11-15	$7.38	$7.50	58.1%	16.6%	64.1%	18.8%	58.6%	1.9%	0.3%	2.5M	-166.7M	-1.8M	0.33	2.29	94,867	31,157	1,345,313	870,022
2023-11-16	$6.71	$7.50	69.1%	19.9%	72.1%	40.7%	68.5%	0.3%	-3.1%	-155.3K	-50.1M	-1.7M	1.13	2.08	162,427	184,320	1,366,522	874,412
2023-11-17	$6.83	$7.50	61.9%	17.6%	71.6%	26.4%	67.8%	4.2%	0.9%	670.1K	-58.8M	-1.9M	1.01	2.36	90,422	91,450	1,432,589	983,263
2023-11-20	$6.63	$7.50	64.5%	18.1%	72.2%	31.7%	67.8%	3.7%	-1.3%	-207.3K	-53.1M	-1.8M	0.60	7.35	143,863	87,039	1,308,595	898,113
2023-11-21	$6.70	$7.50	63.4%	18.0%	72.2%	29.4%	64.0%	4.9%	-2.7%	333.8K	-63.9M	-1.9M	0.68	20.03	118,701	80,862	1,367,274	953,300
2023-11-22	$6.89	$7.50	59.7%	16.6%	72.1%	22.1%	59.8%	3.2%	-0.9%	2.7M	-112.3M	-2.0M	0.43	2.44	123,603	53,355	1,401,516	984,401
2023-11-24	$6.88	$7.50	57.6%	16.8%	70.8%	17.9%	59.7%	3.7%	-0.2%	155.4K	-101.5M	-2.0M	0.51	16.38	33,133	16,962	1,416,781	1,006,703
2023-11-27	$7.04	$7.50	57.1%	17.0%	71.2%	16.8%	62.2%	3.1%	-0.4%	804.2K	-126.8M	-1.9M	0.49	2.29	110,275	54,508	1,340,075	988,712
2023-11-28	$7.31	$7.50	55.7%	16.5%	72.3%	14.2%	58.0%	2.2%	0.6%	2.7M	-180.8M	-2.0M	0.44	2.86	106,348	46,431	1,369,826	1,004,453
2023-11-29	$7.33	$7.50	56.5%	17.5%	66.9%	15.7%	61.7%	0.8%	-0.7%	3.2M	-190.2M	-1.9M	0.27	2.06	163,870	43,832	1,383,369	1,022,572
2023-11-30	$7.25	$7.50	57.4%	17.3%	66.9%	17.6%	60.4%	1.3%	0.6%	2.6M	-163.7M	-2.0M	0.64	2.52	94,168	59,977	1,397,925	1,032,074