SOFI Options History — December 2023

In December 2023, SOFI traded between $7.86 and $10.36. ATM implied volatility averaged 62.4%, placing in the 27.4% IV rank vs the trailing year. The 30-day expected move averaged 17.8%. IV traded above realized volatility by 2.0% (HV 20d: 60.4%). Max pain ranged from $6.00 to $7.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.43.

Notable Days

2023-12-14: Highest Volume — 665,398 contracts
2023-12-20: Largest IV spike — 6.7% change
2023-12-29: Highest IV Rank — 37.3%
2023-12-20: Largest Expected Move — 19.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$9.01	$7.86	$10.36	$7.86	$9.96
Max Pain	$7.28	$6.00	$7.50	$7.50	$7.50
ATM IV	62.4%	58.0%	67.4%	58.0%	67.4%
Expected Move	17.8%	16.2%	19.2%	17.6%	16.2%
HV 20d	60.4%	52.4%	67.3%	67.2%	62.3%
HV 60d	60.5%	57.5%	63.0%	58.6%	61.2%
IV Rank	27.4%	18.6%	37.3%	18.6%	37.3%
IV Percentile	41.5%	19.8%	63.5%	19.8%	63.5%
Term Structure	4.3%	-1.5%	22.0%	0.4%	22.0%
VWIV	64.3%	59.3%	70.9%	62.7%	59.3%
Skew 25d	-1.0%	-4.1%	2.2%	-0.9%	-1.2%
Skew 10d	-2.0%	-9.2%	3.2%	2.6%	0.4%
Call IV 25d	64.6%	59.2%	69.9%	59.2%	62.1%
Put IV 25d	63.6%	58.3%	69.6%	58.3%	60.9%
Bid-Ask Spread %	7.96	2.12	16.25	7.22	10.79
Gamma HHI	0.15	0.11	0.31	0.11	0.31
Net GEX	6.8M	3.9M	11.2M	4.0M	11.2M
Net DEX	-450.9M	-644.4M	-264.2M	-302.4M	-523.6M
Net VEX	-2.3M	-2.5M	-2.1M	-2.1M	-2.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.43	0.22	0.78	0.32	0.47
Total Volume	261,455.25	120,453	665,398	378,829	220,625
Total OI	2,468,954.15	2,217,901	2,688,984	2,454,225	2,478,638

Daily Data (20 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
2023-12-01	$7.86	$7.50	58.0%	17.6%	67.2%	18.6%	62.7%	-0.9%	0.4%	4.0M	-302.4M	-2.1M	0.32	7.22	287,022	91,807	1,428,068	1,026,157
2023-12-04	$7.97	$6.00	61.2%	18.2%	67.3%	25.0%	66.3%	0.4%	1.8%	4.7M	-303.9M	-2.1M	0.26	2.19	221,716	58,684	1,390,337	1,010,959
2023-12-05	$7.97	$6.00	60.5%	18.0%	62.1%	23.6%	65.4%	0.1%	1.0%	5.7M	-312.8M	-2.1M	0.34	2.41	89,668	30,785	1,450,298	1,027,433
2023-12-06	$7.92	$6.00	62.6%	18.5%	61.9%	27.8%	66.5%	0.4%	1.5%	5.7M	-302.8M	-2.1M	0.42	2.48	250,592	105,982	1,467,765	1,034,758
2023-12-07	$7.97	$7.50	61.8%	18.3%	61.6%	26.2%	65.3%	0.3%	1.6%	5.5M	-294.2M	-2.2M	0.25	8.46	110,038	27,633	1,483,879	1,091,547
2023-12-08	$8.14	$7.50	60.2%	18.0%	55.6%	23.1%	63.9%	2.2%	1.2%	4.6M	-339.3M	-2.2M	0.54	2.12	104,703	56,630	1,497,300	1,097,083
2023-12-11	$8.04	$7.50	59.4%	17.6%	56.0%	21.5%	63.0%	1.0%	1.4%	4.1M	-287.9M	-2.1M	0.34	8.40	99,007	34,125	1,427,204	1,058,264
2023-12-12	$7.95	$7.50	60.1%	17.3%	56.3%	22.8%	60.6%	0.4%	-0.2%	3.9M	-264.2M	-2.1M	0.78	8.53	88,528	68,737	1,460,768	1,064,875
2023-12-13	$8.93	$7.50	60.9%	17.3%	66.1%	24.5%	61.8%	-1.3%	-1.1%	9.3M	-497.9M	-2.2M	0.22	16.25	285,814	62,491	1,474,429	1,104,752
2023-12-14	$9.41	$7.50	62.2%	17.9%	67.2%	26.9%	65.1%	-4.1%	0.5%	10.3M	-618.7M	-2.3M	0.41	7.92	472,647	192,751	1,502,441	1,118,368
2023-12-15	$9.32	$7.50	63.8%	18.0%	54.8%	30.2%	65.5%	-3.8%	-1.5%	5.8M	-581.8M	-2.3M	0.36	14.98	181,370	65,860	1,533,416	1,155,568
2023-12-18	$9.66	$7.50	61.8%	17.8%	55.2%	26.1%	64.1%	-2.7%	-0.1%	7.3M	-535.1M	-2.3M	0.59	6.60	227,113	134,273	1,274,670	943,231
2023-12-19	$9.93	$7.50	62.8%	18.0%	52.4%	28.3%	64.9%	-2.7%	1.3%	8.5M	-590.6M	-2.3M	0.50	9.99	219,499	109,950	1,316,979	979,718
2023-12-20	$9.32	$7.50	67.0%	19.2%	60.2%	36.6%	70.9%	-0.3%	0.6%	5.3M	-443.5M	-2.4M	0.64	11.00	244,690	155,968	1,350,487	1,007,777
2023-12-21	$9.61	$7.50	65.1%	18.6%	60.3%	32.8%	67.2%	-2.1%	1.0%	7.5M	-503.0M	-2.5M	0.46	2.57	107,800	49,560	1,385,907	1,076,383
2023-12-22	$9.68	$7.50	62.8%	17.9%	60.0%	28.2%	64.1%	-1.3%	1.1%	5.5M	-516.5M	-2.5M	0.33	14.07	113,096	37,403	1,398,061	1,090,877
2023-12-26	$9.96	$7.50	63.7%	18.0%	60.1%	30.0%	64.2%	-1.1%	17.1%	7.4M	-550.4M	-2.4M	0.41	14.07	112,368	46,377	1,293,184	1,037,237
2023-12-27	$10.36	$7.50	62.2%	17.4%	60.2%	27.0%	63.2%	-1.7%	16.7%	9.6M	-644.4M	-2.4M	0.44	6.47	226,146	99,966	1,327,199	1,057,470
2023-12-28	$10.27	$7.50	64.5%	16.8%	60.7%	31.5%	61.8%	-2.2%	19.6%	9.1M	-604.4M	-2.5M	0.44	2.60	95,612	42,069	1,356,626	1,098,970
2023-12-29	$9.96	$7.50	67.4%	16.2%	62.3%	37.3%	59.3%	-1.2%	22.0%	11.2M	-523.6M	-2.5M	0.47	10.79	150,239	70,386	1,364,037	1,114,601