SOFI Options History — January 2024

In January 2024, SOFI traded between $7.38 and $9.54. ATM implied volatility averaged 84.9%, placing in the 71.9% IV rank vs the trailing year. The 30-day expected move averaged 24.1%. IV traded above realized volatility by 9.5% (HV 20d: 75.4%). Max pain ranged from $7.50 to $8.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.59.

Notable Days

  • 2024-01-29: Highest Volume — 1,330,728 contracts
  • 2024-01-29: Largest IV drop — 33.7% change
  • 2024-01-26: Highest IV Rank — 98.6%
  • 2024-01-26: Largest Expected Move — 31.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.09$7.38$9.54$9.54$7.88
Max Pain$7.95$7.50$8.00$7.50$8.00
ATM IV84.9%61.6%98.4%83.3%61.6%
Expected Move24.1%16.9%31.5%16.9%18.3%
HV 20d75.4%60.7%98.1%60.7%98.1%
HV 60d68.5%61.8%77.4%61.8%76.8%
IV Rank71.9%25.8%98.6%68.7%25.8%
IV Percentile88.9%37.3%99.6%94.0%37.3%
Term Structure-3.9%-6.4%0.5%-3.7%-0.3%
VWIV85.4%60.6%113.8%60.6%64.8%
Skew 25d-0.9%-4.1%2.0%0.0%0.0%
Skew 10d-1.3%-8.6%4.2%0.1%0.3%
Call IV 25d87.2%62.2%104.6%87.4%62.2%
Put IV 25d86.4%62.2%100.5%87.4%62.2%
Bid-Ask Spread %9.442.0918.346.4313.68
Gamma HHI0.130.100.350.120.12
Net GEX174.3K-5.6M8.5M3.8M159.9K
Net DEX-161.4M-428.4M-32.6M-413.7M-97.4M
Net VEX-2.2M-2.5M-2.0M-2.3M-2.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.271.170.480.49
Total Volume301,617.09579,8361,330,728190,872412,652
Total OI2,394,172.7141,798,0092,649,6162,351,5332,485,364

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-01-02$9.54$7.5083.3%16.9%60.7%68.7%60.6%0.0%-3.7%3.8M-413.7M-2.3M0.486.43128,98361,8891,295,8721,055,661
2024-01-03$8.34$7.5089.9%19.6%79.3%81.9%70.8%-1.0%-2.8%-162.1K-171.5M-2.2M1.0110.50254,710257,3911,325,3151,086,143
2024-01-04$8.46$8.0085.6%22.8%79.4%73.3%81.8%-3.0%-3.9%-691.8K-195.4M-2.3M0.652.35125,42581,2681,398,7411,174,301
2024-01-05$8.23$8.0085.8%23.1%80.1%73.6%82.8%-1.7%-3.9%-1.5M-152.7M-2.3M0.692.0995,51165,4781,427,5231,186,256
2024-01-08$8.52$8.0084.9%23.1%80.9%71.9%82.1%-1.2%-2.7%-493.2K-230.5M-2.3M0.412.47105,50743,4711,358,8551,160,342
2024-01-09$8.30$8.0086.5%23.4%81.3%75.1%83.1%-1.9%-3.9%-978.1K-188.6M-2.2M0.452.3455,06524,7711,396,1591,173,248
2024-01-10$8.46$8.0086.8%23.5%81.4%75.7%82.8%-1.6%-4.6%-189.3K-224.9M-2.3M0.5216.9486,36844,9291,410,9491,182,164
2024-01-11$8.14$8.0086.3%23.6%82.5%74.8%84.4%-2.8%-4.7%-2.2M-148.4M-2.2M0.8017.18116,69992,8721,429,1831,195,605
2024-01-12$7.83$8.0086.7%23.9%71.5%75.6%84.3%-2.4%-5.0%-2.5M-79.1M-2.1M0.6010.29123,54173,5431,460,0371,189,579
2024-01-16$7.70$8.0085.5%24.3%68.1%73.1%85.7%-0.9%-3.3%-2.7M-75.7M-2.1M0.6317.5691,98957,7251,414,0471,141,593
2024-01-17$7.50$8.0087.5%25.1%68.3%77.1%86.8%2.0%-6.3%-2.4M-45.7M-2.0M0.8618.34108,72293,4111,444,1891,141,510
2024-01-18$7.38$8.0086.8%25.1%66.1%75.6%87.4%1.0%-4.8%-1.8M-32.6M-2.0M1.1718.1697,984114,2611,452,7641,112,268
2024-01-19$7.49$8.0088.8%26.0%65.1%79.7%90.8%1.0%-6.4%-5.6M-53.7M-2.1M0.4810.37134,86665,2751,482,2421,154,959
2024-01-22$7.99$8.0088.4%26.7%68.1%78.9%94.0%0.4%-3.9%1.6M-148.9M-2.2M0.3612.16242,78986,745991,294806,715
2024-01-23$7.79$8.0090.9%28.3%66.8%83.9%99.8%-0.4%-4.2%1.7M-127.9M-2.2M0.582.62122,52071,0371,061,011815,114
2024-01-24$7.58$8.0092.8%29.2%66.7%87.6%103.2%1.0%-4.6%1.4M-102.3M-2.2M0.4512.25130,10158,7571,104,974849,160
2024-01-25$7.63$8.0098.1%31.3%65.4%98.0%112.9%-0.8%-6.0%1.7M-118.3M-2.3M0.278.32187,95451,2121,151,958875,209
2024-01-26$7.61$8.0098.4%31.5%62.5%98.6%113.8%-4.1%-6.0%1.2M-126.6M-2.3M0.643.47294,706189,5961,280,571903,197
2024-01-29$9.11$8.0065.3%20.4%93.4%33.1%72.8%-1.4%0.5%8.5M-428.4M-2.5M0.432.99931,735398,9931,315,192976,641
2024-01-30$8.39$8.0063.0%19.0%97.0%28.5%68.3%-0.9%-1.5%4.9M-227.6M-2.3M0.537.66362,060191,4481,388,4521,023,270
2024-01-31$7.88$8.0061.6%18.3%98.1%25.8%64.8%0.0%-0.3%159.9K-97.4M-2.2M0.4913.68276,785135,8671,428,8721,056,492