SOFI Options History — February 2024

In February 2024, SOFI traded between $7.58 and $9.14. ATM implied volatility averaged 58.2%, placing in the 19.0% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded below realized volatility by 24.0% (HV 20d: 82.2%). Max pain ranged from $8.00 to $8.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.40.

Notable Days

2024-02-27: Highest Volume — 499,476 contracts
2024-02-12: Largest IV spike — 5.1% change
2024-02-13: Highest IV Rank — 25.0%
2024-02-13: Largest Expected Move — 17.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.24	$7.58	$9.14	$7.71	$8.98
Max Pain	$8.00	$8.00	$8.00	$8.00	$8.00
ATM IV	58.2%	54.6%	61.2%	59.2%	56.8%
Expected Move	16.8%	15.4%	17.5%	17.5%	16.4%
HV 20d	82.2%	50.3%	88.2%	86.6%	50.3%
HV 60d	74.1%	72.5%	76.9%	76.9%	72.7%
IV Rank	19.0%	12.0%	25.0%	21.1%	16.3%
IV Percentile	21.8%	7.9%	38.5%	26.2%	14.3%
Term Structure	-0.2%	-2.4%	2.2%	0.6%	-0.6%
VWIV	59.5%	55.9%	62.1%	62.1%	57.7%
Skew 25d	-0.6%	-2.5%	1.2%	-0.5%	-2.4%
Skew 10d	0.3%	-4.2%	7.0%	-0.8%	-1.4%
Call IV 25d	59.3%	56.1%	62.7%	60.8%	58.5%
Put IV 25d	58.7%	53.6%	62.1%	60.4%	56.1%
Bid-Ask Spread %	4.24	1.81	12.62	2.12	12.62
Gamma HHI	0.14	0.11	0.19	0.15	0.18
Net GEX	4.3M	-2.0M	9.4M	-2.0M	9.4M
Net DEX	-221.3M	-412.9M	-60.6M	-60.6M	-376.7M
Net VEX	-2.4M	-2.9M	-2.2M	-2.2M	-2.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.40	0.25	0.60	0.51	0.39
Total Volume	201,850.75	108,107	499,476	307,201	134,934
Total OI	2,155,932.1	1,857,390	2,606,071	2,543,034	2,164,038

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
2024-02-01	$7.71	$8.00	59.2%	17.5%	86.6%	21.1%	62.1%	-0.5%	0.6%	-2.0M	-60.6M	-2.2M	0.51	2.12	203,312	103,889	1,465,269	1,077,765
2024-02-02	$7.87	$8.00	57.7%	17.1%	86.8%	18.2%	61.2%	-1.1%	0.9%	842.4K	-110.6M	-2.3M	0.39	2.17	163,695	63,404	1,517,539	1,088,532
2024-02-05	$7.58	$8.00	59.9%	17.2%	87.2%	22.5%	61.6%	-0.3%	0.0%	-493.7K	-77.4M	-2.2M	0.34	1.81	149,164	50,068	1,186,506	924,436
2024-02-06	$7.75	$8.00	59.6%	17.2%	86.6%	21.9%	61.0%	-0.3%	0.0%	950.0K	-120.7M	-2.3M	0.34	2.92	137,440	46,584	1,232,280	936,373
2024-02-07	$7.67	$8.00	57.6%	16.8%	86.3%	18.0%	60.1%	0.9%	0.4%	799.7K	-103.4M	-2.3M	0.41	1.87	95,804	39,223	1,264,181	947,572
2024-02-08	$8.05	$8.00	57.8%	16.9%	87.9%	18.2%	60.1%	-0.3%	2.2%	4.7M	-200.4M	-2.4M	0.25	2.14	192,189	48,595	1,285,566	959,230
2024-02-09	$8.11	$8.00	56.3%	16.2%	86.9%	15.4%	58.0%	-0.9%	0.1%	3.5M	-224.1M	-2.4M	0.39	3.08	132,880	52,099	1,318,141	965,466
2024-02-12	$8.34	$8.00	59.2%	17.0%	86.2%	21.1%	60.3%	0.3%	-0.0%	5.1M	-252.3M	-2.4M	0.37	3.33	157,811	58,963	1,219,550	920,717
2024-02-13	$8.00	$8.00	61.2%	17.5%	87.4%	25.0%	62.0%	-0.6%	-0.6%	3.1M	-174.9M	-2.4M	0.45	3.02	150,519	67,878	1,250,844	939,779
2024-02-14	$8.39	$8.00	59.0%	16.9%	88.2%	20.7%	59.7%	1.2%	-0.7%	6.9M	-265.8M	-2.4M	0.29	10.69	155,053	44,524	1,281,399	954,104
2024-02-15	$8.50	$8.00	59.3%	17.0%	87.8%	21.3%	60.6%	0.3%	-1.2%	8.6M	-296.0M	-2.5M	0.39	2.62	105,457	41,212	1,300,284	954,547
2024-02-16	$8.41	$8.00	58.5%	16.8%	88.0%	19.8%	59.4%	-1.3%	-1.0%	4.7M	-262.4M	-2.4M	0.60	6.13	105,317	63,615	1,309,428	963,841
2024-02-20	$8.48	$8.00	59.1%	17.0%	85.2%	20.9%	59.7%	-0.1%	-0.1%	5.5M	-258.8M	-2.4M	0.43	2.75	106,284	45,922	1,106,723	750,667
2024-02-21	$8.14	$8.00	58.7%	16.9%	86.1%	20.0%	60.3%	-1.0%	-0.6%	4.0M	-192.5M	-2.4M	0.53	2.53	75,360	40,208	1,149,222	767,342
2024-02-22	$8.18	$8.00	56.2%	16.1%	85.4%	15.1%	57.6%	-1.7%	-0.6%	3.8M	-198.9M	-2.4M	0.34	3.43	80,608	27,499	1,163,224	784,385
2024-02-23	$8.16	$8.00	54.6%	15.4%	85.4%	12.0%	55.9%	-2.5%	0.7%	3.2M	-207.9M	-2.4M	0.44	8.43	98,609	43,345	1,186,942	793,475
2024-02-26	$8.55	$8.00	56.7%	16.3%	86.7%	16.1%	57.1%	-0.5%	-0.0%	5.4M	-269.8M	-2.5M	0.31	3.50	201,269	62,650	1,118,616	765,334
2024-02-27	$9.14	$8.00	57.5%	16.7%	62.5%	17.7%	58.3%	-0.7%	-2.4%	9.4M	-412.9M	-2.7M	0.30	6.70	383,647	115,829	1,192,355	776,158
2024-02-28	$8.86	$8.00	58.5%	16.6%	55.9%	19.6%	58.3%	-1.4%	-2.1%	8.9M	-360.4M	-2.9M	0.50	2.95	128,186	63,970	1,315,903	820,909
2024-02-29	$8.98	$8.00	56.8%	16.4%	50.3%	16.3%	57.7%	-2.4%	-0.6%	9.4M	-376.7M	-2.8M	0.39	12.62	96,918	38,016	1,322,229	841,809