SOFI Options History — April 2024

In April 2024, SOFI traded between $6.78 and $7.88. ATM implied volatility averaged 75.5%, placing in the 53.4% IV rank vs the trailing year. The 30-day expected move averaged 20.9%. IV traded above realized volatility by 26.0% (HV 20d: 49.5%). Max pain ranged from $7.50 to $8.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.49.

Notable Days

2024-04-29: Highest Volume — 724,222 contracts
2024-04-29: Largest IV drop — 29.8% change
2024-04-26: Highest IV Rank — 68.0%
2024-04-26: Largest Expected Move — 26.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.37	$6.78	$7.88	$7.22	$6.78
Max Pain	$7.91	$7.50	$8.00	$7.50	$7.50
ATM IV	75.5%	55.5%	82.9%	66.9%	55.5%
Expected Move	20.9%	14.2%	26.8%	14.2%	16.2%
HV 20d	49.5%	42.5%	72.3%	72.3%	60.5%
HV 60d	68.7%	57.3%	72.1%	70.9%	61.4%
IV Rank	53.4%	13.9%	68.0%	36.3%	13.9%
IV Percentile	72.8%	12.7%	86.9%	64.7%	12.7%
Term Structure	-3.3%	-6.3%	0.8%	0.6%	0.8%
VWIV	74.3%	50.1%	93.0%	50.6%	60.0%
Skew 25d	-2.3%	-5.7%	-0.3%	-1.3%	-5.2%
Skew 10d	-3.2%	-10.9%	2.1%	-4.1%	-6.1%
Call IV 25d	78.2%	59.1%	85.8%	73.3%	59.1%
Put IV 25d	75.9%	53.9%	83.4%	72.0%	53.9%
Bid-Ask Spread %	25.42	3.58	40.17	34.80	10.04
Gamma HHI	0.13	0.10	0.30	0.12	0.11
Net GEX	3.5M	-3.0M	8.6M	2.7M	895.6K
Net DEX	-211.5M	-342.5M	-82.1M	-177.1M	-82.1M
Net VEX	-3.3M	-3.5M	-3.0M	-3.2M	-3.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.49	0.30	0.89	0.47	0.30
Total Volume	206,187.909	102,528	724,222	140,827	437,471
Total OI	2,534,201.955	2,346,618	2,819,777	2,376,202	2,819,777

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
2024-04-01	$7.22	$7.50	66.9%	14.2%	72.3%	36.3%	50.6%	-1.3%	0.6%	2.7M	-177.1M	-3.2M	0.47	34.80	96,020	44,807	1,529,065	847,137
2024-04-02	$7.17	$7.50	73.8%	14.2%	71.3%	50.0%	50.1%	-2.1%	-4.2%	2.4M	-167.1M	-3.2M	0.69	24.82	80,310	55,180	1,574,362	866,094
2024-04-03	$7.54	$7.50	76.8%	14.8%	44.2%	55.8%	51.3%	-1.3%	-2.4%	5.3M	-262.2M	-3.5M	0.34	40.17	148,974	51,335	1,588,688	892,522
2024-04-04	$7.31	$8.00	79.3%	21.2%	45.7%	60.9%	75.0%	-3.0%	-2.3%	4.4M	-207.6M	-3.3M	0.48	30.08	140,636	67,188	1,625,807	901,742
2024-04-05	$7.38	$8.00	77.8%	20.9%	45.6%	57.8%	75.6%	-3.1%	-3.7%	3.7M	-211.7M	-3.4M	0.56	29.62	77,919	43,823	1,642,138	912,999
2024-04-08	$7.75	$8.00	77.2%	21.5%	46.9%	56.6%	75.5%	-1.8%	-1.6%	6.1M	-294.1M	-3.5M	0.43	28.14	136,601	58,407	1,578,523	881,746
2024-04-09	$7.88	$8.00	76.0%	20.8%	47.1%	54.3%	73.3%	-1.6%	-2.3%	8.6M	-337.3M	-3.5M	0.44	20.77	147,211	64,369	1,617,435	881,677
2024-04-10	$7.54	$8.00	78.8%	21.8%	49.3%	59.8%	76.4%	-0.7%	-2.9%	5.5M	-248.1M	-3.4M	0.71	29.03	94,680	66,906	1,640,370	893,783
2024-04-11	$7.61	$8.00	78.6%	21.6%	49.0%	59.5%	76.2%	-1.4%	-4.6%	5.6M	-258.4M	-3.4M	0.42	28.98	85,624	35,955	1,669,351	912,028
2024-04-12	$7.36	$8.00	80.5%	22.3%	46.8%	63.3%	79.2%	-2.0%	-3.9%	3.5M	-191.5M	-3.3M	0.70	29.84	98,652	68,785	1,692,260	926,315
2024-04-15	$7.09	$8.00	81.0%	22.9%	48.9%	64.2%	81.5%	-3.5%	-3.5%	1.3M	-142.4M	-3.2M	0.47	30.14	121,694	57,455	1,633,526	902,287
2024-04-16	$7.22	$8.00	80.9%	23.1%	49.2%	64.0%	81.2%	-1.4%	-4.7%	2.0M	-170.6M	-3.2M	0.47	30.42	85,566	40,491	1,668,115	919,350
2024-04-17	$7.17	$8.00	79.8%	22.9%	48.5%	61.8%	81.3%	-3.1%	-6.1%	1.3M	-160.9M	-3.2M	0.52	22.47	67,594	34,934	1,698,154	927,953
2024-04-18	$7.13	$8.00	79.5%	23.0%	42.7%	61.3%	81.4%	-2.4%	-4.5%	309.7K	-156.6M	-3.2M	0.44	23.23	74,919	32,885	1,707,221	931,749
2024-04-19	$7.06	$8.00	80.2%	23.4%	42.5%	62.6%	83.3%	-4.0%	-5.8%	-3.0M	-146.0M	-3.1M	0.89	3.58	80,082	70,900	1,715,302	937,985
2024-04-22	$7.25	$8.00	73.0%	21.5%	43.1%	48.5%	76.6%	-0.8%	-3.7%	2.9M	-183.2M	-3.2M	0.42	25.34	95,489	39,847	1,510,964	835,654
2024-04-23	$7.58	$8.00	73.1%	22.6%	45.4%	48.6%	79.8%	-0.3%	-3.4%	5.1M	-256.5M	-3.3M	0.53	25.27	120,351	63,331	1,553,276	851,240
2024-04-24	$7.56	$8.00	76.0%	23.5%	43.6%	54.4%	82.6%	-1.9%	-4.8%	5.1M	-253.7M	-3.3M	0.50	23.92	84,078	42,180	1,581,244	872,923
2024-04-25	$7.58	$8.00	75.6%	24.0%	43.3%	53.5%	83.8%	-1.7%	-4.5%	5.2M	-264.5M	-3.4M	0.43	25.94	94,371	40,167	1,606,496	885,083
2024-04-26	$7.83	$8.00	82.9%	26.8%	44.6%	68.0%	93.0%	-2.3%	-6.3%	5.2M	-342.5M	-3.5M	0.39	26.31	334,422	130,303	1,632,317	899,614
2024-04-29	$7.04	$8.00	58.2%	17.4%	59.2%	19.1%	66.2%	-5.7%	0.8%	2.2M	-138.4M	-3.0M	0.31	16.40	554,599	169,623	1,688,555	899,616
2024-04-30	$6.78	$7.50	55.5%	16.2%	60.5%	13.9%	60.0%	-5.2%	0.8%	895.6K	-82.1M	-3.0M	0.30	10.04	336,619	100,852	1,853,279	966,498