SOFI Options History — May 2024

In May 2024, SOFI traded between $6.83 and $7.46. ATM implied volatility averaged 44.5%, placing in the 4.5% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded below realized volatility by 5.3% (HV 20d: 49.9%). Max pain ranged from $7.00 to $7.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.38.

Notable Days

  • 2024-05-14: Highest Volume — 548,324 contracts
  • 2024-05-13: Largest IV spike — 10.7% change
  • 2024-05-14: Highest IV Rank — 13.2%
  • 2024-05-01: Largest Expected Move — 15.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.04$6.83$7.46$6.96$6.86
Max Pain$7.00$7.00$7.00$7.00$7.00
ATM IV44.5%40.1%52.2%52.2%43.8%
Expected Move12.8%11.5%15.2%15.2%11.8%
HV 20d49.9%30.7%58.3%58.3%30.7%
HV 60d58.0%45.2%61.3%61.3%45.2%
IV Rank4.5%0.0%13.2%7.3%6.2%
IV Percentile1.8%0.0%6.3%6.3%3.2%
Term Structure0.8%-1.9%2.9%0.8%2.9%
VWIV46.3%41.2%55.3%55.3%41.2%
Skew 25d-3.0%-6.5%0.9%-6.5%-1.2%
Skew 10d-5.0%-9.7%11.7%-8.9%-3.5%
Call IV 25d47.1%42.0%57.3%57.3%44.4%
Put IV 25d44.1%39.4%50.8%50.8%43.1%
Bid-Ask Spread %15.774.0227.4014.0219.46
Gamma HHI0.120.090.160.100.10
Net GEX3.3M952.9K8.2M2.6M2.0M
Net DEX-155.7M-288.4M-98.5M-141.6M-106.3M
Net VEX-3.0M-3.2M-2.9M-3.1M-2.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.210.670.350.65
Total Volume184,363.45584,762548,324314,507111,892
Total OI2,657,208.0912,476,0482,904,3992,896,8502,640,004

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$6.96$7.0052.2%15.2%58.3%7.3%55.3%-6.5%0.8%2.6M-141.6M-3.1M0.3514.02232,70481,8031,907,406989,444
2024-05-02$6.97$7.0050.9%14.4%57.4%4.6%52.3%-2.5%1.8%1.6M-138.1M-3.0M0.2816.92136,53338,4371,906,940983,623
2024-05-03$6.92$7.0049.1%13.8%57.3%1.2%50.6%-2.8%0.1%2.6M-108.2M-3.0M0.3410.40193,89965,2541,924,695979,704
2024-05-06$7.14$7.0045.3%13.7%55.5%0.0%48.8%-0.5%1.8%3.9M-184.9M-3.1M0.3114.56198,91462,1451,671,351873,814
2024-05-07$7.08$7.0043.9%13.0%54.9%0.0%46.5%-0.6%1.6%4.0M-167.0M-3.0M0.594.02101,99160,6281,701,977875,210
2024-05-08$7.06$7.0044.1%12.9%53.0%0.3%45.9%0.9%0.1%3.3M-160.5M-3.0M0.4911.7881,30740,1391,717,203902,015
2024-05-09$7.04$7.0041.7%12.3%52.8%0.0%45.6%-1.6%1.1%2.2M-152.1M-3.0M0.3215.5166,16721,3851,730,506916,238
2024-05-10$6.95$7.0040.1%12.2%51.8%0.0%43.4%-2.2%1.2%952.9K-118.6M-2.9M0.3912.25109,01842,1281,729,940923,980
2024-05-13$7.12$7.0044.4%12.8%50.9%7.2%47.8%-3.2%-0.0%3.0M-169.8M-2.9M0.2313.05248,14457,0131,661,859893,247
2024-05-14$7.46$7.0047.9%13.8%53.2%13.2%51.6%-3.2%-0.4%8.2M-288.4M-3.2M0.2114.17451,46896,8561,747,206898,736
2024-05-15$7.29$7.0047.4%13.2%53.8%12.3%48.0%-4.1%-1.9%7.3M-228.0M-3.1M0.5913.08136,01179,8991,833,378908,980
2024-05-16$7.13$7.0043.9%12.7%54.4%6.5%46.9%-4.4%-0.1%3.7M-181.0M-3.1M0.3116.40106,23432,9491,850,953948,700
2024-05-17$7.28$7.0043.8%12.5%54.8%6.2%46.4%-3.5%-0.2%4.9M-225.1M-3.1M0.3211.90131,97342,0311,871,814955,215
2024-05-20$7.20$7.0041.4%11.9%54.1%2.2%43.7%-4.2%1.4%4.5M-186.2M-3.0M0.3425.77100,83434,0951,598,343877,705
2024-05-21$7.08$7.0041.2%11.8%51.7%1.9%43.0%-3.1%1.4%3.9M-160.5M-3.0M0.4116.0983,03534,2141,639,621888,256
2024-05-22$7.01$7.0041.9%12.0%51.8%3.0%43.6%-4.2%0.8%3.0M-142.2M-2.9M0.6712.1485,00957,1831,655,117900,741
2024-05-23$6.83$7.0045.1%12.9%52.3%8.4%45.1%-4.5%0.9%1.8M-98.5M-2.9M0.4527.40126,30557,3981,663,297919,261
2024-05-24$6.94$7.0040.8%11.5%51.0%1.1%42.2%-5.4%2.5%2.6M-120.5M-3.0M0.3017.1979,30723,4551,706,484934,417
2024-05-28$6.89$7.0042.2%12.1%34.7%3.5%43.3%-2.9%1.6%1.9M-118.4M-2.9M0.2418.03115,08427,5981,615,633910,481
2024-05-29$6.83$7.0044.3%11.8%32.1%7.1%42.9%-2.6%0.9%2.2M-106.6M-2.9M0.3121.1092,14928,6461,668,744920,956
2024-05-30$6.88$7.0044.4%12.2%30.7%7.2%43.8%-3.0%-0.6%3.2M-122.7M-2.9M0.2221.6269,51915,2431,686,666928,718
2024-05-31$6.86$7.0043.8%11.8%30.7%6.2%41.2%-1.2%2.9%2.0M-106.3M-2.9M0.6519.4667,93843,9541,708,264931,740