SOFI Options History — July 2024

In July 2024, SOFI traded between $6.37 and $7.86. ATM implied volatility averaged 67.8%, placing in the 47.0% IV rank vs the trailing year. The 30-day expected move averaged 19.1%. IV traded above realized volatility by 31.8% (HV 20d: 36.1%). 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 2 of 22 days. Put/call ratio averaged 0.38.

Notable Days

2024-07-17: Highest Volume — 550,705 contracts
2024-07-30: Largest IV drop — 23.0% change
2024-07-29: Highest IV Rank — 60.6%
2024-07-29: Largest Expected Move — 26.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.10	$6.37	$7.86	$6.47	$7.58
Max Pain	$7.00	$7.00	$7.00	$7.00	$7.00
ATM IV	67.8%	52.5%	75.9%	58.4%	52.5%
Expected Move	19.1%	10.9%	26.9%	11.3%	16.0%
HV 20d	36.1%	30.0%	40.7%	32.4%	40.4%
HV 60d	39.3%	34.5%	42.4%	41.3%	34.9%
IV Rank	47.0%	21.0%	60.6%	31.0%	21.0%
IV Percentile	66.5%	23.4%	78.6%	40.9%	23.4%
Term Structure	-2.7%	-4.8%	2.0%	-4.8%	2.0%
VWIV	68.5%	39.9%	95.1%	41.2%	58.4%
Skew 25d	-4.4%	-7.4%	-1.6%	-3.1%	-3.8%
Skew 10d	-8.6%	-13.0%	-6.2%	-6.2%	-7.1%
Call IV 25d	72.3%	57.0%	80.7%	65.7%	57.0%
Put IV 25d	67.9%	53.2%	79.0%	62.6%	53.2%
Bid-Ask Spread %	21.56	3.67	34.38	34.38	10.20
Gamma HHI	0.15	0.10	0.43	0.12	0.16
Net GEX	6.2M	1.1M	16.8M	1.5M	10.3M
Net DEX	-265.4M	-527.7M	-76.2M	-95.5M	-380.2M
Net VEX	-3.2M	-3.7M	-2.8M	-2.8M	-3.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.38	0.19	1.13	0.38	0.27
Total Volume	260,409.045	71,903	550,705	122,380	336,225
Total OI	2,839,361.227	2,625,663	3,134,490	2,625,663	3,134,490

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
2024-07-01	$6.47	$7.00	58.4%	11.3%	32.4%	31.0%	41.2%	-3.1%	-4.8%	1.5M	-95.5M	-2.8M	0.38	34.38	88,701	33,679	1,686,144	939,519
2024-07-02	$6.47	$7.00	62.4%	11.1%	32.1%	37.7%	39.9%	-2.6%	-2.6%	1.1M	-91.4M	-2.8M	0.29	24.04	123,671	35,504	1,717,973	952,558
2024-07-03	$6.50	$7.00	64.5%	10.9%	32.1%	41.3%	40.9%	-4.1%	-2.3%	2.1M	-105.0M	-2.8M	0.25	29.28	57,503	14,400	1,751,635	966,716
2024-07-05	$6.49	$7.00	64.4%	17.9%	30.5%	41.1%	63.1%	-6.2%	-2.9%	1.9M	-100.7M	-2.9M	0.50	4.07	60,272	30,023	1,762,588	971,989
2024-07-08	$6.37	$7.00	67.3%	18.1%	30.0%	46.1%	65.4%	-4.9%	-2.4%	1.1M	-81.8M	-2.8M	0.39	3.67	100,889	39,626	1,723,996	961,346
2024-07-09	$6.37	$7.00	68.2%	18.5%	30.1%	47.6%	67.2%	-4.0%	-3.3%	1.4M	-76.2M	-2.8M	0.24	3.76	136,232	32,037	1,757,898	968,904
2024-07-10	$6.58	$7.00	66.3%	19.5%	32.6%	44.4%	68.2%	-4.9%	1.2%	4.0M	-148.3M	-2.9M	0.27	25.01	159,333	43,490	1,804,689	981,370
2024-07-11	$6.78	$7.00	70.0%	19.5%	34.6%	50.6%	68.8%	-7.4%	-2.3%	5.2M	-206.9M	-3.1M	0.22	24.97	236,415	51,934	1,830,006	989,631
2024-07-12	$6.99	$7.00	68.4%	19.1%	36.1%	48.0%	68.6%	-6.3%	-2.7%	16.8M	-277.3M	-3.2M	0.20	26.19	221,557	43,940	1,859,594	1,000,473
2024-07-15	$7.38	$7.00	69.4%	19.6%	38.8%	49.7%	70.3%	-4.8%	-3.1%	7.4M	-372.3M	-3.3M	0.19	25.25	367,197	69,875	1,806,518	983,379
2024-07-16	$7.76	$7.00	70.7%	20.1%	35.3%	51.8%	70.9%	-5.0%	-3.9%	11.8M	-489.5M	-3.5M	0.36	24.88	342,038	123,701	1,854,577	1,000,980
2024-07-17	$7.86	$7.00	74.4%	21.3%	35.1%	58.1%	75.3%	-6.1%	-3.6%	13.0M	-527.7M	-3.7M	0.63	27.11	338,110	212,595	1,918,407	1,042,799
2024-07-18	$7.56	$7.00	74.9%	21.7%	38.8%	58.9%	76.1%	-4.4%	-4.5%	10.0M	-405.3M	-3.5M	0.25	25.09	289,142	71,723	1,973,346	1,084,794
2024-07-19	$7.49	$7.00	71.2%	20.7%	38.4%	52.8%	75.2%	-5.5%	-2.2%	11.6M	-367.9M	-3.5M	0.37	25.10	124,754	46,571	1,980,704	1,086,706
2024-07-22	$7.53	$7.00	69.1%	20.6%	38.2%	49.2%	73.2%	-3.1%	-4.2%	6.9M	-331.1M	-3.4M	0.64	28.85	135,639	87,238	1,690,826	984,621
2024-07-23	$7.44	$7.00	68.5%	20.8%	37.5%	48.1%	77.1%	-1.6%	-0.9%	6.4M	-313.8M	-3.4M	0.42	23.43	80,854	33,903	1,733,770	1,036,582
2024-07-24	$7.17	$7.00	71.2%	21.9%	39.8%	52.7%	78.2%	-4.3%	-3.8%	4.0M	-242.2M	-3.3M	0.39	22.83	119,219	46,644	1,754,780	1,049,483
2024-07-25	$7.29	$7.00	74.0%	23.2%	40.0%	57.4%	85.4%	-5.5%	-3.7%	4.8M	-286.2M	-3.4M	0.22	29.62	200,915	44,894	1,770,612	1,066,643
2024-07-26	$7.42	$7.00	72.7%	23.2%	40.2%	55.2%	83.0%	-4.1%	-3.0%	4.9M	-325.6M	-3.5M	0.36	28.36	95,955	34,351	1,886,718	1,086,013
2024-07-29	$7.33	$7.00	75.9%	26.9%	40.7%	60.6%	95.1%	-1.7%	-4.8%	4.7M	-310.0M	-3.5M	1.13	11.77	253,215	286,111	1,755,984	1,058,448
2024-07-30	$7.37	$7.00	58.4%	18.8%	39.8%	31.0%	66.0%	-4.0%	-1.2%	5.6M	-304.5M	-3.3M	0.29	16.48	372,688	106,236	1,897,726	1,200,012
2024-07-31	$7.58	$7.00	52.5%	16.0%	40.4%	21.0%	58.4%	-3.8%	2.0%	10.3M	-380.2M	-3.3M	0.27	10.20	265,581	70,644	1,935,846	1,198,644