SOFI Options History — August 2024

In August 2024, SOFI traded between $6.38 and $8.04. ATM implied volatility averaged 48.5%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded below realized volatility by 3.1% (HV 20d: 51.6%). Max pain ranged from $7.00 to $7.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.43.

Notable Days

2024-08-29: Highest Volume — 582,366 contracts
2024-08-05: Largest IV spike — 15.3% change
2024-08-05: Highest IV Rank — 44.6%
2024-08-02: Largest Expected Move — 18.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.08	$6.38	$8.04	$7.11	$7.96
Max Pain	$7.00	$7.00	$7.00	$7.00	$7.00
ATM IV	48.5%	41.8%	66.4%	54.7%	45.0%
Expected Move	14.1%	12.1%	18.5%	16.9%	12.8%
HV 20d	51.6%	44.7%	55.2%	47.8%	47.5%
HV 60d	40.9%	36.9%	45.6%	36.9%	45.4%
IV Rank	14.3%	2.9%	44.6%	24.8%	8.3%
IV Percentile	19.4%	3.2%	69.0%	27.8%	14.3%
Term Structure	0.2%	-2.6%	2.6%	-2.6%	0.0%
VWIV	50.7%	43.1%	66.9%	61.6%	46.8%
Skew 25d	0.1%	-3.6%	4.2%	-3.6%	-0.3%
Skew 10d	-0.6%	-7.4%	7.4%	-7.1%	-2.0%
Call IV 25d	50.3%	43.6%	64.0%	58.7%	47.5%
Put IV 25d	50.4%	42.8%	68.1%	55.1%	47.2%
Bid-Ask Spread %	12.45	3.59	25.88	10.38	25.88
Gamma HHI	0.17	0.10	0.36	0.16	0.29
Net GEX	4.6M	-798.6K	13.0M	1.0M	13.0M
Net DEX	-225.6M	-472.2M	-44.3M	-203.9M	-415.6M
Net VEX	-3.0M	-3.3M	-2.8M	-3.2M	-3.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.43	0.18	1.27	0.41	0.41
Total Volume	194,549.182	77,414	582,366	208,546	252,053
Total OI	2,709,238.5	2,351,779	3,196,039	3,175,170	2,603,293

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
2024-08-01	$7.11	$7.00	54.7%	16.9%	47.8%	24.8%	61.6%	-3.6%	-2.6%	1.0M	-203.9M	-3.2M	0.41	10.38	148,364	60,182	1,960,901	1,214,269
2024-08-02	$6.62	$7.00	57.6%	18.5%	54.9%	29.6%	66.9%	-3.0%	-1.6%	1.2M	-44.3M	-2.9M	0.56	13.82	192,904	107,802	1,980,972	1,215,067
2024-08-05	$6.56	$7.00	66.4%	18.5%	54.6%	44.6%	66.0%	4.2%	-0.7%	1.1M	-92.8M	-2.9M	1.27	20.94	211,661	268,721	1,731,682	989,975
2024-08-06	$6.46	$7.00	58.3%	16.9%	54.9%	30.9%	59.0%	3.0%	-2.1%	-197.8K	-70.9M	-2.9M	0.46	11.24	105,915	48,197	1,787,677	1,087,711
2024-08-07	$6.38	$7.00	59.2%	16.9%	53.7%	32.4%	59.8%	0.6%	0.5%	-798.6K	-55.6M	-2.9M	0.44	11.44	105,614	46,920	1,812,785	1,093,695
2024-08-08	$6.63	$7.00	54.6%	15.5%	54.5%	24.5%	55.1%	0.8%	-0.6%	542.4K	-109.3M	-2.9M	0.24	5.73	100,107	23,651	1,823,744	1,099,185
2024-08-09	$6.63	$7.00	50.5%	14.8%	53.2%	17.7%	53.9%	-0.6%	0.2%	9.2K	-120.2M	-2.9M	0.37	3.59	69,728	25,518	1,836,467	1,099,825
2024-08-12	$6.50	$7.00	48.4%	14.5%	49.0%	14.1%	52.0%	1.4%	2.3%	-796.8K	-86.3M	-2.8M	0.37	6.31	95,768	35,834	1,711,353	1,061,780
2024-08-13	$6.61	$7.00	47.2%	13.9%	45.2%	12.1%	49.6%	1.3%	1.1%	392.6K	-106.4M	-2.8M	0.28	4.29	68,024	18,988	1,744,599	1,059,653
2024-08-14	$6.62	$7.00	45.3%	13.0%	44.7%	8.7%	47.7%	-0.2%	0.8%	1.6M	-115.9M	-2.8M	0.66	14.33	60,885	40,099	1,762,718	1,062,434
2024-08-15	$6.95	$7.00	41.8%	12.6%	47.5%	2.9%	45.7%	2.6%	2.1%	4.9M	-200.2M	-2.9M	0.33	6.72	127,910	42,646	1,777,703	1,064,181
2024-08-16	$7.00	$7.00	42.2%	12.6%	47.6%	3.5%	46.3%	-0.9%	2.6%	10.4M	-230.0M	-2.9M	0.29	4.05	129,277	37,309	1,806,862	1,053,089
2024-08-19	$7.46	$7.00	42.6%	12.3%	53.2%	4.3%	43.1%	-0.1%	-0.5%	6.4M	-328.7M	-3.1M	0.34	4.10	201,874	68,026	1,524,907	826,872
2024-08-20	$7.36	$7.00	43.0%	12.3%	53.3%	4.9%	44.6%	-0.2%	0.1%	7.5M	-315.7M	-3.0M	0.42	5.99	84,420	35,166	1,596,486	845,580
2024-08-21	$7.29	$7.00	44.1%	12.6%	51.6%	6.7%	45.7%	-1.6%	0.3%	7.4M	-297.5M	-3.0M	0.47	16.29	80,798	37,959	1,609,696	858,277
2024-08-22	$7.20	$7.00	44.2%	12.6%	51.5%	6.9%	44.5%	-0.9%	0.3%	7.1M	-275.3M	-3.0M	0.37	15.64	56,499	20,915	1,626,497	868,831
2024-08-23	$7.51	$7.00	42.1%	12.1%	53.3%	3.5%	43.4%	-0.9%	0.2%	6.1M	-346.6M	-3.1M	0.18	21.35	195,158	35,427	1,634,873	875,307
2024-08-26	$7.69	$7.00	43.5%	12.3%	53.7%	5.7%	43.8%	-0.6%	0.7%	8.1M	-365.2M	-3.1M	0.31	21.71	152,256	47,627	1,570,068	845,314
2024-08-27	$7.79	$7.00	44.2%	12.7%	53.8%	7.0%	45.2%	-0.5%	0.6%	9.1M	-397.6M	-3.2M	0.37	16.70	95,522	35,768	1,609,956	859,311
2024-08-28	$7.49	$7.00	46.3%	13.2%	54.9%	10.5%	47.2%	1.4%	0.5%	6.7M	-312.1M	-3.1M	0.53	20.97	82,311	43,913	1,627,358	870,685
2024-08-29	$8.04	$7.00	46.4%	13.6%	55.2%	10.6%	48.6%	-0.5%	-0.0%	11.5M	-472.2M	-3.3M	0.36	12.48	427,997	154,369	1,639,840	871,769
2024-08-30	$7.96	$7.00	45.0%	12.8%	47.5%	8.3%	46.8%	-0.3%	0.0%	13.0M	-415.6M	-3.2M	0.41	25.88	178,568	73,485	1,687,589	915,704