SOFI Options History — September 2024

In September 2024, SOFI traded between $7.03 and $8.18. ATM implied volatility averaged 48.9%, placing in the 15.0% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded below realized volatility by 1.7% (HV 20d: 50.7%). Max pain ranged from $7.00 to $8.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.39.

Notable Days

2024-09-18: Highest Volume — 342,274 contracts
2024-09-30: Largest IV spike — 13.6% change
2024-09-30: Highest IV Rank — 27.7%
2024-09-06: Largest Expected Move — 15.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.68	$7.03	$8.18	$7.50	$7.84
Max Pain	$7.25	$7.00	$8.00	$7.00	$8.00
ATM IV	48.9%	43.8%	56.5%	48.4%	56.5%
Expected Move	13.9%	12.4%	15.0%	14.3%	13.3%
HV 20d	50.7%	39.6%	55.1%	53.1%	39.6%
HV 60d	47.2%	46.5%	47.9%	47.1%	47.4%
IV Rank	15.0%	6.2%	27.7%	14.1%	27.7%
IV Percentile	22.2%	9.9%	38.9%	19.8%	38.9%
Term Structure	3.1%	-1.3%	12.7%	0.3%	3.3%
VWIV	49.8%	44.9%	54.2%	50.8%	47.9%
Skew 25d	-0.1%	-2.4%	2.0%	0.6%	-1.0%
Skew 10d	1.3%	-3.9%	4.2%	4.2%	1.7%
Call IV 25d	50.5%	44.9%	60.4%	50.4%	60.4%
Put IV 25d	50.4%	44.8%	59.4%	51.0%	59.4%
Bid-Ask Spread %	8.61	5.13	23.10	16.03	6.44
Gamma HHI	0.15	0.12	0.19	0.15	0.13
Net GEX	6.7M	1.9M	11.9M	5.6M	5.9M
Net DEX	-338.6M	-488.7M	-172.8M	-288.3M	-342.9M
Net VEX	-3.2M	-3.4M	-2.9M	-3.0M	-3.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.39	0.27	0.67	0.45	0.45
Total Volume	195,765.3	104,914	342,274	194,760	143,245
Total OI	2,570,029.95	2,424,341	2,740,307	2,499,229	2,474,945

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
2024-09-03	$7.50	$7.00	48.4%	14.3%	53.1%	14.1%	50.8%	0.6%	0.3%	5.6M	-288.3M	-3.0M	0.45	16.03	134,194	60,566	1,629,290	869,939
2024-09-04	$7.46	$7.00	48.7%	15.0%	52.7%	14.5%	52.8%	-1.2%	0.7%	5.3M	-280.0M	-3.0M	0.36	6.62	90,985	33,034	1,658,114	882,040
2024-09-05	$7.30	$7.00	49.5%	14.5%	53.2%	15.9%	52.6%	-0.5%	-1.3%	4.2M	-245.2M	-3.0M	0.44	6.52	101,303	44,338	1,677,607	889,275
2024-09-06	$7.03	$7.00	52.3%	15.0%	54.1%	20.6%	54.2%	1.4%	-0.3%	1.9M	-172.8M	-2.9M	0.53	6.00	142,729	75,780	1,701,556	906,079
2024-09-09	$7.08	$7.00	51.4%	14.9%	54.1%	19.2%	53.3%	-1.5%	0.1%	3.0M	-208.8M	-2.9M	0.47	5.14	94,285	44,188	1,597,391	877,648
2024-09-10	$7.04	$7.00	51.2%	14.9%	53.5%	18.9%	52.8%	0.9%	0.8%	2.7M	-197.2M	-2.9M	0.35	5.34	131,691	45,518	1,637,671	886,840
2024-09-11	$7.31	$7.00	49.9%	14.6%	54.7%	16.6%	51.3%	-0.5%	1.5%	4.9M	-273.9M	-3.1M	0.29	5.13	116,410	33,798	1,691,433	906,165
2024-09-12	$7.46	$7.00	49.3%	14.6%	54.9%	15.6%	51.4%	-0.7%	1.8%	7.6M	-317.5M	-3.2M	0.31	6.92	109,265	33,384	1,713,112	912,812
2024-09-13	$7.72	$7.00	48.1%	14.0%	53.6%	13.5%	50.3%	0.9%	1.4%	7.1M	-395.6M	-3.2M	0.33	8.48	175,483	57,461	1,726,392	919,714
2024-09-16	$8.04	$7.00	50.3%	14.4%	55.1%	17.2%	51.6%	-0.1%	0.2%	9.6M	-463.1M	-3.3M	0.28	8.12	230,516	64,449	1,669,802	893,265
2024-09-17	$8.14	$7.00	50.6%	14.5%	50.9%	17.8%	52.2%	0.6%	-0.4%	11.1M	-488.7M	-3.3M	0.34	5.58	172,760	58,745	1,725,964	907,511
2024-09-18	$8.14	$7.00	50.0%	14.3%	50.5%	16.7%	51.0%	1.8%	-1.3%	11.1M	-479.8M	-3.3M	0.29	16.49	264,312	77,962	1,736,463	927,054
2024-09-19	$8.18	$7.00	47.4%	13.7%	50.2%	12.4%	48.8%	-0.8%	-1.0%	11.9M	-479.2M	-3.2M	0.27	5.66	213,975	57,891	1,761,522	947,851
2024-09-20	$8.11	$7.00	45.9%	13.2%	50.1%	9.8%	46.9%	2.0%	-0.7%	8.0M	-454.6M	-3.2M	0.67	6.74	151,133	101,998	1,781,371	958,936
2024-09-23	$7.94	$7.00	43.8%	12.4%	49.0%	6.2%	44.9%	-0.1%	10.9%	7.2M	-363.9M	-3.3M	0.37	23.10	133,334	48,760	1,568,331	856,010
2024-09-24	$7.83	$8.00	44.9%	12.9%	48.7%	8.1%	45.9%	0.6%	10.6%	6.1M	-331.8M	-3.2M	0.48	17.25	144,648	69,767	1,587,069	873,952
2024-09-25	$7.72	$8.00	44.1%	12.8%	48.8%	6.8%	46.1%	-2.4%	12.2%	6.0M	-316.1M	-3.3M	0.42	5.17	73,984	30,930	1,625,402	897,297
2024-09-26	$7.76	$8.00	46.8%	12.6%	46.6%	11.2%	45.5%	-1.6%	12.7%	6.1M	-318.7M	-3.3M	0.27	5.64	101,754	27,223	1,635,140	909,732
2024-09-27	$7.92	$8.00	49.7%	12.9%	39.6%	16.2%	46.1%	0.0%	11.3%	8.8M	-353.4M	-3.4M	0.48	5.73	150,977	72,531	1,660,976	918,928
2024-09-30	$7.84	$8.00	56.5%	13.3%	39.6%	27.7%	47.9%	-1.0%	3.3%	5.9M	-342.9M	-3.3M	0.45	6.44	98,564	44,681	1,579,826	895,119