SOFI Options History — January 2025

In January 2025, SOFI traded between $14.04 and $17.96. ATM implied volatility averaged 74.1%, placing in the 59.5% IV rank vs the trailing year. The 30-day expected move averaged 20.3%. IV traded above realized volatility by 6.8% (HV 20d: 67.3%). Max pain ranged from $10.00 to $17.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.45.

Notable Days

2025-01-27: Highest Volume — 689,582 contracts
2025-01-27: Largest IV drop — 19.3% change
2025-01-07: Highest IV Rank — 70.2%
2025-01-23: Largest Expected Move — 23.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$15.82	$14.04	$17.96	$14.23	$15.77
Max Pain	$14.95	$10.00	$17.00	$10.00	$16.00
ATM IV	74.1%	57.2%	81.0%	79.8%	57.7%
Expected Move	20.3%	16.6%	23.2%	18.5%	16.6%
HV 20d	67.3%	61.6%	76.0%	61.6%	73.0%
HV 60d	59.8%	57.1%	64.3%	58.9%	60.8%
IV Rank	59.5%	29.3%	70.2%	68.1%	41.1%
IV Percentile	80.9%	43.3%	95.6%	90.5%	45.6%
Term Structure	-2.3%	-5.3%	1.7%	-0.8%	-0.0%
VWIV	72.0%	59.2%	81.5%	65.1%	59.3%
Skew 25d	-2.8%	-4.9%	-0.1%	-0.3%	-0.1%
Skew 10d	-5.5%	-12.3%	33.9%	-2.5%	-2.8%
Call IV 25d	76.5%	58.7%	84.3%	79.0%	58.7%
Put IV 25d	73.7%	57.8%	79.8%	78.7%	58.6%
Bid-Ask Spread %	14.82	3.55	31.98	9.64	27.13
Gamma HHI	0.13	0.08	0.31	0.09	0.09
Net GEX	15.0M	4.0M	28.9M	9.5M	11.3M
Net DEX	-1.39B	-1.91B	-1.05B	-1.11B	-1.05B
Net VEX	-6.4M	-6.8M	-6.0M	-6.0M	-6.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.45	0.26	0.81	0.46	0.81
Total Volume	341,716.85	177,415	689,582	526,159	402,295
Total OI	2,964,514.3	2,344,120	3,339,203	3,199,722	2,812,678

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
2025-01-02	$14.23	$10.00	79.8%	18.5%	61.6%	68.1%	65.1%	-0.3%	-0.8%	9.5M	-1.11B	-6.0M	0.46	9.64	359,798	166,361	1,967,442	1,232,280
2025-01-03	$14.76	$10.00	78.2%	17.1%	62.8%	65.4%	60.9%	-0.7%	-1.0%	13.1M	-1.32B	-6.3M	0.42	9.86	196,705	81,952	2,036,737	1,263,954
2025-01-06	$15.34	$15.00	79.5%	21.6%	63.8%	67.5%	76.4%	-3.5%	-2.5%	15.6M	-1.54B	-6.4M	0.37	3.56	187,424	68,806	1,950,661	1,238,200
2025-01-07	$14.77	$15.00	81.0%	22.1%	64.8%	70.2%	77.8%	-4.5%	-2.5%	13.9M	-1.33B	-6.3M	0.51	17.98	122,248	62,055	1,997,689	1,257,653
2025-01-08	$14.59	$15.00	79.9%	21.6%	64.5%	68.2%	76.4%	-3.1%	-2.1%	11.8M	-1.26B	-6.3M	0.48	13.65	121,009	58,153	2,017,215	1,278,192
2025-01-10	$14.09	$15.00	78.2%	21.4%	65.1%	65.3%	75.7%	-2.6%	-2.3%	4.0M	-1.08B	-6.0M	0.59	3.55	156,274	92,987	2,023,237	1,285,110
2025-01-13	$14.04	$15.00	78.5%	21.3%	62.4%	65.9%	76.5%	-2.2%	-3.3%	10.3M	-1.08B	-6.0M	0.50	4.07	137,023	68,337	1,940,607	1,243,609
2025-01-14	$14.43	$15.00	79.4%	21.7%	63.6%	67.4%	77.5%	-1.8%	-3.1%	13.4M	-1.22B	-6.1M	0.32	3.94	134,133	43,282	1,961,130	1,267,606
2025-01-15	$15.46	$15.00	78.7%	21.3%	68.1%	66.2%	75.7%	-3.7%	-4.2%	20.4M	-1.60B	-6.3M	0.40	3.80	194,013	78,196	1,981,405	1,272,653
2025-01-16	$16.30	$15.00	78.8%	21.6%	69.5%	66.3%	76.5%	-4.2%	-4.4%	20.5M	-1.91B	-6.4M	0.34	17.64	309,599	105,188	2,005,491	1,286,695
2025-01-17	$16.41	$15.00	78.1%	21.4%	69.4%	65.1%	76.3%	-3.8%	-5.3%	21.9M	-1.91B	-6.5M	0.34	7.83	262,073	89,881	2,026,706	1,312,497
2025-01-21	$17.91	$15.00	80.8%	22.9%	65.5%	69.8%	80.6%	-4.9%	-4.1%	17.1M	-1.72B	-6.7M	0.41	10.26	378,713	156,835	1,538,541	805,579
2025-01-22	$17.66	$16.00	80.3%	23.0%	66.0%	69.0%	80.6%	-3.8%	-3.8%	16.5M	-1.63B	-6.6M	0.52	11.65	202,869	104,582	1,583,807	855,965
2025-01-23	$17.96	$16.00	80.5%	23.2%	66.1%	69.2%	81.5%	-4.8%	-3.8%	20.6M	-1.73B	-6.8M	0.48	16.04	217,911	105,387	1,621,777	883,031
2025-01-24	$17.94	$16.00	77.5%	22.6%	65.6%	64.2%	78.9%	-4.2%	-4.6%	28.9M	-1.68B	-6.8M	0.53	21.29	405,891	214,151	1,644,428	906,387
2025-01-27	$16.20	$17.00	62.6%	18.0%	76.0%	38.5%	64.5%	-3.1%	-1.1%	9.1M	-1.13B	-6.5M	0.46	25.69	471,823	217,759	1,643,364	883,526
2025-01-28	$16.21	$16.00	57.9%	16.7%	74.2%	30.5%	60.5%	-1.3%	1.7%	12.5M	-1.18B	-6.7M	0.26	25.74	313,063	82,451	1,758,714	931,164
2025-01-29	$16.11	$16.00	57.2%	16.7%	72.5%	29.3%	59.5%	-1.8%	0.4%	13.2M	-1.16B	-6.8M	0.37	31.03	156,015	57,200	1,821,413	946,707
2025-01-30	$16.27	$16.00	58.0%	16.7%	72.3%	41.8%	59.2%	-2.0%	-0.0%	15.5M	-1.23B	-6.7M	0.33	31.98	189,391	62,504	1,853,806	952,630
2025-01-31	$15.77	$16.00	57.7%	16.6%	73.0%	41.1%	59.3%	-0.1%	-0.0%	11.3M	-1.05B	-6.7M	0.81	27.13	222,465	179,830	1,867,490	945,188