SOFI Options History — March 2025

In March 2025, SOFI traded between $11.25 and $13.64. ATM implied volatility averaged 66.8%, placing in the 61.0% IV rank vs the trailing year. The 30-day expected move averaged 21.1%. IV traded below realized volatility by 1.1% (HV 20d: 67.9%). Max pain ranged from $13.00 to $14.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.60.

Notable Days

2025-03-04: Highest Volume — 593,480 contracts
2025-03-10: Largest IV spike — 19.4% change
2025-03-10: Highest IV Rank — 100.0%
2025-03-10: Largest Expected Move — 27.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$12.45	$11.25	$13.64	$13.46	$11.68
Max Pain	$13.90	$13.00	$14.00	$14.00	$14.00
ATM IV	66.8%	53.1%	84.1%	68.5%	76.7%
Expected Move	21.1%	18.6%	27.8%	21.0%	21.3%
HV 20d	67.9%	53.7%	75.8%	53.7%	73.4%
HV 60d	64.6%	60.4%	66.6%	60.4%	66.5%
IV Rank	61.0%	29.4%	100.0%	66.2%	83.1%
IV Percentile	68.0%	35.7%	100.0%	74.6%	88.1%
Term Structure	2.7%	-3.2%	15.0%	0.8%	-2.0%
VWIV	74.1%	64.8%	91.6%	74.6%	74.4%
Skew 25d	5.3%	2.6%	7.4%	2.6%	7.4%
Skew 10d	8.7%	-11.3%	13.9%	-4.1%	11.8%
Call IV 25d	64.2%	50.1%	79.9%	68.1%	76.3%
Put IV 25d	69.5%	55.1%	86.3%	70.7%	83.7%
Bid-Ask Spread %	13.49	2.93	32.74	15.25	18.59
Gamma HHI	0.10	0.08	0.28	0.10	0.08
Net GEX	4.6M	-1.1M	11.4M	2.4M	3.6M
Net DEX	-428.9M	-753.2M	-150.6M	-562.0M	-309.9M
Net VEX	-6.2M	-6.7M	-5.7M	-6.6M	-5.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.60	0.38	1.43	0.46	0.85
Total Volume	236,595.19	112,990	593,480	252,124	211,796
Total OI	2,927,689.048	2,560,878	3,132,251	2,804,841	2,645,334

Daily Data (21 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
2025-03-03	$13.46	$14.00	68.5%	21.0%	53.7%	66.2%	74.6%	2.6%	0.8%	2.4M	-562.0M	-6.6M	0.46	15.25	172,578	79,546	1,738,346	1,066,495
2025-03-04	$13.16	$14.00	69.2%	21.6%	53.8%	68.0%	76.8%	4.5%	1.9%	1.7M	-479.3M	-6.5M	1.43	22.79	244,045	349,435	1,800,652	1,091,413
2025-03-05	$13.41	$14.00	67.2%	20.3%	54.6%	63.2%	71.6%	3.9%	-1.2%	2.4M	-557.6M	-6.7M	0.43	19.18	118,668	51,396	1,829,619	1,159,337
2025-03-06	$12.45	$14.00	74.4%	23.3%	59.3%	80.1%	81.1%	4.7%	-1.4%	436.6K	-322.6M	-6.3M	0.65	2.93	151,354	98,522	1,865,057	1,172,092
2025-03-07	$12.46	$14.00	70.5%	21.3%	58.5%	70.9%	78.6%	6.5%	-1.3%	-1.1M	-325.4M	-6.3M	0.61	9.57	188,536	115,585	1,907,969	1,186,534
2025-03-10	$11.25	$14.00	84.1%	27.8%	66.9%	100.0%	91.6%	6.4%	-2.9%	405.0K	-150.6M	-5.7M	0.57	19.64	228,670	130,435	1,809,759	1,154,303
2025-03-11	$11.32	$14.00	80.6%	26.0%	66.5%	91.9%	91.1%	7.2%	-0.9%	741.6K	-166.2M	-5.8M	0.48	22.25	182,481	87,798	1,870,228	1,176,083
2025-03-12	$11.96	$13.50	71.6%	22.0%	70.9%	71.6%	78.1%	6.0%	-0.7%	2.9M	-309.2M	-6.1M	0.81	24.32	142,153	114,662	1,938,440	1,193,811
2025-03-13	$11.41	$13.50	73.4%	21.9%	72.0%	75.7%	77.0%	5.1%	0.5%	2.1M	-219.0M	-5.9M	0.55	19.82	128,201	70,061	1,951,552	1,170,568
2025-03-14	$12.01	$13.00	65.6%	18.6%	74.4%	57.9%	65.5%	5.3%	-0.7%	11.4M	-347.3M	-6.1M	0.52	16.96	141,906	73,608	1,957,268	1,156,985
2025-03-17	$12.34	$14.00	63.9%	20.4%	69.9%	54.0%	71.0%	5.7%	-3.2%	4.5M	-421.7M	-6.1M	0.61	7.84	114,224	69,900	1,876,701	1,108,967
2025-03-18	$11.96	$14.00	66.5%	21.0%	67.5%	59.8%	72.3%	4.9%	-2.1%	2.9M	-353.4M	-6.0M	0.60	3.26	70,656	42,334	1,911,077	1,119,850
2025-03-19	$12.73	$14.00	59.5%	19.4%	72.5%	44.1%	67.6%	5.3%	-0.9%	6.7M	-545.8M	-6.3M	0.48	32.74	146,723	70,580	1,927,840	1,131,682
2025-03-20	$12.66	$14.00	59.3%	19.7%	71.7%	43.7%	70.0%	5.8%	-0.7%	7.4M	-529.1M	-6.3M	0.38	3.76	119,443	45,679	1,949,809	1,135,824
2025-03-21	$12.79	$14.00	56.9%	19.5%	69.5%	38.1%	67.9%	5.3%	-1.1%	6.7M	-579.5M	-6.3M	0.44	3.62	112,414	49,767	1,964,202	1,123,501
2025-03-24	$13.64	$14.00	53.1%	18.6%	73.8%	29.4%	64.8%	5.0%	14.7%	10.5M	-753.2M	-6.4M	0.38	8.34	187,023	71,519	1,633,840	927,038
2025-03-25	$13.52	$14.00	53.9%	18.9%	72.9%	31.4%	67.3%	4.0%	15.0%	11.4M	-731.6M	-6.5M	0.46	3.54	101,175	46,776	1,689,860	943,263
2025-03-26	$13.14	$14.00	56.9%	19.8%	72.4%	38.2%	70.8%	3.9%	14.8%	9.6M	-624.7M	-6.4M	0.54	3.62	112,391	60,956	1,717,825	962,230
2025-03-27	$12.32	$14.00	61.4%	20.4%	75.2%	48.4%	70.1%	5.4%	14.5%	5.0M	-416.6M	-6.1M	0.66	3.07	145,839	95,884	1,756,436	981,736
2025-03-28	$11.79	$14.00	68.5%	21.3%	75.8%	64.5%	73.9%	5.8%	14.6%	4.3M	-301.2M	-5.9M	0.78	22.24	126,051	97,729	1,772,371	1,005,573
2025-03-31	$11.68	$14.00	76.7%	21.3%	73.4%	83.1%	74.4%	7.4%	-2.0%	3.6M	-309.9M	-5.8M	0.85	18.59	114,528	97,268	1,676,115	969,219