SOFI Options History — May 2025

In May 2025, SOFI traded between $12.57 and $14.30. ATM implied volatility averaged 54.1%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded below realized volatility by 8.4% (HV 20d: 62.5%). Max pain ranged from $12.00 to $13.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.60.

Notable Days

2025-05-12: Highest Volume — 453,544 contracts
2025-05-14: Largest IV spike — 10.1% change
2025-05-23: Highest IV Rank — 23.7%
2025-05-01: Largest Expected Move — 17.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$13.31	$12.57	$14.30	$12.57	$13.26
Max Pain	$12.71	$12.00	$13.00	$13.00	$13.00
ATM IV	54.1%	49.1%	58.3%	57.3%	52.8%
Expected Move	15.6%	14.3%	17.1%	17.1%	14.8%
HV 20d	62.5%	37.9%	118.5%	118.5%	37.9%
HV 60d	84.4%	82.5%	86.2%	85.4%	82.5%
IV Rank	18.2%	11.8%	23.7%	22.6%	16.4%
IV Percentile	33.7%	24.2%	46.8%	43.3%	27.4%
Term Structure	0.1%	-2.4%	1.7%	1.7%	0.8%
VWIV	55.6%	51.3%	61.1%	61.1%	53.7%
Skew 25d	3.6%	2.0%	5.5%	5.5%	3.8%
Skew 10d	8.0%	1.8%	14.5%	9.0%	1.8%
Call IV 25d	52.9%	48.8%	56.3%	55.2%	51.0%
Put IV 25d	56.5%	50.9%	60.7%	60.7%	54.8%
Bid-Ask Spread %	8.46	2.45	23.76	11.45	13.94
Gamma HHI	0.11	0.09	0.17	0.10	0.10
Net GEX	10.2M	305.5K	26.6M	10.1M	2.7M
Net DEX	-701.4M	-1.08B	-470.3M	-593.0M	-598.0M
Net VEX	-6.9M	-7.2M	-6.6M	-6.6M	-7.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.60	0.28	1.11	0.28	0.93
Total Volume	229,707.381	140,469	453,544	216,236	236,846
Total OI	3,200,158.095	2,978,731	3,406,837	3,327,813	3,264,579

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
2025-05-01	$12.57	$13.00	57.3%	17.1%	118.5%	22.6%	61.1%	5.5%	1.7%	10.1M	-593.0M	-6.6M	0.28	11.45	169,380	46,856	2,132,671	1,195,142
2025-05-02	$12.71	$13.00	54.6%	16.2%	104.5%	19.1%	57.0%	4.7%	0.5%	10.4M	-632.6M	-6.6M	0.54	4.36	178,777	96,436	2,164,190	1,197,237
2025-05-05	$12.91	$12.00	55.6%	15.9%	97.4%	20.3%	56.3%	4.7%	-0.7%	11.7M	-652.4M	-6.8M	0.54	14.81	156,273	84,895	1,968,420	1,072,194
2025-05-06	$12.80	$12.00	56.6%	16.3%	97.7%	21.7%	59.3%	5.3%	0.1%	11.9M	-630.3M	-6.8M	0.65	9.96	95,968	62,187	2,026,226	1,106,364
2025-05-07	$12.98	$12.00	55.1%	16.0%	94.9%	19.7%	57.0%	4.8%	1.1%	13.4M	-684.8M	-6.8M	0.42	23.76	142,599	60,009	2,049,297	1,133,747
2025-05-08	$13.32	$12.00	54.4%	15.8%	62.6%	18.7%	56.7%	3.9%	0.6%	19.5M	-806.7M	-7.0M	0.50	6.58	147,291	73,284	2,065,604	1,149,487
2025-05-09	$13.16	$12.00	55.2%	16.1%	49.0%	19.8%	56.6%	5.3%	0.8%	15.4M	-726.6M	-6.9M	0.48	4.10	158,707	76,888	2,084,814	1,164,525
2025-05-12	$13.98	$12.00	49.8%	14.3%	51.6%	12.8%	52.0%	3.3%	0.3%	21.9M	-969.2M	-7.1M	0.73	2.78	261,628	191,916	2,006,967	1,131,800
2025-05-13	$14.30	$13.00	49.1%	14.3%	51.7%	11.8%	51.3%	2.0%	0.7%	26.6M	-1.08B	-7.1M	0.46	3.28	187,564	86,824	2,039,391	1,187,951
2025-05-14	$14.02	$13.00	54.1%	15.6%	52.9%	18.4%	54.8%	2.0%	0.7%	21.2M	-956.6M	-7.2M	0.42	11.94	216,440	91,501	2,059,814	1,214,527
2025-05-15	$13.54	$13.00	53.8%	15.4%	53.3%	17.8%	55.0%	2.2%	0.5%	12.4M	-762.9M	-7.0M	0.72	3.28	138,732	100,383	2,097,758	1,247,263
2025-05-16	$13.89	$13.00	51.8%	14.8%	52.3%	15.1%	52.3%	2.4%	-0.7%	13.7M	-856.2M	-7.2M	0.42	7.08	157,439	66,546	2,111,605	1,295,232
2025-05-19	$13.70	$13.00	53.3%	15.3%	51.6%	17.0%	54.9%	3.1%	-0.4%	7.5M	-745.6M	-7.1M	0.68	10.20	101,328	68,944	1,823,930	1,154,801
2025-05-20	$13.32	$13.00	53.0%	15.2%	52.2%	16.7%	54.1%	2.9%	0.3%	3.8M	-609.2M	-6.9M	0.52	13.87	133,551	69,350	1,862,165	1,193,901
2025-05-21	$12.88	$13.00	55.3%	15.9%	52.5%	19.7%	56.5%	3.8%	0.2%	502.4K	-470.3M	-6.7M	0.44	7.14	163,373	72,427	1,897,583	1,224,266
2025-05-22	$13.18	$13.00	54.3%	15.6%	50.5%	18.4%	54.9%	2.6%	0.3%	1.1M	-576.0M	-7.0M	0.36	7.23	130,411	47,421	1,930,240	1,246,700
2025-05-23	$13.13	$13.00	58.3%	16.8%	47.8%	23.7%	59.2%	4.3%	-0.4%	305.5K	-546.4M	-7.0M	1.11	8.48	108,374	120,418	1,957,453	1,262,986
2025-05-27	$13.32	$13.00	53.7%	15.7%	47.5%	17.6%	55.3%	3.2%	-0.9%	3.3M	-640.0M	-6.9M	0.69	3.66	134,950	93,038	1,857,955	1,228,231
2025-05-28	$13.32	$13.00	53.7%	15.5%	47.3%	17.5%	54.5%	2.8%	-0.3%	5.3M	-634.5M	-7.0M	0.80	2.45	78,068	62,401	1,916,633	1,258,119
2025-05-29	$13.14	$13.00	53.2%	15.4%	38.2%	16.9%	54.6%	3.1%	-2.4%	1.7M	-555.1M	-6.9M	0.79	7.26	86,303	68,129	1,933,314	1,288,238
2025-05-30	$13.26	$13.00	52.8%	14.8%	37.9%	16.4%	53.7%	3.8%	0.8%	2.7M	-598.0M	-7.0M	0.93	13.94	122,729	114,117	1,945,533	1,319,046