SOUN Options History — March 2023

In March 2023, SOUN traded between $1.58 and $3.29. ATM implied volatility averaged 155.2%, placing in the 28.8% IV rank vs the trailing year. The 30-day expected move averaged 40.9%. IV traded below realized volatility by 33.1% (HV 20d: 188.3%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 0.37.

Notable Days

  • 2023-03-31: Highest Volume — 38,110 contracts
  • 2023-03-06: Largest IV spike — 31.7% change
  • 2023-03-06: Highest IV Rank — 42.0%
  • 2023-03-03: Largest Expected Move — 52.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.24$1.58$3.29$2.79$2.69
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV155.2%129.3%188.4%171.0%157.4%
Expected Move40.9%31.3%52.9%47.8%45.0%
HV 20d188.3%154.4%258.9%245.9%195.5%
HV 60d215.9%189.5%225.3%208.1%198.1%
IV Rank28.8%18.6%42.0%35.1%29.7%
IV Percentile52.1%20.7%79.5%67.7%59.4%
Term Structure-6.6%-136.6%39.5%-4.2%6.1%
VWIV143.1%111.8%193.2%178.2%150.4%
Skew 25d-17.7%-64.8%52.5%-26.7%-13.4%
Skew 10d-2.2%-97.7%52.0%41.4%52.0%
Call IV 25d145.0%81.9%198.0%172.5%176.3%
Put IV 25d127.4%86.4%184.9%145.8%163.0%
Bid-Ask Spread %44.5317.7867.4120.0933.88
Gamma HHI0.240.160.530.180.17
Net GEX28.6K-4.6K118.1K37.6K28.7K
Net DEX150.7K-6.3M2.8M-229.0K-2.3M
Net VEX-17.3K-35.1K-8.7K-25.7K-20.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.041.450.480.06
Total Volume8,161.4781,23638,1103,58838,110
Total OI89,565.1362,459122,68496,40269,759

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$2.79$3.00171.0%47.8%245.9%35.1%178.2%-26.7%-4.2%37.6K-229.0K-25.7K0.4820.09N/AN/A2,4301,15869,95326,449
2023-03-02$2.51$3.00144.1%42.8%249.6%24.4%163.5%-6.3%-118.3%25.1K852.6K-22.3K0.8141.04N/AN/A2,1471,74970,82226,586
2023-03-03$3.12$3.00143.1%52.9%258.9%24.0%193.2%-13.2%16.2%61.2K-3.4M-31.4K0.0525.54N/AN/A25,5761,15672,39826,639
2023-03-06$3.26$3.00188.4%44.9%228.3%42.0%164.9%-11.9%-136.6%99.7K-5.1M-33.5K0.1445.54N/AN/A17,7652,42278,19625,958
2023-03-07$3.29$3.00179.1%45.8%186.6%38.3%135.2%26.6%0.0%118.1K-6.3M-35.1K0.3249.53N/AN/A13,8804,46183,23727,437
2023-03-08$2.63$3.00146.8%42.1%198.0%25.5%146.0%-64.8%-33.8%53.2K1.0M-22.7K0.5950.83N/AN/A10,2476,03189,71030,625
2023-03-09$2.21$3.00147.0%38.6%177.2%25.6%140.7%-18.1%3.2%7.9K2.8M-16.9K0.3017.78N/AN/A7,8862,39490,52730,934
2023-03-10$1.98$3.00169.8%37.8%175.2%34.6%151.4%-41.0%-7.2%6.6K2.8M-15.3K0.9222.21N/AN/A4,2513,92292,18530,499
2023-03-13$2.06$3.00174.3%42.7%177.1%36.4%153.0%-12.9%-45.1%6.6K1.3M-14.6K0.2038.45N/AN/A4,27586479,39922,976
2023-03-14$1.90$3.00153.7%37.1%172.0%28.2%122.6%-16.4%-14.0%-4.6K1.7M-12.3K0.5537.09N/AN/A2,3011,26581,72923,056
2023-03-15$1.85$3.00175.3%40.9%157.8%36.8%137.5%-17.6%11.3%11.4K1.7M-12.7K0.9750.98N/AN/A1,01097882,87123,023
2023-03-16$1.85$3.00174.2%41.5%157.0%36.3%126.5%-17.3%8.9%12.6K1.8M-12.2K0.2054.02N/AN/A1,64933883,17922,772
2023-03-17$1.79$3.00148.7%40.4%157.0%26.3%137.2%38.5%39.5%10.2K2.1M-11.2K1.4521.86N/AN/A1,7542,54282,50822,739
2023-03-20$1.58$3.00138.0%38.3%154.4%22.0%127.8%52.5%-30.7%4.7K1.1M-8.7K0.0465.69N/AN/A2,2258746,79215,667
2023-03-21$2.00$3.00141.2%40.4%183.9%23.3%145.5%-22.6%20.2%17.1K392.7K-12.9K0.0856.83N/AN/A6,90752348,21515,717
2023-03-22$1.94$3.00151.3%43.4%181.4%27.3%151.7%-33.4%35.9%23.3K423.8K-13.0K0.0562.07N/AN/A2,54812250,13116,024
2023-03-23$1.94$3.00153.6%42.4%181.3%28.2%143.1%-27.0%26.5%28.5K310.8K-13.4K0.1361.76N/AN/A1,44619351,09816,037
2023-03-24$2.08$3.00146.6%40.0%183.3%25.5%142.1%-49.1%24.5%14.5K197.3K-12.8K0.1367.41N/AN/A1,89123751,47516,147
2023-03-27$2.10$3.00165.1%35.3%177.5%32.7%129.2%-51.5%2.6%11.6K451.9K-12.9K0.2555.44N/AN/A1,59039948,47215,678
2023-03-28$1.98$3.00137.7%33.3%177.8%21.9%126.4%-34.8%20.0%21.7K654.6K-12.0K0.7850.05N/AN/A2,3771,86149,55915,891
2023-03-29$2.06$3.00133.9%35.3%178.5%20.4%114.4%-10.7%2.2%32.0K540.8K-12.7K0.0549.29N/AN/A1,4387351,08216,825
2023-03-30$1.96$3.00129.3%31.3%175.9%18.6%111.8%-34.7%27.8%29.6K562.8K-12.7K0.0646.72N/AN/A1,1696752,18016,842
2023-03-31$2.69$3.00157.4%45.0%195.5%29.7%150.4%-13.4%6.1%28.7K-2.3M-20.0K0.0633.88N/AN/A36,0592,05152,89416,865