SOUN Options History — April 2023

In April 2023, SOUN traded between $2.26 and $3.19. ATM implied volatility averaged 152.3%, placing in the 27.7% IV rank vs the trailing year. The 30-day expected move averaged 41.9%. IV traded below realized volatility by 34.8% (HV 20d: 187.2%). Max pain ranged from $2.00 to $3.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.36.

Notable Days

  • 2023-04-03: Highest Volume — 30,500 contracts
  • 2023-04-11: Largest IV spike — 39.2% change
  • 2023-04-11: Highest IV Rank — 59.7%
  • 2023-04-03: Largest Expected Move — 49.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.71$2.26$3.19$3.19$2.65
Max Pain$2.13$2.00$3.00$2.50$3.00
ATM IV152.3%116.2%233.5%172.4%130.9%
Expected Move41.9%31.4%49.9%49.9%39.4%
HV 20d187.2%174.8%209.8%204.8%179.1%
HV 60d203.4%199.7%205.7%199.7%201.8%
IV Rank27.7%13.4%59.7%35.6%19.2%
IV Percentile45.4%7.2%96.2%69.6%20.6%
Term Structure-3.0%-163.7%246.8%-61.0%-10.0%
VWIV143.5%123.5%166.7%156.3%138.4%
Skew 25d-8.3%-97.5%67.7%7.1%3.8%
Skew 10d-0.4%-96.7%79.8%-95.5%20.1%
Call IV 25d151.9%106.6%236.7%185.5%130.7%
Put IV 25d143.6%90.1%192.6%192.6%134.5%
Bid-Ask Spread %50.8121.8173.7030.2326.47
Gamma HHI0.250.170.400.170.23
Net GEX51.9K14.8K95.6K83.0K24.2K
Net DEX-2.4M-5.8M71.2K-5.8M-1.0M
Net VEX-26.3K-28.9K-23.0K-26.7K-28.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.041.040.130.37
Total Volume8,272.9473,25030,50030,5007,881
Total OI86,882.31663,64396,41477,76985,346

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$3.19$2.50172.4%49.9%204.8%35.6%156.3%7.1%-61.0%83.0K-5.8M-26.7K0.1330.23N/AN/A27,0523,44860,46717,302
2023-04-04$2.80$2.50156.2%49.0%209.8%29.2%166.7%-23.3%-32.1%58.5K-3.9M-25.3K0.3650.16N/AN/A8,1822,95171,15619,508
2023-04-05$2.48$2.50161.4%43.3%198.7%31.3%144.3%-4.0%246.8%69.1K-1.8M-23.6K0.4736.53N/AN/A2,2141,03673,22621,362
2023-04-06$2.83$2.00169.2%42.5%193.4%34.4%139.2%-3.0%-47.9%63.0K-4.0M-27.5K0.1552.93N/AN/A7,9651,15773,68721,663
2023-04-10$3.08$2.00167.8%42.4%189.3%33.8%138.0%-14.7%6.3%87.2K-5.0M-28.8K0.2069.63N/AN/A8,1571,66366,11721,158
2023-04-11$2.90$2.00233.5%41.0%191.4%59.7%148.6%67.7%-163.7%83.2K-4.0M-28.2K0.3463.04N/AN/A5,5271,87068,85021,859
2023-04-12$2.81$2.00158.4%42.6%188.9%30.1%145.9%-34.0%-7.3%78.8K-3.2M-27.0K0.1773.70N/AN/A3,17152670,57322,942
2023-04-13$2.71$2.00135.6%44.7%189.2%21.1%150.2%-97.5%42.8%53.3K-2.7M-26.4K0.7055.98N/AN/A2,1241,49171,40023,215
2023-04-14$2.62$2.00167.1%46.3%190.0%33.5%139.4%-38.6%-3.6%18.9K-1.8M-23.2K0.0765.87N/AN/A10,50973071,57823,494
2023-04-17$2.94$2.00163.4%45.6%192.1%32.1%148.0%17.7%9.2%66.9K-3.2M-26.0K0.2754.19N/AN/A6,4601,73964,60722,354
2023-04-18$3.09$2.00138.2%42.1%183.9%22.1%144.8%11.4%-13.4%95.6K-4.6M-28.9K0.2749.43N/AN/A5,2081,38168,36623,891
2023-04-19$2.75$2.00146.7%42.0%174.8%25.5%150.2%-16.7%-16.1%64.2K-2.2M-27.4K0.5457.15N/AN/A2,1351,14368,41824,700
2023-04-20$2.59$2.00140.2%41.6%176.1%22.9%146.3%-33.4%-30.0%40.2K-1.1M-25.4K0.1467.51N/AN/A5,41177569,11524,914
2023-04-21$2.42$2.00116.2%31.4%178.5%13.4%130.8%-25.8%-2.0%22.2K-284.1K-23.8K0.8355.35N/AN/A2,5592,13571,04525,369
2023-04-24$2.45$2.00138.4%35.9%177.2%22.2%123.5%-0.9%-4.5%20.0K-595.5K-23.0K1.0448.77N/AN/A4,5874,77341,92721,716
2023-04-25$2.26$2.00139.3%37.5%180.0%22.6%149.4%15.1%10.0%14.8K71.2K-25.9K0.0452.53N/AN/A3,20112945,46226,575
2023-04-26$2.35$2.00128.6%39.0%178.8%18.3%136.6%-12.4%12.5%18.4K-244.2K-26.4K0.1234.16N/AN/A3,25838345,70526,904
2023-04-27$2.54$2.00130.8%39.5%180.2%19.2%130.4%23.8%7.5%25.2K-1.1M-27.2K0.5921.81N/AN/A8,9745,28147,66427,129
2023-04-28$2.65$3.00130.9%39.4%179.1%19.2%138.4%3.8%-10.0%24.2K-1.0M-28.6K0.3726.47N/AN/A5,7472,13454,08231,264