SOUN Options History — May 2023

In May 2023, SOUN traded between $2.34 and $3.16. ATM implied volatility averaged 131.6%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 37.4%. IV traded above realized volatility by 28.5% (HV 20d: 103.1%). Max pain ranged from $2.00 to $3.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.27.

Notable Days

  • 2023-05-22: Highest Volume — 17,260 contracts
  • 2023-05-12: Largest IV drop — 18.6% change
  • 2023-05-30: Highest IV Rank — 29.6%
  • 2023-05-30: Largest Expected Move — 45.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.72$2.34$3.16$2.58$3.00
Max Pain$2.25$2.00$3.00$3.00$3.00
ATM IV131.6%116.9%157.1%128.8%151.9%
Expected Move37.4%33.5%45.5%40.0%43.1%
HV 20d103.1%90.5%139.5%139.5%94.2%
HV 60d161.3%147.7%201.6%201.6%147.7%
IV Rank19.5%13.7%29.6%18.4%27.5%
IV Percentile25.1%7.1%62.3%19.0%57.5%
Term Structure-4.5%-31.8%18.3%-14.2%-2.7%
VWIV125.7%81.0%152.8%96.5%152.8%
Skew 25d9.2%-64.2%68.3%39.0%-64.2%
Skew 10d34.5%-98.8%125.0%91.6%-98.8%
Call IV 25d121.1%85.2%192.3%93.8%192.3%
Put IV 25d130.3%95.5%155.9%132.8%128.0%
Bid-Ask Spread %42.8620.3980.8925.9664.80
Gamma HHI0.300.180.430.330.27
Net GEX44.2K18.1K80.2K36.8K80.2K
Net DEX-1.1M-3.8M561.7K-263.6K-3.8M
Net VEX-32.2K-44.5K-26.2K-28.1K-44.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.070.840.310.23
Total Volume7,347.1362,52417,2603,5165,037
Total OI88,940.86479,127100,68780,437100,687

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$2.58$3.00128.8%40.0%139.5%18.4%96.5%39.0%-14.2%36.8K-263.6K-28.1K0.3125.96N/AN/A2,67484250,04230,395
2023-05-02$2.37$3.00136.1%43.9%126.4%21.3%150.3%28.6%-14.0%29.7K396.8K-26.3K0.2731.22N/AN/A2,06456151,69731,008
2023-05-03$2.34$3.00117.1%39.7%118.8%13.8%130.0%10.0%0.7%22.8K561.7K-26.2K0.2152.26N/AN/A3,97584051,26631,268
2023-05-04$2.46$2.00138.3%36.6%112.7%22.2%122.4%48.3%-16.4%37.6K-22.0K-28.4K0.0934.17N/AN/A4,10638753,53531,493
2023-05-05$2.67$2.00127.2%33.5%106.1%17.7%81.0%26.8%-1.6%36.5K-1.1M-29.4K0.1750.53N/AN/A4,74982854,23031,634
2023-05-08$2.74$2.00130.9%34.3%101.7%19.2%116.0%11.7%-2.0%40.2K-982.4K-29.5K0.5180.89N/AN/A2,4121,22451,01231,048
2023-05-09$2.73$2.00143.6%37.5%99.6%24.2%126.4%58.6%-3.3%47.5K-1.2M-30.7K0.2235.87N/AN/A4,14391052,26230,820
2023-05-10$2.54$2.00140.7%40.3%102.2%23.1%138.7%7.7%-0.7%35.5K-491.8K-28.6K0.2350.40N/AN/A3,74084954,32430,806
2023-05-11$2.50$2.00150.3%37.8%101.6%26.9%136.8%68.3%-31.8%46.2K-507.8K-29.3K0.2843.22N/AN/A8,9592,49455,66531,153
2023-05-12$2.46$2.00122.3%33.7%101.1%15.8%124.4%6.4%-3.2%41.2K426.0K-28.4K0.3164.01N/AN/A8,0402,45463,52533,236
2023-05-15$2.62$2.00121.3%35.5%94.5%15.5%119.4%27.1%-2.8%18.1K-384.6K-27.4K0.0726.55N/AN/A5,58236555,63231,201
2023-05-16$2.44$2.00116.9%33.5%94.8%13.7%122.9%13.5%-0.5%43.9K519.3K-27.1K0.8425.94N/AN/A5,8914,92957,33031,314
2023-05-17$2.66$2.00121.2%34.7%92.4%15.4%115.5%4.1%-14.9%38.5K-272.7K-30.5K0.3842.29N/AN/A4,5661,75261,52535,721
2023-05-18$2.85$2.00123.2%35.5%92.9%16.2%121.1%9.2%-2.6%30.8K-1.1M-32.3K0.1520.39N/AN/A9,5041,41360,58535,030
2023-05-19$2.74$2.00129.1%37.8%90.5%18.5%133.7%-12.2%-8.4%37.2K-621.1K-33.0K0.2740.18N/AN/A5,6821,53862,74436,143
2023-05-22$3.16$2.00127.7%35.8%102.7%18.0%119.2%2.8%-6.6%36.3K-3.6M-35.6K0.1339.64N/AN/A15,2991,96148,28230,845
2023-05-23$2.95$2.00123.3%35.1%101.3%16.2%122.4%-36.6%5.8%67.7K-2.6M-37.2K0.4739.61N/AN/A6,4583,01256,21432,394
2023-05-24$2.99$2.00120.3%35.7%100.9%15.1%122.6%3.3%18.3%73.4K-2.3M-37.6K0.4635.55N/AN/A1,73279257,45434,895
2023-05-25$2.99$2.00128.0%35.4%97.9%18.1%122.9%1.0%11.3%74.3K-2.1M-37.8K0.1649.17N/AN/A3,82060356,12534,728
2023-05-26$2.90$2.50139.9%37.6%97.9%22.8%137.0%-18.8%8.4%44.2K-1.8M-39.0K0.2132.31N/AN/A7,5821,62359,94435,384
2023-05-30$3.09$3.00157.1%45.5%99.3%29.6%152.8%-32.4%-17.6%54.4K-3.5M-42.4K0.0957.98N/AN/A14,9141,33157,38334,720
2023-05-31$3.00$3.00151.9%43.1%94.2%27.5%152.8%-64.2%-2.7%80.2K-3.8M-44.5K0.2364.80N/AN/A4,10693165,03635,651