SOUN Options History — December 2023

In December 2023, SOUN traded between $1.96 and $2.29. ATM implied volatility averaged 83.4%, placing in the 2.6% IV rank vs the trailing year. The 30-day expected move averaged 24.4%. IV traded above realized volatility by 8.5% (HV 20d: 74.9%). Max pain ranged from $1.50 to $2.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.17.

Notable Days

  • 2023-12-14: Highest Volume — 8,823 contracts
  • 2023-12-26: Largest IV spike — 12.7% change
  • 2023-12-19: Highest IV Rank — 4.8%
  • 2023-12-07: Largest Expected Move — 28.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.15$1.96$2.29$2.29$2.12
Max Pain$1.98$1.50$2.00$1.50$2.00
ATM IV83.4%76.4%88.8%86.9%84.0%
Expected Move24.4%20.5%28.0%24.8%20.5%
HV 20d74.9%69.6%79.4%74.2%73.2%
HV 60d75.0%69.3%78.5%76.8%70.4%
IV Rank2.6%0.0%4.8%3.9%2.9%
IV Percentile3.5%0.0%7.9%2.8%6.0%
Term Structure0.7%-22.2%18.9%-12.0%15.2%
VWIV85.3%77.6%98.3%84.8%79.8%
Skew 25d3.9%-18.7%37.5%19.4%0.4%
Skew 10d19.2%-44.7%142.8%-1.2%22.7%
Call IV 25d79.2%49.5%104.0%70.5%79.8%
Put IV 25d83.1%69.3%109.5%89.9%80.2%
Bid-Ask Spread %30.8717.3857.1557.1522.31
Gamma HHI0.320.250.410.310.39
Net GEX66.1K54.9K96.2K85.9K57.7K
Net DEX-4.7M-6.3M-3.0M-6.3M-4.6M
Net VEX-39.0K-44.0K-35.1K-42.6K-36.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.040.440.060.06
Total Volume2,898.71,2478,8232,6682,615
Total OI111,943109,021118,444111,716114,020

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$2.29$1.5086.9%24.8%74.2%3.9%84.8%19.4%-12.0%85.9K-6.3M-42.6K0.0657.15N/AN/A2,52314586,13525,581
2023-12-04$2.27$2.0088.8%24.4%72.9%4.6%83.8%-7.8%7.0%96.2K-6.2M-44.0K0.0840.95N/AN/A3,02023684,33625,056
2023-12-05$2.09$2.0087.6%27.3%79.4%4.1%93.4%-5.8%4.6%75.3K-4.3M-39.2K0.2440.84N/AN/A1,68039684,63225,162
2023-12-06$2.12$2.0082.0%27.2%79.2%2.0%95.2%-5.4%6.8%71.3K-4.5M-38.6K0.1817.38N/AN/A1,56328785,71925,472
2023-12-07$2.09$2.0079.1%28.0%78.2%0.9%98.3%-6.9%-16.8%77.8K-4.4M-38.6K0.4223.30N/AN/A1,33156286,40125,715
2023-12-08$2.09$2.0085.1%23.0%78.0%3.2%83.1%3.0%0.7%61.5K-4.2M-37.5K0.1426.97N/AN/A2,03427986,60926,135
2023-12-11$2.04$2.0082.9%23.1%78.6%2.3%79.2%-17.2%1.2%59.5K-3.6M-37.6K0.4423.45N/AN/A1,68774283,73726,227
2023-12-12$1.96$2.0076.4%25.4%73.6%0.0%84.7%7.6%13.5%54.9K-3.0M-35.1K0.3822.69N/AN/A2,08980184,97926,749
2023-12-13$2.19$2.0081.8%26.3%76.9%2.1%87.7%36.1%12.9%57.8K-4.9M-39.0K0.1324.46N/AN/A2,46132786,30327,020
2023-12-14$2.25$2.0076.8%24.7%76.1%0.1%86.9%4.8%18.9%55.8K-5.4M-40.0K0.0837.59N/AN/A8,13568886,78627,178
2023-12-15$2.21$2.0086.0%21.8%72.5%3.7%77.6%37.5%-22.2%64.5K-5.3M-40.1K0.0435.79N/AN/A3,60712891,11227,332
2023-12-18$2.17$2.0085.6%24.6%69.6%3.5%88.9%12.2%-7.5%58.5K-4.7M-39.5K0.1725.30N/AN/A1,73029982,05126,970
2023-12-19$2.24$2.0088.8%25.6%70.4%4.8%87.1%23.0%-7.3%74.2K-5.2M-41.1K0.0434.89N/AN/A2,84312883,01427,128
2023-12-20$2.09$2.0082.7%23.7%73.8%2.4%86.1%-6.7%-1.2%56.0K-4.5M-38.6K0.1427.98N/AN/A1,63523684,08027,103
2023-12-21$2.13$2.0082.8%23.7%73.8%2.5%80.7%2.3%-3.4%58.7K-4.5M-39.2K0.0833.17N/AN/A1,66813784,92727,145
2023-12-22$2.08$2.0076.4%21.8%74.3%0.0%80.6%-17.8%-2.1%63.4K-4.2M-38.5K0.3022.89N/AN/A96128685,78627,187
2023-12-26$2.13$2.0086.2%24.3%73.8%3.8%81.9%9.8%-3.6%68.9K-4.4M-38.1K0.2034.12N/AN/A2,20543284,49926,677
2023-12-27$2.13$2.0081.3%23.5%73.6%1.9%87.2%8.1%2.9%61.0K-4.3M-36.7K0.1333.40N/AN/A2,19128984,55827,012
2023-12-28$2.23$2.0086.3%24.1%75.6%3.8%78.1%-18.7%5.4%63.7K-5.3M-39.1K0.0632.69N/AN/A5,26932985,09327,234
2023-12-29$2.12$2.0084.0%20.5%73.2%2.9%79.8%0.4%15.2%57.7K-4.6M-36.7K0.0622.31N/AN/A2,47214386,61927,401