SOUN Options History — January 2024

In January 2024, SOUN traded between $1.67 and $2.12. ATM implied volatility averaged 89.6%, placing in the 5.8% IV rank vs the trailing year. The 30-day expected move averaged 23.7%. IV traded above realized volatility by 17.4% (HV 20d: 72.2%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.20.

Notable Days

  • 2024-01-09: Highest Volume — 6,228 contracts
  • 2024-01-31: Largest IV spike — 59.0% change
  • 2024-01-31: Highest IV Rank — 35.9%
  • 2024-01-11: Largest Expected Move — 28.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.89$1.67$2.12$2.06$1.67
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV89.6%71.2%156.3%89.1%156.3%
Expected Move23.7%17.4%28.8%26.3%17.4%
HV 20d72.2%64.6%83.6%68.5%72.5%
HV 60d73.8%70.6%75.9%70.6%72.5%
IV Rank5.8%0.0%35.9%4.9%35.9%
IV Percentile13.9%0.0%84.1%11.1%84.1%
Term Structure2.7%-17.7%27.7%-7.6%-10.9%
VWIV84.3%66.9%97.6%91.8%73.1%
Skew 25d22.8%-38.0%209.1%-8.2%209.1%
Skew 10d66.4%-18.2%306.8%5.6%229.7%
Call IV 25d79.1%46.2%146.6%90.9%88.9%
Put IV 25d101.9%45.0%298.0%82.7%298.0%
Bid-Ask Spread %63.8524.1480.3924.1465.98
Gamma HHI0.260.170.360.360.22
Net GEX43.4K29.1K60.5K47.0K36.8K
Net DEX-2.9M-4.6M-885.0K-4.6M-3.0M
Net VEX-30.8K-35.7K-26.9K-33.3K-27.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.010.790.130.02
Total Volume2,601.7625516,2282,9133,242
Total OI99,066.71473,473115,392110,71177,507

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$2.06$2.0089.1%26.3%68.5%4.9%91.8%-8.2%-7.6%47.0K-4.6M-33.3K0.1324.14N/AN/A2,58233183,55627,155
2024-01-03$2.00$2.0082.1%23.5%69.1%2.2%82.0%22.2%-2.4%42.6K-4.5M-31.2K0.4845.02N/AN/A1,22858784,61327,020
2024-01-04$2.08$2.0083.1%25.5%64.6%2.6%90.4%-15.5%12.6%49.7K-3.9M-35.1K0.1357.64N/AN/A1,23315785,16126,652
2024-01-05$2.00$2.0080.2%24.0%65.8%1.4%84.0%-29.3%3.0%39.6K-3.4M-35.0K0.2458.25N/AN/A1,03124985,39626,503
2024-01-08$2.12$2.0089.5%23.8%69.1%5.1%82.6%33.4%-6.8%56.4K-4.3M-35.7K0.0363.68N/AN/A4,03812982,60325,773
2024-01-09$1.87$2.0093.1%25.6%82.4%6.4%89.3%-32.8%-6.6%37.9K-2.4M-31.1K0.1466.82N/AN/A5,44178785,12525,772
2024-01-10$1.88$2.0086.3%24.3%82.1%3.8%94.5%107.2%-5.2%40.5K-2.6M-31.8K0.1468.22N/AN/A1,32318186,63726,179
2024-01-11$1.77$2.0091.2%28.8%83.6%5.7%93.0%-38.0%10.3%29.1K-1.4M-29.4K0.2758.39N/AN/A3,18585387,04626,251
2024-01-12$1.81$2.0089.8%22.3%72.5%5.1%66.9%-16.6%-17.7%34.2K-2.0M-30.6K0.2180.39N/AN/A1,19525089,14326,249
2024-01-16$1.81$2.0081.2%23.7%71.3%1.8%82.8%-8.3%10.2%34.6K-1.2M-28.6K0.7976.59N/AN/A1,13489688,25225,719
2024-01-17$1.77$2.0075.0%21.5%71.4%0.0%77.0%-11.2%20.8%30.5K-885.0K-28.1K0.1973.24N/AN/A99918688,69425,872
2024-01-18$1.79$2.0079.8%21.8%71.7%1.9%81.1%-11.4%18.7%32.8K-1.0M-26.9K0.3471.94N/AN/A1,24742789,02625,880
2024-01-19$1.83$2.0091.9%25.7%71.1%6.5%90.3%1.9%6.4%36.0K-1.4M-29.1K0.2467.86N/AN/A1,68840889,28825,768
2024-01-22$1.96$2.0086.8%25.9%72.7%4.5%89.0%20.2%6.7%51.1K-4.0M-31.8K0.0373.05N/AN/A5,65915660,66014,355
2024-01-23$1.94$2.0091.8%24.3%72.3%6.5%84.7%1.4%2.9%60.5K-3.8M-31.5K0.0375.03N/AN/A1,7495663,29514,375
2024-01-24$1.90$2.0094.5%25.0%72.2%7.5%87.3%0.4%-0.0%58.3K-3.7M-30.6K0.5668.18N/AN/A79044164,15914,366
2024-01-25$1.85$2.0080.6%22.5%71.8%2.2%80.6%-6.1%1.6%47.4K-3.1M-29.9K0.0570.65N/AN/A5272464,63614,666
2024-01-26$1.85$2.0071.2%21.3%71.8%0.0%74.4%26.4%27.7%50.4K-3.3M-30.2K0.1568.24N/AN/A3,13145964,83514,677
2024-01-29$1.88$2.0089.1%22.9%69.6%6.8%77.7%63.8%-8.3%51.0K-3.5M-30.3K0.0955.93N/AN/A1,79816359,51413,959
2024-01-30$1.79$2.0098.3%21.5%69.5%11.4%97.6%170.2%1.4%45.3K-3.3M-27.6K0.0151.67N/AN/A4,6502759,95314,111
2024-01-31$1.67$2.00156.3%17.4%72.5%35.9%73.1%209.1%-10.9%36.8K-3.0M-27.9K0.0265.98N/AN/A3,1756763,39914,108