SOUN Options History — February 2024

In February 2024, SOUN traded between $1.65 and $7.29. ATM implied volatility averaged 181.6%, placing in the 50.5% IV rank vs the trailing year. The 30-day expected move averaged 49.2%. IV traded above realized volatility by 37.4% (HV 20d: 144.2%). Max pain ranged from $1.50 to $3.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.27.

Notable Days

  • 2024-02-27: Highest Volume — 415,750 contracts
  • 2024-02-02: Largest IV spike — 164.3% change
  • 2024-02-29: Highest IV Rank — 91.6%
  • 2024-02-29: Largest Expected Move — 93.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.46$1.65$7.29$1.71$7.29
Max Pain$2.20$1.50$3.50$1.50$3.50
ATM IV181.6%103.8%284.9%107.8%266.8%
Expected Move49.2%24.9%93.8%29.2%93.8%
HV 20d144.2%54.0%241.7%73.1%237.6%
HV 60d107.6%71.7%158.7%71.8%158.7%
IV Rank50.5%13.7%91.6%15.4%91.6%
IV Percentile78.1%32.5%99.6%38.5%99.6%
Term Structure-7.5%-100.5%149.0%-29.6%-24.7%
VWIV172.3%88.4%325.4%96.2%325.4%
Skew 25d45.4%-73.9%380.0%380.0%-38.5%
Skew 10d55.8%-72.2%398.5%398.5%-40.3%
Call IV 25d173.9%84.1%298.4%84.1%298.4%
Put IV 25d219.4%108.3%464.1%464.1%259.8%
Bid-Ask Spread %37.998.6064.9640.818.77
Gamma HHI0.230.120.440.250.12
Net GEX224.3K37.2K785.0K42.6K785.0K
Net DEX-38.7M-166.3M-2.7M-2.7M-166.3M
Net VEX-83.1K-258.4K-27.4K-28.3K-258.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.001.020.020.49
Total Volume102,216.15767415,750767358,327
Total OI186,538.6577,366527,01977,366527,019

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$1.71$1.50107.8%29.2%73.1%15.4%96.2%380.0%-29.6%42.6K-2.7M-28.3K0.0240.81N/AN/A7511663,43213,934
2024-02-02$1.69$1.50284.9%25.6%70.9%90.1%88.4%211.4%-37.7%43.2K-3.0M-28.7K0.0162.76N/AN/A2,8913863,75513,771
2024-02-05$1.65$1.50103.8%26.8%70.3%13.7%95.3%226.3%-0.1%37.2K-2.7M-27.4K0.0962.53N/AN/A1,51113963,95013,624
2024-02-06$1.73$1.50162.5%26.0%69.0%38.5%97.3%299.4%59.0%39.1K-2.9M-28.8K0.0056.73N/AN/A3,3101164,82713,793
2024-02-07$1.71$1.50217.8%24.9%54.0%61.8%113.4%163.2%-100.5%39.9K-3.0M-28.5K0.0464.96N/AN/A1,0034566,69313,800
2024-02-08$1.94$1.50125.0%30.7%71.2%25.2%102.4%34.5%-19.1%76.5K-4.7M-33.2K0.1144.64N/AN/A7,63682167,16513,679
2024-02-09$2.23$1.50121.1%32.7%82.5%23.3%124.0%-6.1%-14.3%65.1K-7.7M-38.6K0.0552.08N/AN/A24,0761,22270,02314,317
2024-02-12$2.37$1.50114.7%34.7%84.3%20.3%123.6%1.4%12.0%121.2K-10.0M-41.9K1.0253.91N/AN/A10,75910,94579,94314,561
2024-02-13$2.25$2.00137.5%39.5%87.4%31.0%134.3%-13.1%-5.5%90.0K-8.0M-43.4K0.6161.18N/AN/A4,8322,92583,25625,199
2024-02-14$2.25$2.00112.2%32.2%86.6%19.2%117.9%-26.5%149.0%42.3K-8.5M-43.3K0.5454.14N/AN/A7,5544,08583,91727,980
2024-02-15$3.75$2.00236.5%67.1%197.1%77.3%228.3%-10.9%6.6%55.9K-25.1M-56.8K0.1614.59N/AN/A186,79930,76485,94931,681
2024-02-16$3.84$2.00208.4%60.6%197.1%64.2%215.0%-73.9%-8.3%173.8K-37.4M-82.9K0.1729.33N/AN/A127,27121,458159,19551,093
2024-02-20$3.96$2.50195.4%57.1%196.7%58.1%203.8%-46.9%-3.4%282.0K-39.0M-99.5K0.1724.78N/AN/A93,71815,633155,81956,366
2024-02-21$3.76$2.50190.8%57.5%198.6%56.0%201.0%-35.0%-40.7%343.3K-38.0M-106.9K0.3833.78N/AN/A65,94425,149187,39766,148
2024-02-22$3.96$3.00160.0%47.3%197.6%41.6%170.6%-31.5%0.6%600.4K-44.3M-110.0K0.1829.56N/AN/A63,51111,284198,59966,694
2024-02-23$3.88$3.00147.3%44.9%197.4%35.6%157.2%-14.7%-8.6%263.2K-38.4M-109.0K0.2433.00N/AN/A36,2058,564198,90170,211
2024-02-26$5.71$3.00235.2%80.2%232.3%76.7%263.4%-26.2%-40.8%258.4K-76.0M-120.5K0.2011.39N/AN/A245,36248,618167,18360,684
2024-02-27$7.04$3.00264.3%87.3%237.9%90.4%297.0%-30.3%-27.2%486.8K-134.6M-154.2K0.368.60N/AN/A306,245109,505236,08085,143
2024-02-28$6.38$3.50240.1%84.9%241.7%79.0%292.3%-53.7%-16.7%640.0K-121.5M-222.0K0.4712.21N/AN/A139,29266,104311,071143,921
2024-02-29$7.29$3.50266.8%93.8%237.6%91.6%325.4%-38.5%-24.7%785.0K-166.3M-258.4K0.498.77N/AN/A240,694117,633352,501174,518