SOUN Options History — March 2024

In March 2024, SOUN traded between $4.92 and $8.79. ATM implied volatility averaged 148.6%, placing in the 36.2% IV rank vs the trailing year. The 30-day expected move averaged 42.6%. IV traded below realized volatility by 82.0% (HV 20d: 230.6%). Max pain ranged from $4.00 to $7.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.40.

Notable Days

  • 2024-03-14: Highest Volume — 452,143 contracts
  • 2024-03-13: Largest IV spike — 41.2% change
  • 2024-03-13: Highest IV Rank — 57.3%
  • 2024-03-14: Largest Expected Move — 54.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.60$4.92$8.79$5.96$5.88
Max Pain$5.42$4.00$7.00$4.00$7.00
ATM IV148.6%110.7%193.6%172.2%124.2%
Expected Move42.6%34.5%54.0%52.6%35.8%
HV 20d230.6%154.6%267.5%256.6%154.6%
HV 60d172.1%164.5%178.6%164.9%177.8%
IV Rank36.2%18.5%57.3%47.3%24.8%
IV Percentile74.1%40.5%96.0%93.3%52.0%
Term Structure-3.5%-82.8%15.4%2.7%7.9%
VWIV155.0%130.6%192.6%187.0%135.0%
Skew 25d-28.0%-38.6%-17.8%-23.9%-24.2%
Skew 10d-44.4%-81.0%4.9%-35.4%-46.3%
Call IV 25d172.4%145.5%221.7%190.5%146.0%
Put IV 25d144.4%121.8%188.6%166.6%121.8%
Bid-Ask Spread %20.0610.1637.0416.1128.42
Gamma HHI0.140.080.370.170.11
Net GEX565.9K-380.4K1.1M561.6K421.0K
Net DEX-91.0M-230.3M-20.9M-80.6M-32.7M
Net VEX-361.3K-479.9K-234.0K-241.0K-429.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.220.670.650.38
Total Volume167,419.3559,403452,143344,38363,109
Total OI536,889.4417,569658,110636,215618,878

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$5.96$4.00172.2%52.6%256.6%47.3%187.0%-23.9%2.7%561.6K-80.6M-241.0K0.6516.11N/AN/A208,697135,686410,666225,549
2024-03-04$5.59$4.50141.4%39.0%259.2%32.8%141.3%-26.9%3.2%307.4K-60.7M-244.2K0.5217.05N/AN/A95,70849,429268,897152,419
2024-03-05$4.92$5.00124.1%34.5%266.2%24.7%130.6%-27.1%-1.9%110.3K-32.4M-234.0K0.5517.41N/AN/A71,80539,203287,808170,718
2024-03-06$5.01$5.00120.9%35.2%266.5%23.3%131.3%-18.1%15.4%164.4K-36.6M-248.6K0.3121.59N/AN/A49,96415,629300,373181,013
2024-03-07$5.75$5.00133.5%39.1%267.0%29.2%143.9%-32.2%2.6%517.0K-70.8M-281.4K0.2213.60N/AN/A119,18725,772307,611184,499
2024-03-08$5.81$5.00132.9%38.1%266.4%28.8%135.8%-32.2%9.5%457.0K-76.0M-286.5K0.3413.46N/AN/A72,10124,610328,919187,719
2024-03-11$6.01$5.00131.9%37.6%264.5%28.4%138.1%-28.5%0.4%546.1K-79.4M-289.0K0.3217.60N/AN/A53,34517,058266,382151,187
2024-03-12$6.94$5.00137.1%38.5%266.6%30.8%139.5%-38.6%-3.4%873.0K-120.8M-307.3K0.2317.06N/AN/A115,91426,254282,037155,391
2024-03-13$8.34$5.00193.6%53.2%267.4%57.3%187.7%-34.9%-5.1%875.3K-184.0M-342.9K0.2617.78N/AN/A283,94273,314301,826162,275
2024-03-14$8.32$5.00191.9%54.0%267.5%56.5%192.6%-33.2%-5.3%1.1M-230.3M-393.4K0.3314.57N/AN/A339,494112,649399,369192,150
2024-03-15$8.79$5.50187.4%53.1%209.4%54.4%184.8%-31.4%-4.9%892.0K-215.4M-441.1K0.2715.43N/AN/A228,05960,831395,314225,568
2024-03-18$8.25$5.50175.2%50.0%212.7%48.7%177.9%-31.2%-3.7%1.1M-149.6M-440.0K0.4110.16N/AN/A109,81845,130337,113150,672
2024-03-19$8.16$5.50164.8%47.2%213.4%43.8%170.0%-31.6%2.1%1.1M-142.5M-442.5K0.5113.64N/AN/A120,21460,731359,196173,499
2024-03-20$7.91$5.50157.3%45.1%212.4%40.3%159.6%-31.2%-1.4%1.1M-125.6M-479.9K0.5216.56N/AN/A92,05848,061385,498198,119
2024-03-21$6.89$6.00147.2%42.2%221.2%35.6%157.0%-24.6%-1.9%293.6K-63.2M-454.2K0.5224.83N/AN/A124,48764,910402,947216,134
2024-03-22$6.04$6.50145.3%41.5%227.8%34.7%152.4%-27.3%-2.6%-380.4K-20.9M-421.1K0.6734.19N/AN/A99,29066,293425,514232,596
2024-03-25$5.81$6.50139.5%40.3%183.3%31.9%148.4%-23.8%-82.8%324.9K-31.0M-412.1K0.3337.04N/AN/A70,18523,106346,013195,650
2024-03-26$5.78$6.00141.1%39.3%165.9%32.7%146.3%-21.6%-2.0%414.7K-32.6M-414.2K0.2924.78N/AN/A64,34618,595365,163201,080
2024-03-27$5.91$6.00110.7%36.2%162.9%18.5%140.4%-17.8%1.0%565.4K-35.2M-423.4K0.4829.91N/AN/A40,19819,205385,408206,618
2024-03-28$5.88$7.00124.2%35.8%154.6%24.8%135.0%-24.2%7.9%421.0K-32.7M-429.3K0.3828.42N/AN/A45,71917,390405,464213,414