SOUN Options History — May 2024

In May 2024, SOUN traded between $4.46 and $5.47. ATM implied volatility averaged 97.0%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 27.5%. IV traded above realized volatility by 7.6% (HV 20d: 89.4%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.30.

Notable Days

  • 2024-05-10: Highest Volume — 203,481 contracts
  • 2024-05-10: Largest IV drop — 20.8% change
  • 2024-05-01: Highest IV Rank — 21.9%
  • 2024-05-01: Largest Expected Move — 35.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.98$4.46$5.47$4.46$5.03
Max Pain$4.86$4.00$5.00$5.00$5.00
ATM IV97.0%76.1%118.1%118.1%76.1%
Expected Move27.5%22.2%35.5%35.5%23.1%
HV 20d89.4%75.6%105.0%95.1%76.2%
HV 60d146.4%101.6%182.0%182.0%101.7%
IV Rank12.1%2.3%21.9%21.9%2.3%
IV Percentile24.7%0.8%49.2%47.6%0.8%
Term Structure-2.2%-35.4%10.2%-4.6%3.4%
VWIV98.9%77.7%128.3%128.3%81.2%
Skew 25d-9.0%-15.9%13.2%-11.4%13.2%
Skew 10d-6.5%-42.0%48.2%6.9%24.2%
Call IV 25d103.8%72.3%124.6%124.2%72.3%
Put IV 25d94.8%74.6%118.8%112.8%85.5%
Bid-Ask Spread %37.7218.6350.6643.0632.21
Gamma HHI0.290.170.520.240.52
Net GEX1.0M621.1K1.8M621.1K1.5M
Net DEX-47.0M-75.7M-25.1M-25.1M-38.7M
Net VEX-388.7K-422.8K-335.5K-335.5K-370.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.110.680.180.31
Total Volume52,524.77313,940203,48138,41313,940
Total OI539,358.682476,029610,987480,485521,697

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$4.46$5.00118.1%35.5%95.1%21.9%128.3%-11.4%-4.6%621.1K-25.1M-335.5K0.1843.06N/AN/A32,5855,828327,549152,936
2024-05-02$4.51$5.00116.2%33.6%93.6%21.1%123.7%-12.3%-5.7%765.6K-31.9M-356.3K0.3844.18N/AN/A11,2364,314354,457155,528
2024-05-03$4.50$5.00108.0%34.8%93.3%17.2%123.3%2.6%10.2%1.1M-30.1M-355.2K0.2845.59N/AN/A20,4955,719367,179156,148
2024-05-06$5.12$4.00115.3%31.5%104.6%20.6%107.2%-9.5%-9.4%838.0K-56.9M-390.8K0.1634.00N/AN/A97,97016,094348,228152,596
2024-05-07$4.92$4.00116.6%31.8%105.0%21.2%110.5%-3.0%-9.8%985.6K-50.6M-387.3K0.2728.62N/AN/A35,2179,489381,055158,291
2024-05-08$4.83$4.00113.5%31.3%101.0%19.8%109.0%-11.3%-3.2%969.8K-47.5M-385.6K0.6843.25N/AN/A38,58226,085392,095162,349
2024-05-09$4.79$5.00118.0%31.1%99.4%21.9%115.3%-13.1%0.1%962.5K-46.5M-391.1K0.5938.15N/AN/A48,06728,234397,792169,462
2024-05-10$5.08$5.0093.4%26.0%96.5%10.4%91.6%-13.2%0.5%1.2M-62.2M-397.9K0.1944.37N/AN/A171,62831,853421,002186,809
2024-05-13$5.46$5.00108.2%30.4%91.3%17.3%108.1%-15.5%-0.6%1.3M-75.7M-421.5K0.1441.94N/AN/A87,74912,629388,506168,744
2024-05-14$5.33$5.00101.8%28.4%92.3%14.3%101.2%-11.1%-1.3%1.5M-70.3M-422.8K0.3148.24N/AN/A58,67018,058412,740173,634
2024-05-15$5.30$5.00102.7%27.1%91.6%14.7%96.9%-13.6%-10.4%1.6M-63.7M-415.9K0.2438.70N/AN/A24,2895,812418,708178,800
2024-05-16$5.08$5.0090.3%25.1%92.2%8.9%97.3%-15.9%-4.7%1.8M-49.1M-404.9K0.2137.76N/AN/A25,3995,287422,171181,921
2024-05-17$5.09$5.0086.8%24.3%84.8%7.3%98.6%-10.2%-2.1%682.4K-58.4M-404.0K0.4147.22N/AN/A40,69316,555426,094184,893
2024-05-20$5.47$5.0089.9%25.6%85.7%8.7%92.4%-9.4%3.2%904.2K-61.2M-419.8K0.1618.63N/AN/A41,5776,620326,586149,443
2024-05-21$5.13$5.0087.9%25.1%84.7%7.8%90.3%-15.2%7.8%880.1K-48.3M-405.2K0.3825.12N/AN/A22,4158,432345,038152,748
2024-05-22$5.04$5.0087.6%25.1%82.9%7.7%93.3%-8.8%3.7%843.9K-44.4M-402.5K0.2732.76N/AN/A30,3228,048356,374157,695
2024-05-23$4.97$5.0085.7%24.4%82.7%6.8%87.4%-9.6%3.4%783.5K-37.7M-390.8K0.1150.66N/AN/A50,6605,580373,025162,052
2024-05-24$5.04$5.0079.9%22.7%81.5%4.0%83.8%-7.7%5.0%846.1K-43.6M-390.1K0.4226.04N/AN/A19,3218,040384,618164,778
2024-05-28$4.92$5.0081.9%22.5%80.2%5.0%77.7%-3.6%-0.3%776.0K-34.3M-374.0K0.3039.39N/AN/A17,4115,142347,761156,530
2024-05-29$4.71$5.0080.2%22.2%76.5%4.2%78.8%-13.2%-35.4%672.8K-26.4M-360.7K0.4235.87N/AN/A13,0835,502353,386158,326
2024-05-30$4.87$5.0076.1%22.6%75.6%2.3%80.8%-6.0%1.9%822.7K-32.2M-370.0K0.2934.01N/AN/A16,1984,717355,814160,333
2024-05-31$5.03$5.0076.1%23.1%76.2%2.3%81.2%13.2%3.4%1.5M-38.7M-370.0K0.3132.21N/AN/A10,6783,262359,702161,995