SOUN Options History — January 2025

In January 2025, SOUN traded between $12.86 and $20.68. ATM implied volatility averaged 126.1%, placing in the 32.2% IV rank vs the trailing year. The 30-day expected move averaged 35.3%. IV traded below realized volatility by 20.1% (HV 20d: 146.1%). Max pain ranged from $10.00 to $18.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.50.

Notable Days

2025-01-08: Highest Volume — 301,541 contracts
2025-01-24: Largest IV drop — 6.6% change
2025-01-06: Highest IV Rank — 37.2%
2025-01-03: Largest Expected Move — 40.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$15.54	$12.86	$20.68	$20.03	$14.11
Max Pain	$15.35	$10.00	$18.00	$10.00	$15.00
ATM IV	126.1%	116.6%	137.8%	130.8%	121.5%
Expected Move	35.3%	30.7%	40.4%	38.1%	30.7%
HV 20d	146.1%	117.5%	174.7%	174.7%	117.5%
HV 60d	149.4%	140.1%	154.0%	140.3%	150.6%
IV Rank	32.2%	28.1%	37.2%	34.2%	30.2%
IV Percentile	72.7%	63.9%	82.9%	78.6%	66.3%
Term Structure	2.6%	-6.4%	13.2%	0.8%	2.2%
VWIV	127.2%	112.2%	142.9%	136.5%	112.2%
Skew 25d	-14.3%	-31.5%	19.6%	-31.5%	-14.7%
Skew 10d	-27.2%	-77.4%	53.3%	-49.7%	-48.9%
Call IV 25d	135.9%	104.1%	156.2%	156.2%	131.5%
Put IV 25d	121.6%	108.5%	133.3%	124.7%	116.9%
Bid-Ask Spread %	16.84	7.63	29.44	17.20	29.44
Gamma HHI	0.09	0.04	0.50	0.06	0.09
Net GEX	2.0M	-284.2K	6.4M	3.0M	1.8M
Net DEX	-283.2M	-653.9M	-144.5M	-572.3M	-166.0M
Net VEX	-1.4M	-1.6M	-1.1M	-1.4M	-1.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.50	0.29	0.91	0.44	0.47
Total Volume	184,567.4	74,448	301,541	172,981	176,746
Total OI	842,693.9	665,787	962,312	899,505	829,716

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-01-02	$20.03	$10.00	130.8%	38.1%	174.7%	34.2%	136.5%	-31.5%	0.8%	3.0M	-572.3M	-1.4M	0.44	17.20	N/A	N/A	120,256	52,725	537,645	361,860
2025-01-03	$20.68	$10.00	135.5%	40.4%	171.6%	36.2%	142.9%	9.2%	-6.4%	5.3M	-653.9M	-1.4M	0.54	24.38	N/A	N/A	187,904	101,251	579,422	370,398
2025-01-06	$19.94	$18.00	137.8%	38.4%	144.2%	37.2%	135.7%	-17.7%	-1.5%	2.9M	-564.8M	-1.4M	0.56	10.52	N/A	N/A	155,970	86,651	504,771	335,909
2025-01-07	$18.01	$18.00	135.0%	37.8%	146.0%	36.0%	135.9%	-17.0%	-2.5%	1.1M	-399.1M	-1.4M	0.43	8.86	N/A	N/A	119,533	51,108	530,809	365,456
2025-01-08	$15.04	$18.00	133.7%	37.0%	160.7%	35.4%	135.5%	-14.2%	-1.3%	580.9K	-200.5M	-1.2M	0.91	7.63	N/A	N/A	158,290	143,251	547,993	374,745
2025-01-10	$14.00	$18.00	125.8%	36.3%	161.6%	32.0%	131.3%	19.6%	1.9%	-284.2K	-155.9M	-1.1M	0.62	8.21	N/A	N/A	131,029	81,685	571,733	390,579
2025-01-13	$12.86	$17.00	121.8%	34.7%	163.9%	30.4%	126.2%	-13.2%	0.4%	550.2K	-156.0M	-1.1M	0.52	14.98	N/A	N/A	92,984	48,274	491,120	335,588
2025-01-14	$12.86	$16.00	128.4%	36.3%	163.8%	33.1%	133.5%	-18.1%	-2.0%	807.8K	-170.1M	-1.1M	0.35	12.73	N/A	N/A	110,486	38,734	518,488	347,642
2025-01-15	$13.91	$16.00	129.4%	37.4%	144.8%	33.6%	134.9%	-13.3%	1.8%	1.9M	-245.9M	-1.2M	0.41	12.26	N/A	N/A	116,806	47,805	549,472	354,235
2025-01-16	$14.09	$16.00	128.5%	36.0%	136.0%	33.2%	130.4%	-15.9%	-2.5%	2.2M	-257.2M	-1.3M	0.39	12.79	N/A	N/A	99,782	38,465	571,056	365,658
2025-01-17	$13.77	$15.00	121.6%	34.6%	135.8%	30.3%	123.0%	-15.3%	-0.5%	1.1M	-228.2M	-1.2M	0.40	19.21	N/A	N/A	166,736	66,106	582,220	365,406
2025-01-21	$16.23	$15.00	118.5%	33.9%	149.9%	28.9%	122.4%	-20.1%	4.5%	2.2M	-290.9M	-1.4M	0.52	13.96	N/A	N/A	165,868	86,418	417,737	248,050
2025-01-22	$16.38	$15.00	123.7%	35.5%	149.3%	31.2%	123.7%	-20.4%	6.8%	3.0M	-317.5M	-1.5M	0.47	10.93	N/A	N/A	114,341	54,254	459,409	281,804
2025-01-23	$16.52	$15.00	124.8%	35.1%	140.4%	31.6%	123.8%	-17.9%	13.2%	3.7M	-337.8M	-1.6M	0.29	14.63	N/A	N/A	149,728	42,718	483,864	294,045
2025-01-24	$15.96	$15.00	116.6%	32.4%	140.1%	28.1%	116.6%	-17.6%	11.3%	6.4M	-296.2M	-1.6M	0.43	17.31	N/A	N/A	166,995	71,986	511,745	303,967
2025-01-27	$14.11	$15.00	120.9%	33.4%	145.4%	30.0%	122.3%	-19.1%	11.7%	1.0M	-163.4M	-1.4M	0.65	23.56	N/A	N/A	82,139	53,016	449,753	273,881
2025-01-28	$14.23	$15.00	122.6%	32.6%	125.4%	30.7%	119.7%	-12.5%	2.1%	1.0M	-170.5M	-1.4M	0.68	22.25	N/A	N/A	90,384	61,369	460,677	290,898
2025-01-29	$14.18	$15.00	123.8%	33.2%	125.7%	31.2%	120.8%	-18.8%	8.1%	1.2M	-172.2M	-1.4M	0.39	26.47	N/A	N/A	53,426	21,022	481,517	307,653
2025-01-30	$13.84	$15.00	120.6%	31.9%	125.4%	29.9%	116.3%	-17.1%	4.2%	826.0K	-144.5M	-1.4M	0.47	29.41	N/A	N/A	57,810	27,297	495,979	310,978
2025-01-31	$14.11	$15.00	121.5%	30.7%	117.5%	30.2%	112.2%	-14.7%	2.2%	1.8M	-166.0M	-1.4M	0.47	29.44	N/A	N/A	120,275	56,471	511,072	318,644