SOUN Options History — April 2025

In April 2025, SOUN traded between $7.01 and $9.71. ATM implied volatility averaged 112.1%, placing in the 43.0% IV rank vs the trailing year. The 30-day expected move averaged 33.9%. IV traded above realized volatility by 6.1% (HV 20d: 106.1%). Max pain ranged from $9.00 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.43.

Notable Days

2025-04-24: Highest Volume — 80,862 contracts
2025-04-11: Largest IV spike — 44.3% change
2025-04-07: Highest IV Rank — 61.6%
2025-04-08: Largest Expected Move — 39.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.36	$7.01	$9.71	$8.14	$9.25
Max Pain	$9.05	$9.00	$10.00	$10.00	$9.00
ATM IV	112.1%	87.8%	138.6%	96.0%	107.7%
Expected Move	33.9%	30.3%	39.8%	30.3%	33.8%
HV 20d	106.1%	91.1%	117.4%	97.0%	109.6%
HV 60d	122.2%	119.1%	126.1%	122.7%	121.4%
IV Rank	43.0%	26.0%	61.6%	31.7%	39.9%
IV Percentile	63.6%	36.5%	92.9%	46.0%	58.7%
Term Structure	1.6%	-9.4%	42.2%	9.1%	-0.6%
VWIV	118.4%	107.3%	137.4%	107.3%	118.3%
Skew 25d	2.1%	-12.6%	35.3%	-4.5%	-3.4%
Skew 10d	-5.7%	-52.4%	39.5%	-12.2%	-6.5%
Call IV 25d	112.9%	98.7%	131.3%	98.7%	106.6%
Put IV 25d	115.0%	94.2%	166.7%	94.2%	103.2%
Bid-Ask Spread %	24.45	13.70	44.23	18.23	22.40
Gamma HHI	0.09	0.06	0.44	0.07	0.10
Net GEX	725.5K	124.7K	3.0M	216.7K	1.2M
Net DEX	-32.4M	-111.6M	22.4M	3.9M	-88.2M
Net VEX	-867.2K	-971.9K	-745.8K	-872.3K	-934.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.43	0.19	0.77	0.69	0.53
Total Volume	49,451	22,046	80,862	39,003	30,913
Total OI	697,010.905	514,639	812,577	758,310	581,717

Daily Data (21 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
2025-04-01	$8.14	$10.00	96.0%	30.3%	97.0%	31.7%	107.3%	-4.5%	9.1%	216.7K	3.9M	-872.3K	0.69	18.23	N/A	N/A	23,072	15,931	475,200	283,110
2025-04-02	$8.61	$9.00	99.4%	31.1%	99.1%	34.1%	110.0%	-5.5%	6.4%	480.6K	-20.9M	-940.1K	0.26	16.73	N/A	N/A	53,522	13,983	482,282	292,857
2025-04-03	$8.27	$9.00	106.0%	32.2%	97.6%	38.7%	112.7%	-3.6%	10.4%	525.0K	-10.5M	-912.0K	0.52	17.86	N/A	N/A	24,069	12,436	501,237	296,677
2025-04-04	$7.38	$9.00	131.2%	39.3%	103.4%	56.4%	136.6%	6.9%	-0.5%	127.0K	21.0M	-812.6K	0.58	26.26	N/A	N/A	49,490	28,591	505,755	297,320
2025-04-07	$7.61	$9.00	138.6%	39.1%	91.1%	61.6%	136.4%	22.0%	-3.8%	155.3K	7.0M	-828.7K	0.50	13.70	N/A	N/A	43,397	21,493	466,621	287,339
2025-04-08	$7.01	$9.00	131.9%	39.8%	94.8%	56.9%	137.4%	-12.6%	9.4%	124.7K	22.4M	-760.6K	0.41	19.30	N/A	N/A	38,539	15,655	487,252	297,012
2025-04-09	$8.54	$9.00	116.1%	34.4%	116.4%	45.8%	118.1%	-0.1%	11.0%	691.4K	-26.0M	-915.2K	0.35	25.04	N/A	N/A	55,733	19,476	501,687	298,463
2025-04-10	$8.07	$9.00	87.8%	37.8%	117.4%	26.0%	128.9%	35.3%	42.2%	505.0K	-8.0M	-867.3K	0.77	44.23	N/A	N/A	26,120	20,127	509,573	301,025
2025-04-11	$8.25	$9.00	126.7%	37.2%	106.0%	53.2%	127.6%	12.4%	2.3%	305.4K	-16.3M	-878.6K	0.50	28.42	N/A	N/A	22,519	11,267	514,296	298,281
2025-04-14	$8.21	$9.00	118.2%	33.7%	106.0%	47.3%	117.2%	3.3%	-5.1%	374.1K	-5.0M	-850.2K	0.35	21.65	N/A	N/A	32,883	11,596	477,477	287,051
2025-04-15	$8.18	$9.00	109.4%	31.4%	104.8%	41.1%	109.4%	-0.6%	1.7%	486.2K	-4.2M	-834.7K	0.27	31.83	N/A	N/A	28,092	7,681	490,489	284,639
2025-04-16	$7.71	$9.00	111.9%	32.1%	105.5%	42.8%	112.8%	1.4%	-9.4%	152.0K	8.8M	-774.4K	0.40	26.26	N/A	N/A	30,511	12,301	496,097	282,375
2025-04-17	$7.87	$9.00	110.5%	31.6%	106.1%	41.8%	110.1%	2.8%	-6.7%	396.2K	4.6M	-782.0K	0.45	27.09	N/A	N/A	25,302	11,432	497,715	275,227
2025-04-21	$7.54	$9.00	114.3%	32.7%	106.2%	44.5%	114.9%	0.5%	-8.7%	331.9K	-24.0M	-745.8K	0.23	26.63	N/A	N/A	21,203	4,885	326,384	188,255
2025-04-22	$8.14	$9.00	109.5%	32.4%	109.2%	41.2%	113.5%	-1.9%	-3.3%	649.9K	-45.5M	-812.1K	0.19	22.44	N/A	N/A	41,625	8,098	335,680	189,279
2025-04-23	$8.75	$9.00	107.2%	31.1%	113.1%	39.6%	112.0%	2.7%	-4.5%	1.2M	-71.0M	-873.8K	0.36	25.89	N/A	N/A	42,920	15,457	353,429	191,786
2025-04-24	$9.36	$9.00	107.3%	32.1%	113.4%	39.6%	113.0%	1.3%	-3.1%	1.6M	-103.1M	-927.0K	0.59	25.18	N/A	N/A	50,963	29,899	366,776	197,152
2025-04-25	$9.50	$9.00	107.6%	32.9%	112.2%	39.8%	115.1%	-3.6%	-3.6%	3.0M	-111.6M	-953.9K	0.24	25.26	N/A	N/A	63,689	15,521	379,197	206,193
2025-04-28	$9.71	$9.00	107.1%	33.5%	109.7%	39.5%	118.0%	-2.6%	-2.7%	1.3M	-109.4M	-963.8K	0.38	26.61	N/A	N/A	26,033	10,001	365,940	193,528
2025-04-29	$9.52	$9.00	110.8%	33.3%	108.9%	42.1%	117.4%	-5.2%	-7.1%	1.3M	-104.2M	-971.9K	0.51	22.53	N/A	N/A	14,580	7,466	376,956	197,900
2025-04-30	$9.25	$9.00	107.7%	33.8%	109.6%	39.9%	118.3%	-3.4%	-0.6%	1.2M	-88.2M	-934.5K	0.53	22.40	N/A	N/A	20,178	10,735	381,441	200,276