SOUN Options History — September 2025

In September 2025, SOUN traded between $12.70 and $18.18. ATM implied volatility averaged 89.4%, placing in the 24.1% IV rank vs the trailing year. The 30-day expected move averaged 25.5%. IV traded above realized volatility by 4.3% (HV 20d: 85.1%). Max pain ranged from $12.00 to $14.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.26.

Notable Days

  • 2025-09-23: Highest Volume — 479,993 contracts
  • 2025-09-03: Largest IV drop — 18.6% change
  • 2025-09-23: Highest IV Rank — 32.7%
  • 2025-09-23: Largest Expected Move — 29.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.22$12.70$18.18$13.32$15.93
Max Pain$12.57$12.00$14.00$12.00$14.00
ATM IV89.4%78.4%101.2%96.4%89.1%
Expected Move25.5%22.9%29.4%23.9%25.9%
HV 20d85.1%64.6%126.0%122.8%75.3%
HV 60d94.8%92.5%96.2%92.8%94.8%
IV Rank24.1%16.1%32.7%29.2%23.0%
IV Percentile36.5%21.8%54.8%48.8%34.1%
Term Structure0.7%-5.6%6.8%2.0%6.8%
VWIV91.3%82.2%104.4%84.0%92.9%
Skew 25d-16.4%-25.2%-1.4%-1.4%-18.4%
Skew 10d-25.8%-54.6%22.8%-11.7%-38.4%
Call IV 25d101.7%83.1%120.6%83.1%103.1%
Put IV 25d85.4%76.3%98.1%81.7%84.6%
Bid-Ask Spread %15.473.6324.603.6323.68
Gamma HHI0.170.070.300.070.13
Net GEX8.6M4.6M15.8M4.9M8.7M
Net DEX-513.3M-862.0M-234.0M-284.9M-492.4M
Net VEX-1.8M-2.1M-1.3M-1.4M-2.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.090.450.230.26
Total Volume224,408.429100,482479,993117,710100,482
Total OI1,018,427.286808,9591,150,955808,9591,108,119

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$13.32$12.0096.4%23.9%122.8%29.2%84.0%-1.4%2.0%4.9M-284.9M-1.4M0.233.63N/AN/A96,07721,633582,240226,719
2025-09-03$12.70$12.0078.4%22.9%123.9%16.1%82.2%-9.5%-5.6%4.6M-234.0M-1.3M0.2713.02N/AN/A106,02928,510609,077238,446
2025-09-04$13.23$12.0080.4%23.1%123.8%17.5%84.3%-7.7%3.5%6.2M-289.6M-1.4M0.0924.58N/AN/A241,70322,392619,793243,117
2025-09-05$14.39$12.0080.3%23.5%126.0%17.4%83.7%-15.1%-0.2%8.7M-477.8M-1.6M0.1624.60N/AN/A293,29946,969708,457250,213
2025-09-08$15.41$12.0087.8%24.9%94.6%22.9%87.3%-12.8%-0.5%8.5M-567.6M-1.7M0.168.09N/AN/A273,03443,870689,705237,154
2025-09-09$14.88$12.0087.2%25.1%80.0%22.5%87.7%-15.0%0.0%9.3M-523.6M-1.8M0.2312.99N/AN/A148,22034,597742,494247,194
2025-09-10$14.04$12.0086.7%24.8%82.1%22.1%90.2%-11.8%2.6%7.8M-413.4M-1.7M0.259.27N/AN/A143,37036,249752,700263,521
2025-09-11$14.73$12.0084.6%24.6%84.0%20.6%86.9%-14.3%1.7%10.3M-503.0M-1.7M0.2111.14N/AN/A119,57125,557761,530269,004
2025-09-12$14.16$12.0082.2%23.8%84.3%18.9%85.4%-13.6%1.2%7.0M-422.7M-1.7M0.267.48N/AN/A99,39625,356761,474277,704
2025-09-15$14.11$12.0087.1%25.0%82.4%22.4%91.0%-16.4%3.3%7.2M-403.3M-1.7M0.3612.27N/AN/A139,96649,856717,854255,392
2025-09-16$14.68$12.0088.1%25.3%82.4%23.1%88.8%-14.8%-2.8%8.7M-491.3M-1.8M0.2221.23N/AN/A87,00019,085769,635284,962
2025-09-17$15.23$12.0087.6%25.1%71.4%22.8%89.2%-18.6%-2.7%10.6M-576.5M-1.8M0.3123.54N/AN/A123,70938,565780,706290,611
2025-09-18$15.68$13.0097.4%27.9%65.7%29.9%98.1%-25.2%-0.9%11.3M-643.8M-1.9M0.1810.77N/AN/A278,13551,322789,713306,872
2025-09-19$16.09$13.0094.2%26.8%64.6%27.6%96.6%-23.3%3.6%15.8M-721.8M-2.0M0.2310.23N/AN/A230,80453,769830,810320,022
2025-09-22$17.23$13.0097.8%27.5%67.2%30.2%98.2%-21.9%-2.5%9.6M-733.8M-2.0M0.3919.12N/AN/A273,324107,453713,350224,606
2025-09-23$18.18$13.00101.2%29.4%66.1%32.7%104.4%-22.5%-0.5%11.1M-862.0M-2.1M0.2519.02N/AN/A383,23896,755782,729296,553
2025-09-24$17.61$13.0095.9%28.3%67.3%28.8%100.9%-22.2%2.6%10.5M-719.4M-2.1M0.3516.52N/AN/A118,38040,856781,733334,317
2025-09-25$16.42$13.0095.3%27.4%74.1%28.4%98.3%-21.3%-1.7%4.9M-521.2M-2.0M0.4515.96N/AN/A234,569104,441790,215344,830
2025-09-26$15.98$14.0089.9%25.8%74.5%24.4%93.2%-19.7%0.9%8.6M-484.3M-2.0M0.4018.42N/AN/A157,83662,821801,865349,090
2025-09-29$15.52$14.0091.1%25.0%75.4%25.2%93.8%-18.1%4.4%6.3M-413.7M-1.9M0.2819.28N/AN/A120,53433,845732,003300,444
2025-09-30$15.93$14.0089.1%25.9%75.3%23.0%92.9%-18.4%6.8%8.7M-492.4M-2.0M0.2623.68N/AN/A79,80920,673781,626326,493