SOUN Options History — November 2025

In November 2025, SOUN traded between $11.02 and $17.18. ATM implied volatility averaged 94.8%, placing in the 21.4% IV rank vs the trailing year. The 30-day expected move averaged 27.8%. IV traded above realized volatility by 21.5% (HV 20d: 73.3%). Max pain ranged from $13.00 to $16.00. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.45.

Notable Days

2025-11-07: Highest Volume — 508,492 contracts
2025-11-07: Largest IV drop — 10.0% change
2025-11-03: Highest IV Rank — 41.2%
2025-11-03: Largest Expected Move — 36.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$13.00	$11.02	$17.18	$17.18	$11.95
Max Pain	$14.53	$13.00	$16.00	$16.00	$13.00
ATM IV	94.8%	81.6%	119.6%	119.6%	81.6%
Expected Move	27.8%	24.2%	36.6%	36.6%	24.3%
HV 20d	73.3%	66.6%	84.5%	70.0%	74.3%
HV 60d	78.2%	76.3%	79.8%	79.7%	77.3%
IV Rank	21.4%	10.9%	41.2%	41.2%	10.9%
IV Percentile	33.9%	12.3%	71.8%	71.8%	12.3%
Term Structure	-2.3%	-21.5%	7.5%	-8.6%	-0.7%
VWIV	102.5%	88.6%	137.9%	134.6%	88.6%
Skew 25d	-9.9%	-42.0%	-1.1%	-23.0%	-6.0%
Skew 10d	-19.3%	-77.8%	37.9%	-70.0%	2.2%
Call IV 25d	103.1%	86.5%	154.2%	131.3%	86.5%
Put IV 25d	93.2%	79.9%	113.6%	108.3%	80.5%
Bid-Ask Spread %	37.47	17.56	55.92	17.56	47.07
Gamma HHI	0.16	0.07	0.36	0.11	0.16
Net GEX	1.1M	-4.8M	4.3M	4.3M	3.3M
Net DEX	-119.7M	-414.8M	36.1M	-414.8M	-150.1M
Net VEX	-1.4M	-1.9M	-1.1M	-1.9M	-1.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.45	0.25	0.91	0.46	0.26
Total Volume	142,253.421	38,731	508,492	76,876	38,842
Total OI	1,009,816.158	757,857	1,226,127	1,012,945	817,568

Daily Data (19 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
2025-11-03	$17.18	$16.00	119.6%	36.6%	70.0%	41.2%	134.6%	-23.0%	-8.6%	4.3M	-414.8M	-1.9M	0.46	17.56	N/A	N/A	52,560	24,316	673,150	339,795
2025-11-04	$15.14	$16.00	111.2%	36.6%	82.7%	34.4%	137.9%	-10.5%	-0.0%	1.6M	-209.5M	-1.7M	0.30	18.59	N/A	N/A	94,285	27,981	697,530	356,782
2025-11-05	$15.54	$16.00	114.9%	36.5%	82.1%	37.4%	136.5%	-13.0%	-3.6%	1.8M	-246.5M	-1.7M	0.53	19.85	N/A	N/A	53,632	28,534	711,538	368,164
2025-11-06	$14.52	$16.00	106.5%	30.6%	84.5%	30.7%	109.6%	-42.0%	-21.5%	455.9K	-145.8M	-1.6M	0.37	34.66	N/A	N/A	107,104	39,576	729,652	379,174
2025-11-07	$14.14	$16.00	95.9%	27.8%	83.0%	22.2%	101.5%	-8.9%	-0.8%	972.2K	-43.8M	-1.4M	0.91	38.75	N/A	N/A	266,049	242,443	772,543	393,304
2025-11-10	$14.46	$15.00	90.8%	26.1%	76.1%	18.2%	95.2%	-5.1%	0.4%	3.8M	-212.8M	-1.5M	0.29	24.60	N/A	N/A	99,375	28,420	696,457	308,973
2025-11-11	$13.57	$15.00	88.5%	25.4%	68.8%	16.3%	92.8%	-15.3%	0.0%	-110.9K	-116.2M	-1.4M	0.79	32.95	N/A	N/A	185,200	145,445	721,745	322,864
2025-11-12	$13.33	$15.00	89.8%	25.0%	66.6%	17.4%	93.7%	-4.4%	-1.6%	-633.8K	-99.5M	-1.4M	0.30	29.95	N/A	N/A	53,748	16,278	763,254	357,533
2025-11-13	$12.21	$15.00	87.8%	25.2%	70.3%	15.8%	91.9%	-4.3%	1.1%	-4.8M	36.1M	-1.2M	0.84	27.64	N/A	N/A	178,232	149,843	776,534	362,007
2025-11-14	$12.20	$14.00	86.5%	25.2%	66.9%	14.8%	92.9%	-5.3%	1.9%	-3.6M	29.8M	-1.2M	0.49	48.39	N/A	N/A	66,743	32,698	822,576	403,551
2025-11-17	$11.39	$14.00	88.6%	25.4%	68.0%	16.4%	98.1%	-5.9%	1.3%	760.1K	-28.2M	-1.1M	0.37	45.13	N/A	N/A	53,240	19,804	669,513	296,983
2025-11-18	$11.61	$14.00	93.3%	26.8%	69.3%	20.2%	98.9%	-7.7%	-3.4%	1.4M	-59.7M	-1.2M	0.27	47.78	N/A	N/A	63,134	16,975	680,584	303,418
2025-11-19	$11.54	$14.00	92.3%	26.5%	69.5%	19.4%	96.5%	-7.7%	-1.5%	1.7M	-54.6M	-1.1M	0.61	54.48	N/A	N/A	83,137	50,868	707,132	302,260
2025-11-20	$11.43	$14.00	92.8%	26.7%	67.5%	19.7%	99.7%	-9.7%	-6.4%	1.7M	-71.9M	-1.2M	0.26	41.14	N/A	N/A	128,710	33,267	726,083	310,126
2025-11-21	$11.02	$14.00	95.8%	26.8%	67.5%	22.2%	96.7%	-4.8%	7.5%	-232.1K	-51.3M	-1.2M	0.69	55.92	N/A	N/A	97,140	66,609	754,001	313,027
2025-11-24	$11.84	$13.00	91.4%	25.9%	74.7%	18.7%	96.8%	-9.1%	-4.3%	2.0M	-132.0M	-1.2M	0.25	46.83	N/A	N/A	55,455	13,636	540,984	216,873
2025-11-25	$12.09	$13.00	90.3%	26.0%	76.2%	17.8%	95.3%	-1.1%	-3.3%	2.8M	-157.4M	-1.3M	0.30	43.99	N/A	N/A	29,848	8,883	568,978	221,480
2025-11-26	$11.93	$13.00	83.8%	24.2%	75.2%	12.6%	90.5%	-5.1%	-0.3%	2.9M	-145.8M	-1.2M	0.27	36.64	N/A	N/A	40,150	10,655	577,470	222,901
2025-11-28	$11.95	$13.00	81.6%	24.3%	74.3%	10.9%	88.6%	-6.0%	-0.7%	3.3M	-150.1M	-1.3M	0.26	47.07	N/A	N/A	30,804	8,038	590,135	227,433