SOUN Options History — February 2026

In February 2026, SOUN traded between $7.31 and $8.98. ATM implied volatility averaged 100.6%, placing in the 48.0% IV rank vs the trailing year. The 30-day expected move averaged 27.9%. IV traded above realized volatility by 17.5% (HV 20d: 83.1%). Max pain ranged from $9.00 to $10.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.45.

Notable Days

  • 2026-02-27: Highest Volume — 147,638 contracts
  • 2026-02-27: Largest IV drop — 15.5% change
  • 2026-02-19: Highest IV Rank — 56.7%
  • 2026-02-24: Largest Expected Move — 31.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.08$7.31$8.98$8.36$8.64
Max Pain$9.58$9.00$10.00$10.00$9.00
ATM IV100.6%87.9%106.3%89.5%87.9%
Expected Move27.9%19.7%31.0%19.7%25.4%
HV 20d83.1%53.7%93.8%58.6%91.8%
HV 60d67.3%57.9%70.8%59.5%69.9%
IV Rank48.0%33.2%56.7%33.2%34.1%
IV Percentile64.0%38.1%73.8%41.7%38.1%
Term Structure-4.2%-15.7%2.0%-4.0%0.2%
VWIV102.2%71.3%117.9%71.3%92.0%
Skew 25d-3.3%-7.1%0.2%-5.1%0.0%
Skew 10d16.2%-34.1%167.9%2.5%4.7%
Call IV 25d106.0%90.7%113.8%96.1%90.7%
Put IV 25d102.7%90.7%108.6%91.0%90.7%
Bid-Ask Spread %19.988.1751.8637.519.64
Gamma HHI0.080.070.120.070.10
Net GEX651.9K-42.4K1.7M304.5K1.2M
Net DEX-1.1M-57.1M33.6M16.9M-31.2M
Net VEX-794.0K-913.3K-713.9K-799.6K-825.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.241.020.530.28
Total Volume59,318.05328,403147,63860,262147,638
Total OI649,981.737585,176698,432585,176698,432

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$8.36$10.0089.5%19.7%58.6%33.2%71.3%-5.1%-4.0%304.5K16.9M-799.6K0.5337.51N/AN/A39,46820,794390,762194,414
2026-02-03$8.20$10.0094.9%21.5%55.2%39.7%76.9%-2.9%-6.5%356.4K18.4M-789.1K0.5447.88N/AN/A32,74217,788405,310200,605
2026-02-04$8.14$10.0097.2%23.4%53.7%42.5%85.6%-5.9%2.0%432.5K15.0M-787.5K1.0251.86N/AN/A31,46432,189416,472204,979
2026-02-05$7.33$10.00102.6%27.8%62.2%48.8%104.2%-1.4%-15.7%-42.4K33.6M-714.2K0.8611.35N/AN/A32,99228,300424,125216,257
2026-02-06$8.66$10.0096.7%28.2%91.1%41.8%99.7%-4.0%-5.9%618.0K-22.7M-902.1K0.2724.16N/AN/A82,62522,687437,949220,430
2026-02-09$8.80$10.00102.2%27.9%87.7%48.4%103.7%-4.1%-3.5%966.8K-24.0M-913.3K0.2611.39N/AN/A47,77412,572421,038211,180
2026-02-10$8.38$10.00103.4%28.2%88.5%49.8%103.0%-6.2%-3.5%952.5K-11.5M-877.6K0.3320.18N/AN/A24,5368,094441,410215,022
2026-02-11$7.83$10.00102.2%28.4%89.7%48.4%102.9%-3.7%-1.6%305.5K19.0M-773.7K0.2817.52N/AN/A32,6709,252447,490221,483
2026-02-12$7.50$10.00101.4%28.4%89.2%47.5%103.6%-6.1%-2.7%220.9K25.4M-738.7K0.3526.67N/AN/A23,8518,266457,335223,276
2026-02-13$7.46$10.00102.4%29.1%89.3%48.7%111.1%-1.8%-1.7%318.9K19.7M-744.1K0.5828.82N/AN/A26,15515,253465,647220,459
2026-02-17$7.31$10.00106.3%30.4%88.5%53.3%117.9%-5.7%-4.6%97.0K20.5M-713.9K0.908.75N/AN/A32,05228,918424,100214,444
2026-02-18$7.54$9.00103.4%29.6%88.9%49.8%106.7%-4.1%-2.5%230.6K17.3M-716.7K0.3111.63N/AN/A26,8988,217440,394225,409
2026-02-19$7.79$9.00105.3%30.5%90.3%56.7%109.5%-3.2%-7.3%847.4K5.2M-732.4K0.379.16N/AN/A20,7747,629453,468226,693
2026-02-20$7.84$9.00102.2%29.7%89.4%52.7%108.4%-7.1%-5.4%698.2K-1.7M-754.8K0.3515.32N/AN/A39,25713,623462,656228,252
2026-02-23$7.88$9.00104.3%30.6%88.6%55.4%110.1%-1.3%-4.1%757.6K-4.9M-749.4K0.379.10N/AN/A31,06211,416405,826198,253
2026-02-24$8.30$9.00103.8%31.0%91.0%54.8%113.9%-0.5%-4.1%1.1M-22.0M-802.6K0.4415.81N/AN/A40,95318,202421,750201,359
2026-02-25$8.54$9.00101.2%30.5%91.8%51.4%109.5%-0.1%-7.7%1.3M-37.7M-858.5K0.248.17N/AN/A44,47210,589437,087209,952
2026-02-26$8.98$9.00104.0%30.7%93.8%55.1%111.2%0.2%-1.8%1.7M-57.1M-892.0K0.3314.71N/AN/A72,19723,674451,615214,320
2026-02-27$8.64$9.0087.9%25.4%91.8%34.1%92.0%0.0%0.2%1.2M-31.2M-825.6K0.289.64N/AN/A115,14632,492475,108223,324