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SOFI

SoFi Technologies, Inc.Close $17.15EOD only

Max Pain

$17.00

Next expiry Jun 5, 2026

Expected Move

±$0.46

2.7% from close

Price Gap

-0.15

Distance to max pain

IV Rank

High premium

P/C OI

0.49

Slightly call-heavy

Consensus

7.0/10

Bullish tilt

Published snapshot: Jun 4, 2026 close

End-of-day snapshot

This page reflects SOFI options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Jun 4, 2026 close

SOFI Directional Report

Analysis based on market close June 5, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Outlook

Bullish flow and dealer pinning near $17 support recovery, but spot below MP and high vol pose risks. Short-term bullish bias to $17, hedge below $15.

Confidence:

7.5 / 10

Base 5; +2 GEX/flow aligned; +1 GEX positive pinning; -1 spot 5.7% from MP; +0.5 VIX 22

Supports: Bullish flow, positive gamma, gamma flip at $15 support, DEX +115M shares
Conflicts: Spot below MP, high vol, macro selloff (-2.6% SPY, -4.8% QQQ)

📈Bullish flow: Net premium positive, low P/C ratio

🎯Gamma pinning: $17 strike heavy OI, dealers hedging to pin

⚠️Vol risk: IV high, VIX 21.5, premiums elevated

🛡️Support at $15: Gamma flip and put OI concentration 77k

Regime Classification

Vol Regime

High

IV is High; VIX at 21.5 after 2.6% SPY drop

Gamma Regime

Pinning

Gamma +$49.4M, pinning; flip at $15 near support

Flow Regime

Bullish

Net premium bullish, P/C ratio favoring calls, aligned with dealer positions

Spot vs Max Pain

Below

Spot $16.03, 6% below max pain $17, pin potential

Thesis duration: Event-specific — Max pain and gamma pinning at $17 for nearby expiries, creating event-driven bias

Price Range Forecast

Next 1 week

$14.96$17.10

Key expiry pin at $17, support at $15 gamma flip

Next 2 weeks

$14.61$17.46

Resistance $17.46, support $14.61, macro risk

Key Levels

Max pain pins: $17 (2026-06-05); $17 (2026-06-12); $15 (2026-06-18)

EM guardrails: 1w $14.96/$17.10

Support: $15.00 · $14.61

Resistance: $17.00 · $17.46

Gamma flip: ~$15.00 — Approx — based on put OI concentration of 77,724 (6.4% below spot)

Structural: Max Pain $17; Support $15, $14.61; Resistance $17, $17.46; Gamma Flip ~$15

Dealer Positioning (GEX/DEX)

GEX: $+49.4M

DEX: +115.1M shares

Gamma flip: ~$15 (Approx — based on put OI concentration of 77,724 (6.4% below spot))

NTM gamma: GEX +$49.4M, DEX +115.1M shares, gamma flip at $15; dealers long gamma pinning to $17

IV Analysis

IV vs VIX: IV rich vs VIX; elevated single-stock vol due to selloff and high beta

Term structure: Contango: front-month elevated from event risk, back-month elevated

Skew: Positive skew (calls expensive); consider call spreads or put credit spreads near $15

Flow Analysis

Net premium: Positive $10.4M net premium, put/call volume ratio 0.44 indicates strong call buying.

Directional prints: 61 call 17 OTM 2026-07-10 — Vol/OI 33.8, likely bought; OTM call accumulation bullish. 67.1 put 11 OTM 2026-09-18 — Vol/OI 6.8, likely bought; OTM put for hedging.

Unusual: 61 call 17 OTM 2026-07-10 — Extreme vol/OI 33.8, concentrated OTM call buying. 67.1 put 11 OTM 2026-09-18 — High vol/OI 6.8, notable OTM put activity.

Risks & Catalysts

!VIX spike above 25

!Break below $15 gamma flip

!Macro selloff intensifies (SPY/QQQ -3% more)

!Missing earnings catalyst

Strategy Viability

Strategy	Edge	Best Setup	Primary Risk
Bull call spread	Moderate-Strong	Buy 2026-08-21 $20.00/$22.00 call spread Why now: Strong call flow and OTM accumulation near $17; high vol supports premium sale; expiration after earnings captures event	Break below $15 invalidates; VIX spike may widen spreads
Put credit spread	Moderate-Strong	Sell 2026-08-21 $14.00/$11.00 put spread Why now: High IV and strong support near $15; hedge below $15; earnings event drives volatility premium	Sharp selloff below $14 could cause max loss
Cash-secured put	Moderate	Sell 2026-08-21 $13.00 cash-secured put Why now: Bullish bias with defined risk; high IV boosts premium; expiration covers earnings event	Stock may drop below strike, resulting in assignment at higher cost

Top Plays

Put Credit Spread at Support

Sell 2026-08-21 $14.00/$11.00 put spread

Sell put spread to collect premium with support at $15

Why this play: Balances bullish bias with defined risk, high IV, invalidation at $15 aligns with risk tags.

Credit: $0.63-$0.78

Max loss: $2.22

BE: $13.22

Mgmt: Close at 50% max profit or if SOFI breaks $15.

Traders seeking defined risk premium

Bull Call Spread on Earnings

Buy 2026-08-21 $20.00/$22.00 call spread

Buy call spread to leverage upside momentum

Why this play: Captures upside from strong call flow, expiration post-earnings.

Debit: $0.24-$0.30

Max loss: $0.30

BE: $20.30

Mgmt: Exit if SOFI drops below $17.

Aggressive traders targeting breakout

Cash-Secured Put at Floor

Sell 2026-08-21 $13.00 cash-secured put

Sell cash-secured put at deep support

Why this play: Lower strike, high premium but larger capital.

Credit: $0.56-$0.69

Max loss: $12.31

BE: $12.31

Mgmt: Roll if assigned or close at 50% profit.

Income-focused traders with cash collateral

Watchlist Triggers

Entry Triggers

IFIF SOFI holds above $15 (gamma flip) and VIX below 25 → Sell 2026-08-21 $14/$11 put credit spread near $0.63-$0.78 (sofi_put_credit_spread_1)

IFIF SOFI breaks above $17 resistance → Buy 2026-08-21 $20/$22 bull call spread near $0.24-$0.30 (sofi_bull_call_spread_1)

IFIF SOFI holds above $15 and premium attractive → Sell 2026-08-21 $13 cash-secured put near $0.56-$0.69 (sofi_cash_secured_put_1)

Exit Triggers

EXITIF SOFI breaks below $15 (invalidation level) → Close put credit spread or cash-secured put to limit loss

Tactical Summary

Bullish bias with $15 key support; put credit spread preferred for defined risk; enter bull call spread on $17 breakout; cash-secured put for income at deep support. Hedge below $15.

How to Use These Reports

This directional reflects the market close on June 5, 2026.

What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.