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SOFI

SoFi Technologies, Inc.Close $16.47EOD only

Max Pain

$16.50

Next expiry Jun 12, 2026

Expected Move

±$0.83

5.0% from close

Price Gap

+0.03

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.49

Slightly call-heavy

Consensus

8.5/10

Bullish tilt

Published snapshot: Jun 9, 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 9, 2026 close

SOFI Directional Report

Analysis based on market close June 9, 2026

Directional Theta Gang Flow Earnings Consensus

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

Outlook

Bullish bias with expectation of pinning near $16 for June 12 expiry, supported by positive dealer gamma and bullish flow; spot near max pain, high vol may see compression as expiry approaches, but upside limited by resistance at $16.5-$17.

Confidence:

9 / 10

Strong alignment between GEX (+$81.8M) and bullish flow (+106.1M shares) provides high confidence; spot at MP (0.2% away) reinforces pinning; elevated VIX (~20) adds vol premium but not enough to derail thesis.

Supports: Bullish flow, positive dealer gamma, spot at max pain, high vol supportive of directional move.
Conflicts: Broader market weakness (SPY -0.29%, QQQ -1.15%), resistance at $16.5-$17, upcoming multiple OPEX expiries may cause rotation.

📈Bullish flow with $106.1M net long dealer delta supports upside

📌Gamma pinning at $16 (June 12) with $81.8M GEX keeps spot anchored

⚠️Resistance at $16.5-$17 near gamma flip level $15 could become support

Regime Classification

Vol Regime

High

Vol is High relative to typical range, driven by elevated VIX (19.87) and stock-specific event risk from OPEX.

Gamma Regime

Pinning

Gamma is Pinning with positive GEX of $81.8M; gamma flip at $15 based on put OI concentration of 77,699 contracts.

Flow Regime

Bullish

Flow is Bullish with net premium context: DEX +106.1M shares indicates strong dealer long delta positioning.

Spot vs Max Pain

Spot is At max pain of $16 for June 12 expiry, reinforcing pinning dynamics.

Thesis duration: Event-specific — Primary driver is June 12 OPEX pinning at $16 with positive dealer gamma; flow bullish and high vol support near-term directional resolution.

Price Range Forecast

Next 2 days

$15.64$17.29

Pinning near $16 with bullish flow; upside to $16.5 resistance.

Next 1 week

$15.16$17.78

Post-OPEX, gamma flip at $15 provides support; resistance at $17.78.

Next 2 weeks

$14.76$18.18

Range widened; gamma flip at $15 downside support; resistance at $18.

Key Levels

Max pain pins: $16 (2026-06-12); $15 (2026-06-18); $17 (2026-06-26)

EM guardrails: 2d $15.64/$17.29; 1w $15.16/$17.78

Support: $15.00 · $14.76

Resistance: $16.50 · $17.00 · $18.00

Gamma flip: ~$15.00 — Approx — based on put OI concentration of 77,699 (8.9% below spot)

Structural: Max pain pins: $16 (2026-06-12), $15 (2026-06-18), $17 (2026-06-26). EM guardrails: 2d $15.64/$17.29; 1w $15.16/$17.78; 2w $14.76/$18.18. Support: $15.00, $14.76. Resistance: $16.50, $17.00, $18.00. Gamma flip: ~$15 based on put OI concentration of 77,699.

Dealer Positioning (GEX/DEX)

GEX: $+81.8M

DEX: +106.1M shares

Gamma flip: ~$15 (Approx — based on put OI concentration of 77,699 (8.9% below spot))

NTM gamma: GEX +$81.8M, DEX +106.1M shares, gamma flip ~$15.

IV Analysis

IV vs VIX: SOFI IV likely rich relative to VIX given high vol regime and event risk, but typical for a high-beta name near OPEX.

Term structure: Likely backwardated near term due to OPEX, with kink at June 12 expiry.

Skew: Put skew elevated: opportunistic to sell puts at $15 support given positive dealer gamma and bullish flow.

Flow Analysis

Net premium: Net premium of $11.2M strongly bullish; put/call volume ratio 0.34 indicates heavy call buying.

Directional prints: 59.8 call 16 ITM 2026-07-24 — Vol/OI 16.8 extremely high; suggests aggressive call buying. Preferred read: bullish.

Unusual: 59.8 call 16 ITM 2026-07-24 — Extreme vol/OI 16.8 indicates unusual call accumulation. 56 put 14 OTM 2026-07-24 — Vol/OI 3.5 on OTM put; likely hedging or bearish speculation. 60.2 put 16 OTM 2026-06-12 — High volume 16k on near-term ATM put; vol/OI 1.6, may be hedging.

Risks & Catalysts

!Broader market sell-off (tech weakness) could overwhelm bullish flow.

!Gamma flip at $15 if spot breaks below that level.

!Resistance at $16.5-$17 may cap upside.

!Multiple OPEX expiries this month create rolling pinning points.

Strategy Viability

Strategy	Edge	Best Setup	Primary Risk
Bull call spread	Moderate-Strong	Buy 2026-07-17 $16.00/$17.00 call spread Why now: Strong call flow and positive gamma support upward drift; resistance caps, making spread efficient	Upside limited to short strike; if pinning fails and spot drops, entire debit lost
Put credit spread	Moderate	Sell 2026-07-17 $15.00/$14.00 put spread Why now: Positive dealer gamma and bullish flow reduce downside risk; sell put credit spread at $15/$14 to collect premium	If spot breaks below $15, max loss of $1, but gamma flip risk noted
Bullish risk reversal	Moderate-Strong	Buy 2026-08-21 $20.00 call / sell 2026-08-21 $14.00 put Why now: Heavy call buying and bullish flow; use long call to capture momentum, short put to fund premium	Short put exposes to downside below $15; vol expansion could hurt

Top Plays

Bull Call Spread

Buy 2026-07-17 $16.00/$17.00 call spread

Buy $16/$17 call spread to capture drift toward $16.5-$17.

Why this play: Best fits capped bullish thesis and heavy call flow; defined risk at resistance.

Debit: $0.42-$0.52

Max loss: $0.52

BE: $16.52

Mgmt: Exit if below $15 or premium doubles, hold to expiry.

Defined-risk bullish traders.

Put Credit Spread

Sell 2026-07-17 $15.00/$14.00 put spread

Sell $15/$14 put spread for income with buffer.

Why this play: Collects premium with low risk; supported by bullish flow and gamma.

Credit: $0.23-$0.29

Max loss: $0.71

BE: $14.71

Mgmt: Close near $15 or after 50% profit.

Conservative income seekers.

Bullish Risk Reversal

Buy 2026-08-21 $20.00 call / sell 2026-08-21 $14.00 put

Long $20 call funded by short $14 put for upside exposure.

Why this play: Leverages call demand but capped upside makes it less ideal; high risk.

Debit: $0.06-$0.07

Max loss: $14.00

BE: $14.00

Mgmt: Close if below $15 or call gains 100%.

Aggressive breakout traders.

Watchlist Triggers

Entry Triggers

IFIF spot holds above $15.50 and trades near $16, targeting rally to resistance. → THEN buy the 2026-07-17 $16/$17 call spread for $0.42-$0.52.

IFIF spot stays above $15.20 with bullish momentum, protecting against gamma flip. → THEN sell the 2026-07-17 $15/$14 put spread for $0.23-$0.29.

Exit Triggers

EXITIF spot breaks below $15.00, invalidating bullish thesis. → THEN exit the call spread and put credit spread positions.

Tactical Summary

Bullish bias near $16 max pain with resistance at $16.5-$17 and gamma support at $15. Favor defined-risk bull call spread or put credit spread using July 17 expiry. Risk: breakdown below $15 triggers gamma flip.

How to Use These Reports

This directional reflects the market close on June 9, 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.