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SOFI

SoFi Technologies, Inc.Close $17.31EOD only
Max Pain
$17.00
Next expiry Jun 26, 2026
Expected Move
±$0.80
4.7% from close
Price Gap
-0.31
Distance to max pain
IV Rank
4
Low premium
P/C OI
0.50
Slightly call-heavy
Consensus
8.5/10
Bullish tilt
Published snapshot: Jun 24, 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 24, 2026 close
SOFI Directional Report
Analysis based on market close June 25, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Outlook

Bullish bias driven by strong dealer long gamma and bullish flow, with spot below max pain pinning upward to $18. High vol and resistance at $17.5-$18 may cap near-term, but confidence remains high.

Confidence:
9 / 10
Base 5; GEX/flow strongly aligned (+2), GEX positive pinning (+1), spot near MP (+0.5), VIX 19 (+0.5). Total 9.
Supports: Bullish flow, +$91.7M GEX, spot 6% below $18 max pain, high confidence base.
Conflicts: Resistance $17.5 and $18, high vol regime, gamma flip risk at $15.
💰Bullish flow and positive gamma create upward drift toward $18.
📉Resistance cluster at $17.5-$18 may cap upside this week.
⚠️High vol regime requires flexible stops; flip risk at $15.

Regime Classification

Vol Regime
High
IV elevated (VIX ~19), high vol regime typical for SOFI.
Gamma Regime
Pinning
Total gamma +$91.7M, pinning regime with flip risk at ~$15.
Flow Regime
Bullish
Net premium bullish, high put OI concentration below spot indicates hedging.
Spot vs Max Pain
Below
Spot $16.98, 6% below $18 max pain, strong upward gravitational pull.
Thesis duration: Multi-week — Multiple weekly expiries with $18 max pain, coupled with structural dealer long gamma, supports multi-week upside drift.

Price Range Forecast

Next 2 days
$16.78$17.82
Drift to $17.82 resistance
Next 1 week
$16.14$18.45
Target $18 max pain
Next 2 weeks
$15.67$18.92
Upside to $18.92 if momentum sustains

Key Levels

Max pain pins: $18 (2026-06-26); $18 (2026-07-02); $17 (2026-07-10)
EM guardrails: 2d $16.78/$17.82; 1w $16.14/$18.45
Support: $15.67
Resistance: $17.50 · $18.00 · $18.92
Gamma flip: ~$15.00 — Approx — based on put OI concentration of 71,043 (13.3% below spot)
Structural: Support $15.67; resistance $17.5, $18, $18.92; gamma flip ~$15.

Dealer Positioning (GEX/DEX)

GEX: $+91.7M

DEX: +101.2M shares

Gamma flip: ~$15 (Approx — based on put OI concentration of 71,043 (13.3% below spot))

NTM gamma: Dealers net long +$91.7M GEX, pinning to $18 strike; gamma flip risk at $15.

IV Analysis

IV vs VIX: SOFI IV likely rich vs VIX ~19, typical for high-vol names.

Term structure: Front-end elevated with event kinks around weekly expiries; likely backwardated.

Skew: Put skew elevated due to high OI; consider call spreads for upside.

Flow Analysis

Net premium: Net premium positive $6.6M; P/C vol ratio 0.66 indicates bullish flow.

Directional prints: 50 call 17.5 OTM 2026-06-26 — Vol/OI 1.9; OTM; aggressive call buying, if bought bullish. 56.4 call 17.5 OTM 2026-07-02 — Vol/OI 1.9; OTM; heavy call buying, if bought bullish.

Unusual: 114.1 call 6 ITM 2026-10-16 — Vol/OI 2.1; deep ITM; likely bearish opening sale.

Risks & Catalysts

!Break below $16.78 support
!Gamma flip at $15 accelerates sell-off
!High vol regime sharp reversals

Strategy Viability

StrategyEdgeBest SetupPrimary Risk
Bull call spreadModerate-Strong
Buy 2026-08-21 $19.00/$23.00 call spread
Why now: Limits capital risk while benefiting from upward drift into earnings.
Capped upside; time decay if move delayed.
Put credit spreadModerate
Sell 2026-08-21 $14.00/$13.00 put spread
Why now: Collect credit with defined risk; bullish flow supports higher lows.
Underlying breaks below short put strike; max loss limited.
Bullish risk reversalConditional
Buy 2026-08-21 $21.00 call / sell 2026-08-21 $14.00 put
Why now: High vol regime favors call premium over put premium; bullish flow supports upside.
Unlimited upside on call, but short put exposure if sharp drop.

Top Plays

#1
Buy Call Spread
Buy 2026-08-21 $19.00/$23.00 call spread
Captures upward move in SOFI with capped risk using 19/23 call spread.
Why this play: Best risk/reward for bullish drift into earnings; limited downside with defined upside.
Debit: $0.70-$0.85
Max loss: $0.85
BE: $19.85
Mgmt: Monitor for breakout above $18; take profit at 50% max gain or hold through earnings.
Traders seeking limited risk with clear directional bias.
#2
Bullish Risk Reversal
Buy 2026-08-21 $21.00 call / sell 2026-08-21 $14.00 put
Combines long call and short put for skewed upside with unlimited gain potential.
Why this play: Leverages high vol regime; call premium higher than put, net credit possible.
Debit: $0.18-$0.21
Max loss: $14.00
BE: $14.00
Mgmt: Watch for break below $14; roll or close if support fails.
Aggressive traders comfortable with higher loss potential.
#3
Put Credit Spread
Sell 2026-08-21 $14.00/$13.00 put spread
Sells downside protection to collect premium; benefits if SOFI stays above $14.
Why this play: Steady income with defined risk; less reliant on upward momentum.
Credit: $0.17-$0.20
Max loss: $0.80
BE: $13.80
Mgmt: Close at 50% max profit; adjust if spot approaches $14.
Defensive traders wanting probability of profit.

Watchlist Triggers

Entry Triggers
IFIf SOFI holds above $15.67 support and bias bullish → Buy 2026-08-21 $19/$23 call spread for $0.70-$0.85
IFIf SOFI above $15.67 and high vol regime → Enter bullish risk reversal: buy $21 call / sell $14 put for net credit $0.18-$0.21
IFIf SOFI above $15.67 → Sell $14/$13 put spread for $0.17-$0.20 credit
Adjustment Triggers
ADJIf SOFI reaches $18 resistance → Roll bull call spread up or take profit on risk reversal
Exit Triggers
EXITIf SOFI breaks below $15.67 → Close all bullish positions, consider protective puts

Tactical Summary

Bullish bias with dealer gamma support. Key level $15.67; resistance $17.5-$18. High vol favors call spreads and risk reversals. Invalid below $15.67.
How to Use These Reports
This directional reflects the market close on June 25, 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.