thetaOwl
HomeOptionsSOFIReports

SOFI

SoFi Technologies, Inc.Close $17.91EOD only
Max Pain
$17.00
Next expiry Jun 26, 2026
Expected Move
±$1.14
6.4% from close
Price Gap
-0.91
Distance to max pain
IV Rank
91
High premium
P/C OI
0.48
Slightly call-heavy
Consensus
7.5/10
Bullish tilt
Published snapshot: Jun 18, 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 18, 2026 close
SOFI Earnings Report
Analysis based on market close June 22, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

SOFI earnings 36 days out; high confidence setup with bullish flow and pinning gamma.

Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.6% from MP; +1 VIX 17; override: Strong flow/GEX alignment, positive gamma, VIX low
Most important: Bullish gamma and call walls suggest upside bias; monitor VIX and gamma flip.
📈Bullish gamma pinning near $17; call OI wall $20-$25.
⚠️Put OI concentration at $15 (12.3% below spot) signals heavy downside protection.
📊80% historical beat rate supports bullish bias.

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
At
Gamma flip: ~$15.00 — Approx — based on put OI concentration of 77,347 (12.3% below spot)

Earnings Overview

Next earnings: 2026-07-28 (36 days)explicit

Expected moves:

  • 2026-06-26 (4d): ±$0.96 (5.6%)
  • 2026-07-02 (10d): ±$1.36 (8.0%)
  • 2026-07-10 (18d): ±$1.75 (10.2%)

IV Setup

Term structure: Steep contango: 4d ±5.6%, 10d ±8.0%, 18d ±10.2%.

Crush estimate: Expected ~40% IV crush post-earnings.

Skew: Put skew elevated at low strikes; call OI concentrated $20-$25.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Not available; beat rate 80% (4/5).

Directional bias: Historically bullish post-earnings.

Key Levels

1$15.00 gamma flip
2EM guardrails: 1w $15.74/$18.46
3Max pain pins: $17 (2026-06-26); $18 (2026-07-02); $17 (2026-07-10)

Flow Highlights

Large call buys at $17.5 and $18.5 strikes; put selling at $15 and $17.

Bullish positioning with upside targets; downside protection via puts.

Strategies

Iron Condor
Sell 2026-08-21 $15.00/$13.00 put wing and $20.00/$22.00 call wing
Credit: $0.76-$0.93
Max loss: $1.07
Max gain: $0.93
BE: 14.07 / 20.93
Trigger: Monitor gamma risk; adjust if spot approaches $15 or $20.
Best suited for high IV crush and steep contango; defined risk.
Outperforms: Sells premium in elevated IV, profits from time decay and volatility contraction.
Underperforms: Move outside short strikes invalidates range thesis.
Bull Call Spread
Buy 2026-08-21 $19.00/$22.00 call spread
Debit: $0.57-$0.69
Max loss: $0.69
Max gain: $2.31
BE: $19.69
Trigger: Exit if stock falls below $17 invalidation; take profit at 50% max gain.
Targets upside bias with capped risk; beat rate supports.
Outperforms: Expresses bullish directional edge with limited downside.
Underperforms: Loss of support weakens upside continuation thesis.
Long Strangle
Buy 2026-07-31 $16.00 put + buy $19.50 call
Debit: $1.37-$1.67
Max loss: $1.67
Max gain: Unlimited
BE: 14.33 / 21.17
Trigger: Consider closing before earnings to avoid crush or after if move occurs.
Cost-effective capture of large move; cheap premium.
Outperforms: Long vega play on earnings volatility, lower cost than straddle.
Underperforms: Insufficient realized move reduces long-strangle edge.
Long straddle
Buy 2026-07-31 $17.50 put + buy $17.50 call
Debit: $2.63-$3.21
Max loss: $3.21
Max gain: Unlimited
BE: 14.29 / 20.71
Historical beat rate and bullish gamma support upside tail; straddle captures both directions.
Outperforms: Buy volatility for earnings; target large move.
Underperforms: Under-realized move and IV crush hurt long-vol thesis.

Risk Assessment

!Earnings miss risk.
!Volatility contraction if no catalyst.
!Gamma flip at $15 (put OI concentration).

What to Watch

?Spot vs $17 max pain for June 26.
?Vix below 18 maintains bullish gamma.
?Call wall at $20-$25 resistance.
?July 2 $20.5 call volume surge.
How to Use These Reports
This earnings reflects the market close on June 22, 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.