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SOFI

SoFi Technologies, Inc.Close $18.22EOD only

Max Pain

$16.00

Next expiry Jun 5, 2026

Expected Move

±$1.14

6.3% from close

Price Gap

-2.22

Distance to max pain

IV Rank

High premium

P/C OI

0.49

Slightly call-heavy

Consensus

8.5/10

Bullish tilt

Published snapshot: May 29, 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

May 29, 2026 close

SOFI Flow Report

Analysis based on market close April 14, 2026

Directional Theta Gang Flow Earnings Consensus

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

You are viewing an older report from April 14, 2026. A newer flow report is available for May 26, 2026.

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Flow Verdict

Confidence:

7.5 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 5.4% from MP; +0.5 VIX 18.4

Watch next session: $19.00 call OI / flow (watch for add to the $89,884 OI or incremental call buying at $19); Immediate short-dated put prints at $16-$17 (would signal defensive rotation)

Flow Summary

Net premium: +$20.4M bullish

P/C volume ratio: 0.42 — call-dominant (strong call flow today)

P/C OI ratio: 0.55 — moderate call lean in positioning

Flow is clearly call-biased: large concentrated call premium at near‑spot strikes ($17-$20) and net premium +$20.4M. Dealers are long gamma (GEX +$167.3M), producing pinning behavior around $17-$19; top OI on calls (notably $19/$22) implies call-side protection and potential call-wall resistance, but current flow is forcing dealers to buy spot into upside move, supporting a near-term bullish bias.

Notable Prints

SOFI 2026-04-17 $18.00 Call

Vol: 30,875

OI: 44,178

Vol/OI: 0.7x

IV: 51.8%

Notional: $4,498,555 premium (per Top Premium Flow) — ~ $449.9M delta-adjusted underlying exposure

Intent: Fresh directional call buying (bullish accumulation ahead of short-dated pinning)

Dual read: Could be buyers initiating long calls (bullish) or dealers/clients rolling/adding covered calls — but volume size and net premium point toward directional buying

Read-through: Large call premium concentrated at $18 forces dealer hedging (buy underlying), reinforcing upside pressure into the 2‑day EM bound ($17.15-$18.67).

SOFI 2026-04-17 $17.00 Call

Vol: 13,888

OI: 46,063

Vol/OI: 0.3x

IV: 62.1%

Notional: $4,253,765 premium (per Top Premium Flow) — ~ $425.4M delta-adjusted underlying exposure

Intent: Aggressive near-the-money bullish positioning / roll into short-dated calls

Dual read: Long calls (bullish) or buy-back/roll of previously written calls (neutral); net premium and P/C skew favor bullish read

Read-through: Heavy activity at the $17 strike coincides with MP at $17 (4/17), suggesting both directional buying and possible pinning dynamics as gamma sells into expiry.

SOFI 2026-04-17 $17.50 Put

Vol: 11,846

OI: 1,517

Vol/OI: 7.8x

IV: 52.1%

Notional: Unusual notional (last $0.22) — premium interest roughly $2.6k to $3k per 100 contracts shown; still meaningful as short-dated put demand

Intent: Protective hedging or short-dated speculative put buying

Dual read: Could be genuine downside hedge (protective puts) or traders selling into call gamma (complex structures); high vol/OI suggests targeted short-dated hedges into 4/17 expiry

Read-through: Short-dated put buy centered at $17.50 is defensive but small vs call premium; it tempers the bullish read but given overall call dominance it's more likely selective hedging rather than a regime flip.

SOFI $19.00 Calls (multi-exp / OI wall)

Vol: 13,352

OI: 89,884

Vol/OI: 0.1x

IV: 53.1%

Notional: Call OI wall with $1,481,640 premium flow at $19 (Top Premium Flow) — structural notional large (call-wall ~89,884 contracts creates meaningful dealer gamma)

Intent: Positioning/portfolio protection or systematic call-sell blocks creating a call wall

Dual read: Large persistent OI often reflects longer-dated covered call writing or structured product hedges (neutral-to-bullish underlying exposure)

Read-through: The $19 call OI concentration (+6.1% from spot) acts as a magnet/resistance; dealers will sell into rallies near $19, but current incremental bullish flow is eroding that resistance via dealer hedging buys.

Institutional Positioning

Call additions: Significant call additions concentrated at $17.00-$20.00 (largest premium at $17 and $18; big OI at $19 and $22 persists). Top Premium Flow: $17 ($4,253,765), $18 ($4,498,555), $20 ($3,773,625).

Put additions: Put interest clustered at $16.00 and $15.00 (Put OI 60,386 at $16 and 71,092 at $15 across expiries). Near-term odd short-dated put buying at $17.50 exists but is smaller vs call flow.

GEX/DEX consistency: Yes — positive Total GEX $167.3M and DEX +121.0M shares align with bullish flow and pinning regime; dealers are long gamma and likely buying spot into upside option flow.

OI clusters: $19.00 call wall (89,884 OI), $22.00 call cluster (88,854 OI), $16.00 put cluster (60,386 OI), $15.00 put floor (~71,092 & 29,275 OI aggregated). Near-term call clusters at $17-$18 (46k / 44k / 41k) create concentrated gamma zones.

Hedging evidence: Some short-dated protective puts (notably $17.50 4/17 and $16-$15 longer-dated put OI) — evidence of selective hedging rather than broad-scale collaring. No dominant collar activity visible; call-buying dominates premium flows.

Max pain context: Max pain pins at ~$17 across near expirations (4/17 MP $17) reinforcing dealer incentive to pin; spot sits above MP which, combined with positive GEX, suggests dealers will buy into dips toward $17 and supply calls around $19.

Signal vs Noise

~Deep OTM $11 puts (multiple expiries) — likely structural tail protection or cheap speculative verticals; not directional for near-term price.

~$2.00 and $1.00 calls with outsized IV (very deep ITM/odd strikes) — likely corporate/position-specific or spreads, treat as noise for directional read.

~High vol/OI on very short-dated expiries (rolls into 4/17): some prints (e.g., $17.50 put 4/24 vs 4/17) look like expiration roll/hedge activity, not fresh directional conviction.

~Large standing call OI at $19/$22 is structural positioning (covered-call or structured exposures), not necessarily immediate buying pressure — interpret as resistance until broken by fresh call premium.

Key Conclusions

🐂Net premium +$20.4M with P/C volume 0.42 — clear call-dominant day supporting bullish near-term bias

📌Gamma pinning around $17-$19: MP at $17 and near-term GEX concentration (+$43.8M at $19, +$25.1M at $18, +$29.6M at $17.50) create a magnet/resistance band

🛡️Selective short-dated put buys ($17.50 4/17) indicate tactical hedging but are small relative to call flow — look for escalation to signal a regime change

🔎Watch $19.00: large OI wall (89,884) is the key resistance; continued call-buying that forces dealer hedges will reduce its effectiveness and confirm bullish breakout

🧭Key actionable levels inside ±10% of spot: supports near $17.00 and $16.00; resistances near $18.00 and $19.00 — use these to monitor dealer gamma responses

How to Use These Reports

This flow reflects the market close on April 14, 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.

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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.