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SOFI

SoFi Technologies, Inc.Close $17.74EOD only

Max Pain

$17.00

Next expiry Jun 5, 2026

Expected Move

±$0.86

4.9% from close

Price Gap

-0.74

Distance to max pain

IV Rank

High premium

P/C OI

0.49

Slightly call-heavy

Consensus

8.5/10

Bullish tilt

Published snapshot: Jun 2, 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 2, 2026 close

SOFI Theta Report

Analysis based on market close April 17, 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 17, 2026. A newer theta report is available for May 26, 2026.

View latest report

Theta Verdict

Confidence:

8 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 14.3% from MP; +1 VIX 17

IV Environment

IV Regime

High

IV vs VIX

Underlying IV rich vs VIX; avg IV ~81% vs VIX 17; short-dated ATM trunks show extreme dispersion

Favorable?

Yes

Term structure: Front-week ripped down (0d 15.8% anomalous) then 7–42d elevated; skewed puts richer near-dated; structural long-dated mean ~63–65%

📌Max-pain cluster at $17 across near expiries

📈Dealer GEX +$317M supports pinning and theta tailwinds

⚠️Very high avg IV (81%) increases tail risk despite favorable flow

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+317.3M)

Gamma flip: ~$15.00 — Approx — based on put OI concentration of 70,926 (22.8% below spot)

OI concentrations: Put OI concentrated ~70,926 (~22.8% below spot) with max-pain $17 cluster; call OI wall $22–25

Verdict: High pin-risk near $17; upside drift reinforced by positive GEX but vulnerable to fast gap moves

Premium Opportunities

Put credit spread

Sell 2026-05-08 $15.00/$12.00 put spread

Collect premium selling 15/12 05-08 to exploit elevated near-term IV and pin risk while capping loss

Credit: $0.09-$0.12

Max loss: $2.88

BE: $14.88

Mgmt: Close or roll if price <17 or IV front-week collapses; cut at move below 16.9 Liquidity warning: Liquidity constraints: long_put: Wide spread (67%).

Iron condor

Sell 2026-05-08 $15.00/$12.00 put wing and $24.00/$27.00 call wing

Sell both wings to harvest dispersion between short-dated skewed vols while limiting tail risk

Credit: $0.23-$0.28

Max loss: $2.72

BE: 14.72 / 24.28

Mgmt: Manage legs asymmetrically; roll/hedge if underlying breaches short put invalidation or calls rally into losses Liquidity warning: Liquidity constraints: long_put: Wide spread (67%).; long_call: Wide spread (120%).

Cash-secured put

Sell 2026-05-08 $15.00 cash-secured put

Sell 15 put to potentially acquire shares at effective ~14.83 while collecting rich IV premium

Credit: $0.14-$0.17

Max loss: $14.83

BE: $14.83

Mgmt: Ensure capital to buy if assigned; buy back if price <16.9 or IV regime normalizes

Risk Alerts

!Gap below gamma-flip $15 accelerates put-driven selling

!IV regime reversion (VIX→12 or front-week IV collapse) invalidates premium bias

!Earnings/news could spike short-dated put IV and break pin

How to Use These Reports

This theta reflects the market close on April 17, 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.