thetaOwl
HomeOptionsSOFIReports

SOFI

SoFi Technologies, Inc.Close $15.90EOD only
Max Pain
$17.00
Next expiry May 15, 2026
Expected Move
±$0.66
4.2% from close
Price Gap
+1.10
Distance to max pain
IV Rank
45
Middle-high premium
P/C OI
0.49
Slightly call-heavy
Consensus
6.5/10
Consensus signal
Published snapshot: May 12, 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 12, 2026 close
SOFI Theta Report
Analysis based on market close May 13, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness4 / 10
Sizing: Conservative
Primary: Put credit spreads
Invalidation: Spot closes below $15
Confidence:
4 / 10
base 5; -1 GEX/flow contradict; -1 spot 7.2% from MP; +1 VIX 18

IV Environment

IV Regime
High
IV vs VIX
IV 78% >> VIX 18 – elevated vol premium
Favorable?
Yes

Term structure: Near-term skewed: 2d call IV 149%, put 92%; back-month contango

📊Rich vol premium: avg IV 78% vs VIX 18
⚠️Extreme call skew on 2d expiry – avoid short calls

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Trending ($-32.6M)

Gamma flip: ~$15.00 — Approx — based on put OI concentration of 78,909 (2.0% below spot)

OI concentrations: Put OI at $15 (gamma flip); call wall $17-$22

Verdict: Spot near $15.77, below $16 max pain – pin risk elevated with gamma flip at $15

Premium Opportunities

#1
Put credit spread
Sell 2026-06-18 $15.00/$14.00 put spread
Sell $15/$14 put spread for credit, benefiting from time decay and bullish bias.
Credit: $0.35-$0.43
Max loss: $0.57
BE: $14.57
Mgmt: Manage at 50% profit or roll if spot threatens $15.
#2
Iron condor
Sell 2026-06-18 $15.00/$14.00 put wing and $17.00/$18.00 call wing
Sell $15/$14 put wing and $17/$18 call wing for credit, profiting from range-bound movement.
Credit: $0.50-$0.61
Max loss: $0.39
BE: 14.39 / 17.61
Mgmt: Adjust wings if spot approaches boundaries; close at 50% profit.
#3
Cash-secured put
Sell 2026-06-18 $15.00 cash-secured put
Sell $15 put to collect premium, obligating purchase if assigned.
Credit: $0.74-$0.91
Max loss: $14.09
BE: $14.09
Mgmt: Roll down or close if spot falls below $15; collect premium for income.

Risk Alerts

!Negative dealer gamma ($-32.6M GEX) amplifies price swings
!Spot below max pain $16 – potential drift toward pin
!Earnings event on 2d expiry – high IV crush risk
How to Use These Reports
This theta reflects the market close on May 13, 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.