Primary read
Bullish
Call-side pressure
Ticker Options Intelligence
SOFI options intelligence
SoFi Technologies Inc. options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
31
Market data through 31 Jul 2026
Checked 31 Jul 2026 18:25 · complete available chain
Call-side pressure
Bullish pressure
SOFI currently carries bullish options pressure with a 31/100 conviction score. The nearest-chain expected move is 1.8%, with volume/open-interest participation at 0.06.
Expected move
1.8%
Near-term move context
Activity / OI
0.06
Current volume is quieter versus prior open interest
Put-call
0.58
Call-side skew
Trend fit
18
Options are not fully confirming trend
Weekly backdrop
-0.9%
RS -33.0
Expected move
1.8%
Put-call volume
0.58
Volume / OI
0.06
Reference IV
0.39
Max pain
16.00
Underlying
16.46
Nearest expiry
31 Jul 2026
Contracts
921
Research Brief
SOFI has a bullish chain read with 31/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 16.17–16.75; The largest call open-interest concentration is 18.50; the largest put concentration is 16.00. The most active strike by current volume is 16.00.
Priced range16.17–16.75
Call concentration18.50
Put concentration16.00
Max pain reference16.00
- Price holds or improves while call-side concentration remains elevated.
- Price weakens while call pressure fades or reverses toward puts.
- Options and the weekly trend are not yet giving the same message.
Priced Move
Where the chain says movement becomes exceptional
Options imply 16.17 to 16.75. Max pain at 16.00 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
16.1716.46 ± 0.2916.75
Confirmation level
A close beyond 16.75 or below 16.17 at the 31 Jul expiry would exceed the move currently priced by this chain.
Important limitation
The range is a pricing reference, not a forecast; volatility can reprice sharply after news or as expiry approaches.
Score Construction
Why conviction is 31/100
Pressure is 33/100 toward calls; conviction uses its strength, while the signal label carries its direction.
Directional pressure33 × 42%
+14.0
How strongly activity leans toward calls or puts.
Participation41 × 22%
+9.1
Volume relative to existing open interest and contract-level activity.
Trend agreement18 × 26%
+4.6
How closely the chain read agrees with the underlying trend backdrop.
Volatility34 × 10%
+3.4
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 18.50; the largest put concentration is 16.00. The most active strike by current volume is 16.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
11922
14.00-14.9%
743
11212
14.50-11.9%
740
14724
15.00-8.9%
5520
9355
15.50-5.8%
8741
20917
16.00-2.8%
13098
7525
16.500.2%
15056
9453
17.003.3%
20101
4003
17.506.3%
17906
5240
18.009.4%
15709
1328
18.5012.4%
115740
1362
19.0015.4%
23760
669
19.5018.5%
15875
31
20.0021.5%
40401
0
20.5024.5%
13657
0
21.0027.6%
13239
3
22.0033.7%
9111
0
23.0039.7%
107328
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Back-loaded volatility
Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.
0.39
31 Jul
0d
0.48
7 Aug
7d
0.50
14 Aug
14d
0.50
21 Aug
21d
0.51
28 Aug
28d
0.51
4 Sep
35d
0.51
18 Sep
49d
0.53
16 Oct
77d
Volatility by Strike
Downside protection premium
Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.
14
14
15
15
16
16
17
17
18
18
19
19
20
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
Forward validation is building. The earliest eligible stored read expires 31 Jul 2026; its result will appear after the matched closing reference is stored.
Directional follow-through-
Moves contained by pricing-
Average expiry move-
Validation readiness
- Versioned calculationv2 observations only
- Independent entryone read per market session
- Point-in-time referencerequired at entry
- Matched expiry closereported only after maturity
Only v2 snapshots with a point-in-time market reference are eligible. Each observation uses one read per market session and the first weekly close on or immediately after expiry. It is an evidence audit, not an executable strategy or evidence of future performance.
Evidence Quality
High
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 921 / 921
- No material coverage gap was detected in the retained chain.
Aggregate chain data supports concentration, participation and pricing analysis. It does not identify trade aggressor, opening versus closing activity, multi-leg intent or dealer inventory.
Options Intent Radar
Earnings/event positioning
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $21.0M of estimated gross traded notional, calls · 91+ days · itm, and a bullish flow against weak price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure+33
1W price-0.9%
Call premium69%
Put premium31%
Notional split
C 69% / P 31%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.06
Volume divided by open interest across the visible chain.
Trend fit
18/100
Agreement between options pressure and Sharemaestro market context.
Event window
4 Aug
Matched earnings event is 3 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Calls · 91+ days · ITM
calls cluster with 7788 contracts traded, $4.7M estimated gross traded notional, and 23% of visible notional.
$4.7M
Calls · 91+ days · OTM
calls cluster with 36418 contracts traded, $4.6M estimated gross traded notional, and 22% of visible notional.
$4.6M
Puts · 91+ days · ITM
puts cluster with 2195 contracts traded, $2.1M estimated gross traded notional, and 10% of visible notional.
$2.1M
Calls · 0-7 days · ITM
calls cluster with 24239 contracts traded, $1.8M estimated gross traded notional, and 9% of visible notional.
$1.8M
Calls · 46-90 days · ITM
calls cluster with 3086 contracts traded, $818094 estimated gross traded notional, and 4% of visible notional.
$818094
Setup Classification
Opportunity and risk frame
Expected move or upcoming earnings makes the setup more event-sensitive.
Options positioning is not confirming the underlying trend context.
Activity Anomaly
Warming up
3 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 3 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close16.31
1W-0.9%
RS-33.0
Fair value+13.6%
Options pressure33
Speculation41
Volatility34
Trend fit18
Today Versus Normal
Stored-options context
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:18
Volatility
Pressure 67
Move 10.1%
30 Jul 10:13
Bullish
Pressure 50
Move 8.1%
31 Jul 03:21
Bullish
Pressure 45
Move 2.6%
31 Jul 13:53
Mixed
Pressure 16
Move 2.4%
31 Jul 17:25
Bullish
Pressure 33
Move 1.8%
Strike Map
Where activity is clustering
Strike5.00
Calls · V 18 · OI 42
Puts · V 2 · OI 8
Strike9.00
Calls · V 37 · OI 206
Puts · V 250 · OI 254
Strike10.00
Calls · V 213 · OI 205
Puts · V 26 · OI 2067
Strike11.00
Calls · V 215 · OI 109
Puts · V 1 · OI 670
Strike11.50
Calls · V 22 · OI 79
Puts · V 8 · OI 1747
Strike12.00
Calls · V 33 · OI 12
Puts · V 39 · OI 705
Strike12.50
Calls · V 63 · OI 181
Puts · V 52 · OI 1690
Strike13.00
Calls · V 30 · OI 73
Puts · V 36 · OI 1549
Term Structure
Expiration activity
Expiry31 Jul 2026
Contracts64
Avg IV0.39
Put-call0.67
Expiry7 Aug 2026
Contracts60
Avg IV0.48
Put-call0.48
Expiry14 Aug 2026
Contracts56
Avg IV0.50
Put-call0.47
Expiry21 Aug 2026
Contracts102
Avg IV0.50
Put-call0.67
Expiry28 Aug 2026
Contracts59
Avg IV0.51
Put-call0.65
Skew
Call/put IV balance
31 Jul 2026Call IV premium
Call IV0.69
Put IV0.50
Skew-0.19
7 Aug 2026Balanced skew
Call IV0.46
Put IV0.50
Skew0.04
14 Aug 2026Balanced skew
Call IV0.47
Put IV0.52
Skew0.04
21 Aug 2026Balanced skew
Call IV0.49
Put IV0.53
Skew0.04
28 Aug 2026Balanced skew
Call IV0.51
Put IV0.52
Skew0.01
Contract Tape
Most active contracts
ContractSOFI261120P00035000
SidePut
Expiry20 Nov 2026
Strike35.00
Volume-
OI2
IV0.00
ContractSOFI260821P00001000
SidePut
Expiry21 Aug 2026
Strike1.00
Volume-
OI1
IV4.25
ContractSOFI261120P00032000
SidePut
Expiry20 Nov 2026
Strike32.00
Volume-
OI1
IV0.00
ContractSOFI261120P00002000
SidePut
Expiry20 Nov 2026
Strike2.00
Volume-
OI-
IV0.50
ContractSOFI261120P00031000
SidePut
Expiry20 Nov 2026
Strike31.00
Volume-
OI-
IV0.00
ContractSOFI260731C00016500
SideCall
Expiry31 Jul 2026
Strike16.50
Volume19692
OI15056
IV0.24
ContractSOFI260731P00016000
SidePut
Expiry31 Jul 2026
Strike16.00
Volume12711
OI20917
IV0.39
ContractSOFI261120C00020000
SideCall
Expiry20 Nov 2026
Strike20.00
Volume12408
OI3234
IV0.59
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
Earnings
Plain English Guide
Options context
What usually looks constructive
What usually looks cautious
Options can move quickly and can lose value fast. Treat this as research context, not a buy or sell instruction.