SOUTHERN CO (SO) Options Statistics & Positioning

SOUTHERN CO (SO) options trade at a 30-day at-the-money implied volatility of 24.2%, an IV rank of 81 out of 100 over the past year. The options market prices a ±$3.20 (±3.4%) move in SO for the front expiration. Max pain sits at $93 and the put/call open interest ratio is 0.73. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$95.45

52-week range

$83.97 – $99.74

ATM IV (30d)

24.2%

IV rank

81 / 100

High

Expected move

±$3.20 (±3.4%)

Put/call OI

0.73

Call-heavy

Max pain

$93

↓ 2.6% below close

Next earnings

Jul 30, 2026

Most Active SO Contracts

Contract	Expiration	DTE	Last	IV	Volume
SO $102 call	Aug 7, 2026	28d	$0.28	22.6%	328
SO $99 call	Jul 17, 2026	7d	$0.10	22.2%	221
SO $96 call	Jul 17, 2026	7d	$0.70	22.9%	165
SO $91 call	Jul 17, 2026	7d	$5.00	47.5%	56
SO $94 put	Jul 24, 2026	14d	$0.75	15.4%	50

See all active SO contracts →

Explore SO Options Statistics

SO Implied Volatility

24.2% ATM IV (30d)

An IV rank of 81 places implied volatility near the top of its 52-week range.

Full implied volatility analysis →

SO Open Interest

0.73 put/call OI ratio

59,365 calls and 43,369 puts outstanding across all expirations.

Full open interest analysis →

SO Max Pain

$93 max pain

2.6% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

SO Gamma Exposure

$835.63M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

SO Options Volume

1,627 contracts traded

Put/call volume ratio 0.33 — plus contracts running far above their usual volume.

Full volume & flow analysis →

SO Most Active Options

$102 top volume strike

The 25 most actively traded SO contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

SO's next expected earnings date is Jul 30, 2026. Options currently price a ±$3.20 (±3.4%) move for the front expiration.

Explore the payoff profile of option on SO for free

Build multi-leg SO strategies, visualize payoffs, and scan the full US options universe with OptiView.

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SO Options FAQ

When is SO's next earnings date?

SO's next expected earnings date is Jul 30, 2026. Options currently price a ±$3.20 (±3.4%) move for the front expiration.

How often is SO options data on this page updated?

All SO statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see SO max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated SO pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.