MarketWatchT3·36mo ago
SOR Source Capital
XNYS
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
SOR
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Key stats
About
- Exchange
- XNYS
- Market Cap
- $0.4B
- List Date
- 1980-09-18
- CIK
- 0000091847
- Homepage
- https://www.fpa.com
Source Capital Inc is a diversified, closed-end management investment company. The investment objective of the company is to seek maximum total return for Common shareholders from both capital appreciation and investment income to the extent consistent with the protection of invested capital.
Fund profile
- Expense ratio
- —
- Assets
- $376M shares × price, Oct 21, 2026
- Trailing yield
- —
- Average daily volume
- $355K 30 sessions
- Holdings
- —
- Listed
- Sep 18, 1980 NYSE
Costn/a
Liquidity18
Scale58
Diversificationn/a
Moves with. US large-cap stocks (23% of its variance, beta 0.61). These factors explain 23% of its daily moves over the last year, so most of what drives this fund is something else.
Similar funds
Summary
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composite
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No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 0.66% | -3.21% | 2.60% | -1.19% | -2.00% | 4.97% | 0.30% |
| Feb | 3.23% | -3.94% | -3.45% | 1.56% | -0.35% | -1.79% | -0.79% |
| Mar | 0.36% | 1.94% | -0.48% | 2.19% | -3.09% | -3.38% | -0.41% |
| Apr | 2.24% | -9.10% | -0.55% | -3.06% | -1.15% | 0.95% | -1.78% |
| May | 1.10% | -1.32% | -1.32% | 2.25% | 2.35% | -1.43% | 0.27% |
| Jun | 0.00% | -5.01% | 2.02% | 1.11% | 2.20% | 1.21% | 0.26% |
| Jul | -0.85% | 2.35% | 1.81% | 0.55% | -0.48% | 0.41% | 0.63% |
| Aug | 2.59% | -4.01% | -1.01% | 2.58% | 2.06% | 0.04% | 0.38% |
| Sep | -4.15% | -5.63% | -2.28% | 0.74% | 1.21% | -2.51% | -2.10% |
| Oct | 2.42% | 1.88% | -2.68% | -0.97% | 1.24% | 0.67%* | 0.43% |
| Nov | -2.95% | 0.59% | 5.81% | 2.18% | 6.26% | -- | 2.38% |
| Dec | -4.06% | 1.90% | -0.02% | -4.20% | -5.82% | -- | -2.44% |
| Total | 0.22% | -21.81% | 0.08% | 3.52% | 1.92% | -1.11% | -2.86% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $45.23
SMA 50: $45.87
SMA 200: $46.32
Current: $45.27
EMA 12: $45.31
EMA 26: $45.43
MACD: -0.1180 | Signal: 0.0663
BEARISH
ADX (14): 37.85
TREND
+DI: 30.40
−DI: 10.58
Momentum Oscillators
RSI (14): 47.39
NEUTRAL
Stoch %K: 25.69
Stoch %D: 24.98
Williams %R: -77.35
Volume & Volatility
BB Upper: $45.62
BB Lower: $44.84
NEUTRAL
OBV: 484,274
Vol SMA 20: 7,254
Vol ROC: -43.59%
ATR: $0.89
True Range: $0.89
HV 20: 9.5%
HV 30: 10.8%
HV 60: 10.2%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers:
- Technical indicators suggest a range-bound market with no clear trend.
- Momentum oscillators are neutral, indicating no strong buying or selling pressure.
- Beta analysis indicates low volatility, making the stock less correlated to market movements.
Primary Risks:
- Volatility regime is relatively low, which may lead to limited price movement.
- Lacking a strong trend direction, price action may be influenced by short-term news and market sentiment.
Investment Thesis:
The stock appears to be trading within a range, with no clear directional bias. The recent news headlines are neutral, indicating no significant catalysts driving the stock's price action. Given the low volatility regime, we expect limited price movement in the near term.
Recent News Sentiment Impact:
The recent news headlines are primarily neutral, which is consistent with the overall market sentiment. No significant news events have driven the stock's price action recently, and the market remains range-bound.
Technical Analysis
Trend Direction: Range-bound (Short-term: NEUTRAL, Medium-term: NEUTRAL, Long-term: NEUTRAL)
Support/Resistance Levels:
- Upper Bollinger Band: $47.00
- Middle Line (SMA 50): $46.22
- Lower Bollinger Band: $46.25
Momentum Signals:
- RSI (14) is neutral at 49.82, indicating no strong buying or selling pressure.
- MACD signal line crossover indicates a bullish momentum signal.
Volume Analysis:
- Volume SMA 20: 11550.29
- On-Balance Volume (OBV): 527352.46
- Volume Rate of Change: -43.76% (indicating decreasing trading activity)
News & Sentiment Analysis
Recent Headlines Summary: Neutral news headlines, with no significant catalysts driving the stock's price action.
Sentiment Assessment: Neutral sentiment (0/1 positive, 2 neutral, and 3 negative headlines)
Catalyst Identification: No upcoming earnings or regulatory events identified that could significantly impact the stock's price action.
Market Narrative: The market remains range-bound, with no clear directional bias. News headlines are primarily neutral, indicating no significant catalysts driving the stock's price action.
Risk & Volatility Assessment
Beta Interpretation: Low volatility regime (beta = 0.49), making the stock less correlated to market movements.
Volatility Regime: Low volatility regime, with an average true range (ATR) of $0.71 and a historical volatility level of HV20 at 8.5%.
Options Market Signals: No options data available.
Downside Protection: Support levels include the lower Bollinger Band ($46.25) and the middle line (SMA 50) ($46.22).
Market Context & Positioning
Sector Performance: The stock's performance is neutral relative to its sector.
Institutional Activity: No unusual institutional activity signals or volume patterns observed.
Correlation Analysis: The stock is less correlated to market movements, with a beta of 0.49 and an average true range (ATR) of $0.71.
Relative Valuation: The stock appears relatively valued within its trading range.
Key Levels & Action Items
Critical Price Levels:
- Upper Bollinger Band: $47.00
- Middle Line (SMA 50): $46.22
- Lower Bollinger Band: $46.25
Breakout/Breakdown Levels: No clear breakout or breakdown levels identified.
Time-Sensitive Catalysts: No upcoming earnings, product launches, or regulatory events that could significantly impact the stock's price action.
Risk Management: Consider stop-loss levels at $45.50 (10% below current price) and position sizing considerations based on risk tolerance.
By analyzing the technical indicators, news headlines, and risk metrics, we conclude that the stock is trading within a range-bound market with no clear directional bias. The low volatility regime and neutral momentum oscillators suggest limited price movement in the near term. As such, we recommend a NEUTRAL stance, with caution to enter long or short positions based on your individual risk tolerance.
Generated
News
All SOR news →
Seeking AlphaT3·36mo ago
MarketWatchT3·39mo ago
Investing.comT3·53mo ago
SOR Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
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pts
EXTREME
ATM — / Wing —
30 DTE / 10d
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pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.5275
Alpha: -6.23%
Correlation: 0.4562
R-Squared: 20.8%
Stock Volatility: 14.7%
Market Volatility: 12.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
SOR Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
SOR Insider Trading (Form 4)
Latest: 2024-02-05Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2024-02-05 | Sandra Brown | Director | Mixed | −1,276 | $40.27 | -$51.4K | EDGAR |
| 2023-06-05 | Brian A. Selmo | VP & Portfolio Manager | Buy (P) | +400 | $37.82 | $15.1K | EDGAR |
| 2023-06-02 | Mark L. Lipson | Director | Buy (P) | +1,315 | $37.90 | $49.8K | EDGAR |
| 2023-04-05 | Ryan A. Leggio | Vice President - Strategy | Buy (P) | +500 | $37.81 | $18.9K | EDGAR |
| 2022-10-05 | Mark L. Lipson | Director | Buy (P) | +1,400 | $35.64 | $49.9K | EDGAR |
| 2022-07-01 | Mark L. Lipson | Director | Buy (P) | +1,325 | $37.83 | $50.1K | EDGAR |
| 2022-06-03 | Ryan A. Leggio | Vice President - Strategy | Buy (P) | +1,000 | $39.55 | $39.5K | EDGAR |
| 2022-02-02 | Ryan A. Leggio | Vice President - Strategy | Buy (P) | +300 | $42.69 | $12.8K | EDGAR |
| 2021-07-15 | Mark Landecker | VP & Portfolio Manager | Award (A) | +5,000 | $37.37 | $186.8K | EDGAR |
| 2021-07-02 | Alfred E Osborne Jr | Director | Buy (P) | +1,410 | $45.77 | $64.5K | EDGAR |
| 2021-06-03 | Ryan A. Leggio | Vice President - Strategy | Buy (P) | +571 | $45.60 | $26.0K | EDGAR |
| 2021-06-03 | Ryan A. Leggio | Vice President - Strategy | Buy (P) | +1,000 | $45.59 | $45.6K | EDGAR |
| 2021-06-02 | Ryan A. Leggio | Buy (P) | +150 | $36.91 | $5.5K | EDGAR | |
| 2021-06-02 | Ryan A. Leggio | Vice President - Strategy | Buy (P) | +429 | $45.56 | $19.5K | EDGAR |
| 2021-06-02 | Sandra Brown | Director | Buy (P) | +600 | $45.70 | $27.4K | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
ETF Holders
1 ETF hold SOR
1 shown · $2.00M total exposure · 2.52% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | FCEF First Trust Income Opportunities ETF | First Trust | 2.52% | $2.0M | $79.6M | 2026-10-20 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.