Mixed options sentiment in SoFi Technologies (SOFI), with shares down 92c near $21.48. Options volume running well above average with 710k contracts traded and calls leading puts for a put/call ratio of 0.66, compared to a typical level near 0.54. Implied volatility (IV30) dropped 0.66 near 53.94,and below the 52wk median, suggesting an expected daily move of $0.73. Put-call skew flattened, suggesting a modestly bullish tone.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SOFI:
- Video: Starbucks moving after earnings, Peloton up after upgrade
- SoFi Technologies price target raised to $13 from $11 at Morgan Stanley
- SoFi Technologies Announces $1.5 Billion Stock Offering
- Strong Q2 Performance and Strategic Financial Moves Reinforce Buy Rating for SoFi Technologies
- SoFi Technologies price target raised to $21 from $18 at Barclays