tiprankstipranks
Trending News
More News >

Mixed options sentiment in SoFi Technologies with shares up 1.88%

Mixed options sentiment in SoFi Technologies (SOFI), with shares up 34c, or 1.88%, near $18.46. Options volume roughly in line with average with 130k contracts traded and calls leading puts for a put/call ratio of 0.37, compared to a typical level near 0.46. Implied volatility (IV30) dropped 0.15 near 70.6,in the top quartile of the past year, suggesting an expected daily move of $0.82. Put-call skew steepened, indicating increased demand for downside protection.

Don’t Miss TipRanks’ Half-Year Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1