Moderately bullish activity in SoFi Technologies (SOFI), with shares up 18c, or 0.76%, near $23.83. Options volume roughly in line with average with 390k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.59. Implied volatility (IV30) is higher by 1.8 points near 54.04,and below the 52wk median, suggesting an expected daily move of $0.81. 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:
- SOFI Stock Defies Wall Street Caution, Extends Its Rally
- Moderately bullish activity in SoFi Technologies with shares up 5.42%
- Mixed options sentiment in SoFi Technologies with shares down 0.57%
- SoFi’s Strategic Growth and Financial Strength: A Buy Recommendation
- SoFi Technologies price target raised to $14 from $13 at Keefe Bruyette