Moderately bullish activity in SoFi Technologies (SOFI), with shares up 14c, or 0.91%, near $16.16. Options volume relatively light with 113k contracts traded and calls leading puts for a put/call ratio of 0.26, compared to a typical level near 0.47. Implied volatility (IV30) is higher by 0.2 points near 51.37,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.52. Put-call skew steepened, indicating increased demand for downside protection.
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