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Moderately bullish activity in SoFi Technologies with shares up 2.06%

Moderately bullish activity in SoFi Technologies (SOFI), with shares up 32c, or 2.06%, near $16.07. Options volume roughly in line with average with 312k contracts traded and calls leading puts for a put/call ratio of 0.34, compared to a typical level near 0.44. Implied volatility (IV30) is higher by 2.3 points near 51.07,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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