Moderately bullish activity in SoFi Technologies (SOFI), with shares up 66c, or 2.95%, near $23.18. Options volume roughly in line with average with 191k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.57. Implied volatility (IV30) is higher by 0.4 points near 58.7,and below the 52wk median, suggesting an expected daily move of $0.86. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SOFI:
- SOFI Stock Gets a Price Target Boost from Citi’s Top Analyst on ‘Multiple Tailwinds’
- SoFi Technologies price target raised to $28 from $18 at Citi
- SoFi Technologies price target raised to $24 from $22 at JPMorgan
- SoFi Stock Falls Despite Lightspark Partnership
- ‘SPAC king’ Palihapitiya Returns to the Public Markets with New Blank-Check Firm
