Moderately bullish activity in SoFi Technologies (SOFI), with shares up 96c, or 3.23%, near $30.64. Options volume roughly in line with average with 460k contracts traded and calls leading puts for a put/call ratio of 0.32, compared to a typical level near 0.44. Implied volatility (IV30) is higher by 3.0 points near 65.87,and above the 52wk median, suggesting an expected daily move of $1.27. Put-call skew flattened, suggesting a modestly bullish tone.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SOFI:
- ‘Just the Beginning,’ Says Top Investor About SoFi Stock
- Private Markets: Polymarket planning U.S. return with sports focus
- SoFi Technologies price target raised to $27.50 from $20.50 at UBS
- SoFi Technologies price target raised to $27 from $24 at Goldman Sachs
- SoFi Technologies price target raised to $38 from $31 at Mizuho