Moderately bullish activity in SoFi Technologies with shares up 3.74%

Moderately bullish activity in SoFi Technologies (SOFI), with shares up 70c, or 3.74%, near $19.27. Options volume roughly in line with average with 533k contracts traded and calls leading puts for a put/call ratio of 0.36, compared to a typical level near 0.45. Implied volatility (IV30) is higher by 1.3 points near 71.41,in the top quartile of the past year, suggesting an expected daily move of $0.87. Put-call skew steepened, indicating increased demand for downside protection.