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Moderately bullish activity in SoFi Technologies with shares up 5.22%

Moderately bullish activity in SoFi Technologies (SOFI), with shares up $1.38, or 5.22%, near $27.73. Options volume running well above average with 703k contracts traded and calls leading puts for a put/call ratio of 0.3, compared to a typical level near 0.52. Implied volatility (IV30) is higher by 2.0 points near 82.08, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.43. Put-call skew steepened, indicating increased demand for downside protection.

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