Option traders moderately bearish in SoFi Technologies (SOFI), with shares down 14c near $15.47. Options volume roughly in line with average with 346k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.45. Implied volatility (IV30) is higher by 2.8 points near 54.1,in the bottom quartile of the past year, suggesting an expected daily move of $0.53. Put-call skew steepened, indicating increased demand for downside protection.
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