Option traders moderately bearish in SoFi Technologies (SOFI), with shares down $1.71 near $26.75. Options volume running well above average with 831k contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.49. Implied volatility (IV30) is higher by 3.3 points near 85.52, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.44. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: SoFi Technologies (SOFI) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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