Option traders moderately bearish in SoFi Technologies (SOFI), with shares down $1.30 near $19.45. Options volume running well above average with 290k contracts traded and puts leading calls for a put/call ratio of 1.09, compared to a typical level near 0.58. Implied volatility (IV30) is higher by 5.3 points near 66.23,and above the 52wk median, suggesting an expected daily move of $0.81. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Overweight at JPMorgan.
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