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SoFi Technologies call volume above normal and directionally bullish

Bullish option flow detected in SoFi Technologies with 199,860 calls trading, 7x expected, and implied vol increasing almost 8 points to 52.33%. May-24 8 calls and May-24 7.5 calls are the most active options, with total volume in those strikes near 54,900 contracts. The Put/Call Ratio is 0.11. Earnings are expected on July 29th.

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