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SoFi Technologies put volume heavy and directionally bearish

Bearish flow noted in SoFi Technologies (SOFI) with 116,066 puts trading, or 5x expected. Most active are Jun-25 10 puts and Mar-25 16 calls, with total volume in those strikes near 88,500 contracts. The Put/Call Ratio is 1.74, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 28th.

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