Whales with a lot of money to spend have taken a noticeably bullish stance on SoFi Techs.
Looking at options history for SoFi Techs SOFI we detected 21 trades.
If we consider the specifics of each trade, it is accurate to state that 66% of the investors opened trades with bullish expectations and 19% with bearish.
From the overall spotted trades, 7 are puts, for a total amount of $305,952 and 14, calls, for a total amount of $1,152,939.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $5.0 to $20.0 for SoFi Techs over the last 3 months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of SoFi Techs stands at 21652.88, with a total volume reaching 19,471.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in SoFi Techs, situated within the strike price corridor from $5.0 to $20.0, throughout the last 30 days.
SoFi Techs 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SOFI | CALL | SWEEP | BULLISH | 01/16/26 | $6.05 | $5.95 | $6.05 | $5.00 | $302.2K | 19.1K | 1.1K |
| SOFI | CALL | SWEEP | BULLISH | 01/16/26 | $6.0 | $5.95 | $6.0 | $5.00 | $191.4K | 19.1K | 2.2K |
| SOFI | CALL | TRADE | BULLISH | 01/17/25 | $3.55 | $3.5 | $3.54 | $7.00 | $177.0K | 51.1K | 584 |
| SOFI | PUT | SWEEP | BULLISH | 01/17/25 | $0.96 | $0.94 | $0.94 | $10.00 | $94.7K | 18.4K | 2.1K |
| SOFI | CALL | SWEEP | BULLISH | 01/16/26 | $6.0 | $5.95 | $6.0 | $5.00 | $91.2K | 19.1K | 2.7K |
About SoFi Techs
SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.
Following our analysis of the options activities associated with SoFi Techs, we pivot to a closer look at the company's own performance.
Present Market Standing of SoFi Techs
- With a trading volume of 19,115,091, the price of SOFI is up by 1.42%, reaching $10.32.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 8 days from now.
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