High-rolling investors have positioned themselves bullish on SoFi Techs SOFI, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in SOFI often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 38 options trades for SoFi Techs. This is not a typical pattern.
The sentiment among these major traders is split, with 50% bullish and 39% bearish. Among all the options we identified, there was one put, amounting to $40,332, and 37 calls, totaling $2,193,077.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $7.0 to $30.0 for SoFi Techs during the past quarter.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for SoFi Techs's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of SoFi Techs's whale trades within a strike price range from $7.0 to $30.0 in the last 30 days.
SoFi Techs Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SOFI | CALL | SWEEP | BULLISH | 07/18/25 | $3.7 | $3.6 | $3.67 | $16.00 | $213.1K | 5.5K | 643 |
| SOFI | CALL | SWEEP | BULLISH | 03/21/25 | $2.0 | $1.98 | $2.01 | $17.00 | $200.9K | 10.4K | 1.4K |
| SOFI | CALL | SWEEP | BEARISH | 01/15/27 | $5.45 | $5.3 | $5.3 | $20.00 | $159.0K | 14.0K | 1.5K |
| SOFI | CALL | SWEEP | BEARISH | 04/17/25 | $2.97 | $2.9 | $2.9 | $15.00 | $145.8K | 13.1K | 503 |
| SOFI | CALL | SWEEP | BULLISH | 01/17/25 | $4.1 | $3.7 | $4.05 | $12.00 | $111.7K | 30.6K | 0 |
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.
Having examined the options trading patterns of SoFi Techs, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of SoFi Techs
- Trading volume stands at 26,370,003, with SOFI's price up by 3.87%, positioned at $16.64.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 32 days.
Expert Opinions on SoFi Techs
3 market experts have recently issued ratings for this stock, with a consensus target price of $13.666666666666666.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * In a cautious move, an analyst from B of A Securities downgraded its rating to Underperform, setting a price target of $12. * An analyst from JP Morgan has decided to maintain their Neutral rating on SoFi Techs, which currently sits at a price target of $16. * Maintaining their stance, an analyst from Morgan Stanley continues to hold a Underweight rating for SoFi Techs, targeting a price of $13.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest SoFi Techs options trades with real-time alerts from Benzinga Pro.
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