Check Out What Whales Are Doing With SOFI

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Whales with a lot of money to spend have taken a noticeably bearish stance on SoFi Techs.

Looking at options history for SoFi Techs SOFI we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 75% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $100,190 and 5, calls, for a total amount of $218,771.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $5.0 to $20.0 for SoFi Techs over the recent three months.

Volume & Open Interest Trends

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in SoFi Techs's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to SoFi Techs's substantial trades, within a strike price spectrum from $5.0 to $20.0 over the preceding 30 days.

SoFi Techs 30-Day Option Volume & Interest Snapshot

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
SOFI CALL TRADE BEARISH 03/21/25 $4.05 $3.7 $3.75 $13.00 $88.8K 9.9K 237
SOFI CALL SWEEP BEARISH 02/07/25 $0.47 $0.46 $0.46 $16.50 $47.4K 6.9K 3.3K
SOFI PUT TRADE BEARISH 06/20/25 $2.59 $2.46 $2.59 $17.00 $44.0K 5.5K 170
SOFI PUT TRADE BEARISH 04/17/25 $1.91 $1.9 $1.91 $17.00 $30.5K 3.1K 0
SOFI CALL TRADE BEARISH 01/16/26 $3.1 $3.0 $3.0 $20.00 $30.0K 67.9K 6

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.

In light of the recent options history for SoFi Techs, it's now appropriate to focus on the company itself. We aim to explore its current performance.

SoFi Techs's Current Market Status

  • Trading volume stands at 3,172,930, with SOFI's price down by -0.21%, positioned at $16.41.
  • RSI indicators show the stock to be may be approaching overbought.
  • Earnings announcement expected in 87 days.

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.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for SoFi Techs with Benzinga Pro for real-time alerts.

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Financials Analysis
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