Moderately bullish activity in SoFi Technologies (SOFI), with shares down 6c near $18.05. Options volume relatively light with 93k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.43. Implied volatility (IV30) is higher by 0.4 points near 46.58,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.53. Put-call skew flattened, suggesting a modestly bullish tone.
Summer Sale - Claim 70% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SOFI:
- SoFi Stock Slides as Growth Story Meets Cash-Flow Jitters
- Cboe data shows mixed options sentiment in SoFi Technologies with shares down 1.28%
- SoFi introduces private market funds from CAZ Investments, AngelList
- SOFI Stock Price Forecast – What Technical Indicators Say Post Q2 Earnings
- SoFi Stock Under Pressure, But Insiders Keep Buying
