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SoFi Technologies call volume above normal and directionally bullish

Bullish option flow detected in SoFi Technologies with 45,717 calls trading, 4x expected, and implied vol increasing almost 4 points to 66.18%. 3/24 weekly 6 calls and 3/31 weekly 5.5 puts are the most active options, with total volume in those strikes near 23,600 contracts. The Put/Call Ratio is 0.41. Earnings are expected on May 9th.

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Published first on TheFly

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