Investors with a lot of money to spend have taken a bearish stance on SoFi Techs (NASDAQ:SOFI).

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with SOFI, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 11 uncommon options trades for SoFi Techs.

This isn't normal.

The overall sentiment of these big-money traders is split between 36% bullish and 63%, bearish.

Out of all of the special options we uncovered, 5 are puts, for a total amount of $363,420, and 6 are calls, for a total amount of $183,189.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $0.5 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 $0.5 to $20.0 over the preceding 30 days.

SoFi Techs Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

About SoFi Techs

Present Market Standing of SoFi Techs

• With a trading volume of 24,275,757, the price of SOFI is down by -2.46%, reaching $7.15.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 14 days from now.

Expert Opinions on SoFi Techs

In the last month, 4 experts released ratings on this stock with an average target price of $10.125.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for SoFi Techs, Benzinga Pro gives you real-time options trades alerts.