Financial giants have made a conspicuous bullish move on SoFi Techs. Our analysis of options history for SoFi Techs (NASDAQ:SOFI) revealed 11 unusual trades.

Delving into the details, we found 63% of traders were bullish, while 36% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $181,950, and 8 were calls, valued at $639,314.

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 $14.0 for SoFi Techs over the recent three months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for SoFi Techs's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across SoFi Techs's significant trades, within a strike price range of $5.0 to $14.0, over the past month.

SoFi Techs Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

About SoFi Techs

Present Market Standing of SoFi Techs

• With a volume of 28,878,124, the price of SOFI is down -2.09% at $6.33.
• RSI indicators hint that the underlying stock may be oversold.
• Next earnings are expected to be released in 42 days.

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.