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Options Bulls Target SoFi Technologies Stock Amid Rally
SOFISoFi Technologies(SOFI) Schaeffers Investment Research·2025-05-05 18:56

Group 1 - SoFi Technologies Inc (NASDAQ:SOFI) has seen a 2% increase in stock price, reaching 12.96,andhasonlyfinishedloweroncesinceApril22,followingpositivefiscalsecond−quarterresults[1]−Thestockhasbecomeoneofthemostpopularamongoptionstraders,withover2.9millioncallsand1.2millionputstradedinthelast10days,indicatingabullishsentiment[2]−Thestock′s10−daytotaloptionsvolumestandsat4.17million,rankingitamongthetopoptionstradedstocks[3]Group2−ShortinterestinSoFihasincreasedto13.812.96, and has only finished lower once since April 22, following positive fiscal second-quarter results [1] - The stock has become one of the most popular among options traders, with over 2.9 million calls and 1.2 million puts traded in the last 10 days, indicating a bullish sentiment [2] - The stock's 10-day total options volume stands at 4.17 million, ranking it among the top options traded stocks [3] Group 2 - Short interest in SoFi has increased to 13.8% of the stock's available float, suggesting a growing bearish sentiment despite the stock's strong performance [5] - The stock has faced resistance at the 14 level, and year-to-date, it is down 15.6% [5]