Call Traders Target Fintech Name After Switch to Profits

SoFi Technologies Inc (NASDAQ:SOFI) reported fourth-quarter earnings of 2 cents per share earlier -- swinging to a profit compared to the same time last year -- and a revenue jump of 35% to $615.40 million. The fintech name attributed the results to outperformance in its non-lending segments, with total deposits rising 19% to $18.60 billion for the quarter. In response, SOFI is 20.3% at $9.17.The options pits are exploding with activity, with 450,000 calls and 151,000 puts exchanged so far, or eleven times ...