SoFi Techs Unusual Options Activity - SoFi Techs (NASDAQ:SOFI)

Financial giants have made a conspicuous bullish move on SoFi Techs. Our analysis of options history for SoFi Techs SOFI revealed 33 unusual trades.

Delving into the details, we found 54% of traders were bullish, while 39% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $184,500, and 30 were calls, valued at $4,348,485.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $5.0 to $27.0 for SoFi Techs over the last 3 months.

Insights into Volume & Open Interest

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 $5.0 to $27.0 over the preceding 30 days.

SoFi Techs Call and Put Volume: 30-Day Overview

Options Call Chart

Significant Options Trades Detected:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
SOFI	CALL	TRADE	NEUTRAL	01/16/26	$5.8	$5.7	$5.75	$12.00	$1.3M	39.6K	2.6K
SOFI	CALL	SWEEP	BEARISH	01/16/26	$4.75	$4.65	$4.64	$15.00	$469.4K	48.2K	6.5K
SOFI	CALL	SWEEP	BULLISH	03/21/25	$2.32	$2.3	$2.32	$15.00	$464.0K	22.5K	2.3K
SOFI	CALL	SWEEP	BEARISH	01/16/26	$4.6	$4.55	$4.56	$15.00	$412.4K	48.2K	6.5K
SOFI	CALL	TRADE	BULLISH	01/16/26	$8.75	$8.25	$8.75	$7.00	$168.8K	43.8K	694

About SoFi Techs

SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients’ finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.

As the U.S. presidential election fast approaches, investor anxieties are reaching a fever pitch like an orchestra building up to a crescendo. In such times of market tumult, seeking refuge in defensive dividend stocks can be akin to finding a sturdy lifeboat in a stormy sea.

The Resilient Rise of Zoetis

Among the entities that stand out in this defensive arena is Zoetis Inc., a stalwart player in the realm of animal health. With a legacy spanning over seven decades, Zoetis has become a beacon of stability in a sea of market fickleness, akin to a lighthouse guiding ships through rough waters.

A Fortified Fortress

Despite a YTD dip of 4%, Zoetis has clung tenaciously to its pillars of stability amidst the tumultuous market winds. The company's market cap looms large at around $85.1 billion, offering an anchor of steadfastness when the market tides turn rough.

A Flourishing Haven

Zoetis' five-year streak of consecutive dividend increases speaks volumes about its resilience. The company sails ahead, paying out a quarterly dividend of $0.432 per share with an annualized dividend of $1.73 per share.

Visionary Leadership and Financial Prowess

In August, Zoetis made waves as it surpassed all expectations with its second-quarter earnings. Like an eagle soaring high above the clouds, the company posted a revenue of $2.4 billion, signaling an 8% rise from the previous year—a testament to its unyielding spirit in the face of adversity.

The Bright Horizon

Guided by CEO Kristin Peck's steady hand, Zoetis raised its fiscal 2024 guidance with the confidence of a sure-footed mountaineer conquering new heights. The company anticipates revenue growth between $9.10 billion and $9.25 billion, paving the way for a brighter future.

The Astounding Acclaim and Future Projections

With a resounding consensus of "Strong Buy" ratings from analysts, Zoetis stands as a paragon of excellence in the eyes of the market. The price targets put forth a promising future, with a potential upside of 15.7% from current levels.

Diving into Kenvue - A Shield Against Turbulence

Turning our gaze to another bastion of stability, Kenvue Inc. emerges as a formidable contender in the landscape of consumer health, a shield repelling the arrows of uncertain market forces.

The Sturdy Bulwark

With a rich heritage dating back over a century, Kenvue boasts a diversified portfolio of trusted brands, standing strong with a market cap of $43.1 billion. The stock has surged 23% in the past three months, outshining broader market indices like a gleaming beacon in the night sky.

Ensuring Growth and Stability

Kenvue's recent dividend increase underscores its unwavering commitment to shareholders, offering $0.205 per share and a hearty 3.64% yield. This move aligns with the company's endeavor to drive sustainable growth and provide a steady hand amid market turmoil.

Financial News: Unlocking the Performance of Kenvue and American Water Works Unlocking the Performance of Kenvue and American Water Works

Having examined the options trading patterns of SoFi Techs, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of SoFi Techs

Currently trading with a volume of 41,387,484, the SOFI’s price is up by 4.98%, now at $15.4.
RSI readings suggest the stock is currently may be overbought.
Anticipated earnings release is in 67 days.

Professional Analyst Ratings for SoFi Techs

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $11.9.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge’s Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
* Consistent in their evaluation, an analyst from Needham keeps a Buy rating on SoFi Techs with a target price of $13.
* An analyst from Goldman Sachs has decided to maintain their Neutral rating on SoFi Techs, which currently sits at a price target of $8.
* An analyst from Mizuho has decided to maintain their Outperform rating on SoFi Techs, which currently sits at a price target of $16.
* Maintaining their stance, an analyst from Barclays continues to hold a Equal-Weight rating for SoFi Techs, targeting a price of $9.
* Maintaining their stance, an analyst from Jefferies continues to hold a Buy rating for SoFi Techs, targeting a price of $13.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for SoFi Techs with Benzinga Pro for real-time alerts.

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