Market Whales and Their Recent Bets on SOFI Options
Portfolio Pulse from Benzinga Insights
Market whales have taken a predominantly bearish stance on SoFi Techs (NASDAQ:SOFI) options, with 64% of trades being bearish. The price range targeted by these trades is between $3.0 and $10.0. Analysts have mixed ratings, with price targets ranging from $7 to $10.
July 22, 2024 | 6:15 pm
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NEGATIVE IMPACT
Market whales have taken a predominantly bearish stance on SoFi Techs (NASDAQ:SOFI) options, with 64% of trades being bearish. Analysts have mixed ratings, with price targets ranging from $7 to $10.
The majority of options trades (64%) are bearish, indicating a negative sentiment among large investors. Additionally, the stock price is currently down 1.23%, and RSI indicators suggest it may be approaching overbought territory. Analysts have mixed ratings, which adds to the uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100