Market Whales and Their Recent Bets on SOFI Options
Portfolio Pulse from Benzinga Insights
High-rolling investors have shown a bullish stance on SoFi Techs (NASDAQ:SOFI) through significant options trading activity. Benzinga's options scanner identified 8 trades, with 62% being bullish. The trades suggest a price range between $5.0 and $10.0 for SOFI. The stock is currently priced at $6.49, down 0.76%, with neutral RSI indicators. Analysts have mixed ratings with an average target price of $8.75.
August 06, 2024 | 4:16 pm
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Significant options trading activity on SoFi Techs (NASDAQ:SOFI) indicates a bullish sentiment among high-rolling investors. The stock is currently priced at $6.49, down 0.76%, with neutral RSI indicators. Analysts have mixed ratings with an average target price of $8.75.
The significant options trading activity, with 62% of trades being bullish, suggests that major investors are optimistic about SOFI's short-term performance. The stock's current price and neutral RSI indicators, combined with mixed but generally positive analyst ratings, support a likely upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100