Behind the Scenes of SoFi Techs's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Investors are showing a mixed sentiment towards SoFi Techs (NASDAQ:SOFI) with significant options trading activity. The options trades are split evenly between bullish and bearish sentiments, focusing on a price range of $5.0 to $12.0. The stock is currently down 1.5% at $7.87, with RSI indicators suggesting it may be overbought. An analyst from Needham has downgraded the stock to 'Buy' with a target price of $10.0.
September 03, 2024 | 6:30 pm
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SoFi Techs is experiencing significant options trading activity with a mixed sentiment. The stock is currently down 1.5% at $7.87, and RSI indicators suggest it may be overbought. An analyst from Needham has downgraded the stock to 'Buy' with a target price of $10.0.
The article highlights significant options trading activity for SoFi Techs, with a balanced sentiment between bullish and bearish. The stock's current price and RSI indicators suggest potential overbought conditions, which could influence short-term price movements. The downgrade by Needham to 'Buy' with a $10 target adds to the mixed sentiment, indicating potential volatility.
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