SoFi Techs's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Investors are showing a bullish stance on SoFi Techs (NASDAQ:SOFI) with significant options activity detected. Benzinga's options scanner identified 10 unusual trades, with 70% being bullish. The price target for SOFI is between $7.0 and $12.0. The stock is currently trading at $7.72.
September 26, 2024 | 3:30 pm
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Significant options activity on SoFi Techs indicates a bullish sentiment among investors, with 70% of trades being bullish. The price target is between $7.0 and $12.0, suggesting potential upward movement.
The detection of 10 unusual options trades with a 70% bullish sentiment suggests that investors expect positive movement in SOFI's stock price. The price target range of $7.0 to $12.0 indicates potential for growth, aligning with the current trading price of $7.72.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100