SoFi Techs Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Whales have shown a bearish stance on SoFi Techs (NASDAQ:SOFI) with 84% of options trades being bearish. The stock is currently down 2.14% at $9.82, and RSI indicators suggest it may be overbought. The next earnings report is due in 12 days.
October 17, 2024 | 5:48 pm
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Whales have taken a bearish stance on SoFi Techs with 84% of options trades being bearish. The stock is down 2.14% at $9.82, and RSI indicators suggest it may be overbought. Earnings are expected in 12 days.
The article highlights significant bearish options activity on SoFi Techs, with 84% of trades being bearish. This suggests a negative sentiment among large investors, which could lead to downward pressure on the stock price. The current stock price is down 2.14%, and RSI indicators suggest it may be overbought, further supporting a potential short-term decline. The upcoming earnings report in 12 days could also impact the stock price.
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