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Surge in Options Activity for SOFI, TJX, and PEP Signals Potential Moves

Options trading activity has surged in companies like SoFi Technologies (SOFI), TJX Companies (TJX), and PepsiCo (PEP). High volumes may indicate bullish sentiment, suggesting potential price movements ahead for these stocks.

Date: 
AI Rating:   7

Active Options Trading Reflects Investor Sentiment
Today's analysis reveals significant options trading activity for SoFi Technologies Inc (SOFI), TJX Companies (TJX), and PepsiCo Inc (PEP). The volume of contracts traded is notable, and it could potentially impact stock prices in the near term.

For SoFi, 215,225 contracts, translating to about 21.5 million shares, indicate a strong interest level compared to its average daily volume of 48.5 million shares. Specifically, the trading of the $12.50 strike call option for expiration on March 28, 2025, points to bullish sentiment among investors looking to capitalize on potential upward price movement.

Similarly, TJX experienced a trading volume of 24,609 contracts, representing approximately 44.1% of its average daily trading volume. The interest in the $125 strike call option expiring April 17, 2025, suggests optimism among traders regarding TJX's stock performance.

PepsiCo also saw considerable activity with 32,472 contracts traded, reaching 44.1% of its average daily volume. The high volume for the $152.50 call option, due for expiration on March 28, 2025, indicates a positive outlook among investors.

These dynamics reflect a bullish sentiment, and while no specific financial metrics like EPS, revenues, or profit margins are mentioned, the level of trading volume can indicate expected movements in stock prices. If the market aligns with the bullish sentiment expressed in these options trades, we could witness upward price movements in these stocks.