SoFi Technologies Options Attract Investor Interest

Investor interest peaks as new options for SoFi Technologies Inc emerge. The latest call contract presents an 11.15% potential total return, raising questions about SOFI's market performance.

Date: 27-03-2025

AI Rating: 7

Potential Returns and Investment Strategies
Investors holding SoFi Technologies Inc (SOFI) can explore new call options set to expire on May 9th. The $13.00 strike price call contract has a current bid of $1.06, and if shares are bought at $12.65, it offers a potential total return of 11.15%. This return does not account for any dividends.

With the $13.00 strike representing a 3% premium to the current stock price, it is positioned slightly out-of-the-money. Should the stock not hit this strike, the covered call could expire worthless, allowing investors to retain both their shares and the premium collected, which correlates to an 8.38% additional return or an impressive 71.13% annualized YieldBoost.

The odds of the call contract expiring worthless are calculated at 49%, a notable point for investors considering this strategy. The implied volatility of the call contract is reported at 72%, suggesting higher expected price swings, while the actual 12-month volatility stands at 54%. This discrepancy implies that investors foresee increased market fluctuations ahead.

Stocks: SOFI