SOFI News & Events

SoFi Technologies announced the availability of a new exchange-traded fund, the SoFi Social 50 Income ETF. SFYI invests in the top 50 U.S.-listed stocks held by SoFi Invest self-directed brokerage accounts and adds an actively managed options strategy designed to pursue monthly income distributions and growth potential.

Moderately bullish activity in SoFi Technologies (SOFI), with shares up 72c, or 4.02%, near $18.65. Options volume roughly in line with average with 371k contracts traded and calls leading puts for a put/call ratio of 0.34, compared to a typical level near 0.39. Implied volatility (IV30) is higher by 2.7 points near 68.15,in the top quartile of the past year, suggesting an expected daily move of $0.80. Put-call skew steepened, indicating increased demand for downside protection.