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SoFi Technologies call volume above normal and directionally bullish

Bullish option flow detected in SoFi Technologies with 98,581 calls trading, 2x expected, and implied vol increasing almost 3 points to 70.04%. 7/10 weekly 20 calls and 7/10 weekly 19 calls are the most active options, with total volume in those strikes near 24,900 contracts. The Put/Call Ratio is 0.24. Earnings are expected on July 29th.

SOFI

Bullish option flow detected in SoFi Technologies with 98,581 calls trading, 2x expected, and implied vol increasing almost 3 points to 70.04%.

7/10 weekly 20 calls and 7/10 weekly 19 calls are the most active options, with total volume in those strikes near 24,900 contracts.

The Put/Call Ratio is 0.24.

Earnings are expected on July 29th.