11:35am (EST)
We have a New Trade this morning so let’s get on it.
New Trade!
SoFi Technology (SOFI, $14.15, up $0.22)
Sell to Open SOFI January 17 calls (SOFI250117C00017000, $0.55, up $0.05)
Action: We are suggesting buying the stock at current levels while selling the SOFI January 17 calls for every 100 shares bought. These are the regular options that expire on January 17th, 2025. This will lower the cost basis in the trade to $13.60.
