MomentumOptions.com Position Alert (SOFI) for 12/10/2024

8:15pm (EST)

We have an update on SOFI so let’s go check the tape.

Position Alert!

SoFi Technology (SOFI, $15.29, down $0.28)

SOFI January 17 calls (SOFI250117C00017000, $0.80, down $0.20)

Entry Price: $0.55 (11/19/2024)

Exit Target: $1.10

Return: 73%

Stop Target: 95 cents (Stop Limit)

SOFI January 13 calls (SOFI250117C00013000, $2.65, down $0.30)

Entry Price: $0.65 (11/8/2024)

Exit Target: $4 (closed half at $3 on 11/21)

Return: 342%

Stop Target: $2.75 (Stop Limit)

Action: Both Stop Limits were triggered today following the late day dip to $15.14. We will certainly keep shares on our Watch List for another reentry point.

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