Options Market Statistics: SoFi Technologies Shares See Volatility Ahead of Earnings; Options Pop

News Highlights

$SoFi Technologies (SOFI.US)$ shares rose 2% on Monday. The most traded calls are contracts of $15 strike price that expire on May 16 and the total volume reaching 168,645 with the open interest of 20,532.

SoFi Technologies will report its first-quarter results before the stock market opens on Tuesday. Investors are mainly watching how SoFi's student loan business is growing, which has helped push the stock higher recently.

At the same time, the Department of Education will start collecting payments again on defaulted federal student loans next month. These collections had been paused since March 2020 because of the pandemic.

Unusual Stock Options Activity

There was a noteworthy activity in $EyePoint (EYPT.US)$, with $7.5 puts topping the highest volume to open interest ranking. The highest volume over open interest ratio reaches 76.2x with 9,755 contracts.

Daily Active Index & Sector ETF Options

Source: Barchart, Unusual Whales, The Guardian, Bloomberg, MarketWatch

BloombergOption Volume: [Options Notes]Measuring liquidity: two key indicators to check

Open Interest: Open Interest Analysis: How to potentially grasp the market's capital flow?

Call/Put Option: Trade Options: Quickstart Guide

Option Expiration: Trade Options: Quickstart Guide

Implied Volatility Rank: Volatility Analysis: IV, HV, IV Rank, IV Percentile

Disclaimer: Options trading entails significant risk and is not appropriate for all customers. It is important that investors read Characteristics and Risks of Standardized Optionsbefore engaging in any options trading strategies. Opening new options positions close to or on their expiration date comes with substantial risk of losses for reasons that include potential volatility of the underlying security and limited time to expiration. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including i potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request.

108K Views