Yeah we all agree, that sofi has been experiencing the short term bearish movement.
So what i think about it is that the price around 15.00 is critical for options here is why.
if there is a short term bearish trend, I would be interested in Put options.
so if it goes down below 15.00 today, what that means is that there will be people who would be assigned to buy this at 15.00 happily, and some people will be forced in selling them. this would likely mean SOFI reversal to become up trend.
if it goes up above 15.00, the Put option will expre worthless and that will likely mean it will continue go down next week so people are forced into buying the new PUT option for hedge and put option sellers keeps making premium money ffs.
tell me what you think?
so now, what you can do if you dont wanna deal with any shit like that,
just buy this collar option very good set up right now.
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105251507 : today data very important..gonna be black friday if data not good