Terra_Incognita
2025-08-13

$SOFI 20250905 21.0 PUT$ 

SoFI: collect $1333 (1.45%) premium on these short put with strike at $21. 

Contract expires in 3.5 weeks on 5th Sept. 

Sustained momentum above $20 since earnings on 29th July. 

The topping tail at $25.11 on 29th July also look set to be tested and SoFI trade as high as $24.5 on 13th Aug. 

Decided to give chase and sell put at more aggressive strike of $21. 

Will continue until momentum change. 

SOFI PUT
08-13 22:28
US20250905 21.0
SidePrice | FilledRealized P&L
Sell
Open
0.31
43Lot(s)
--
Closed
SoFi Technologies Inc.

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Comment（3）

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  • DeltaDrift
    ·2025-08-15
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    Big put position! How do you manage your risk for this trade[Bless]
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    • Terra_Incognita: 
      Selling these puts as cash secured so will have to have the cash to back up the purchase if it ever go in the money.
      Alternatively can always roll down and further dated but only works for small fluctuation and not big drops.
      2025-08-15
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  • sunshineboy
    ·2025-08-15
    That’s a smart play
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