Bullish Trade Call on SOFI with Earnings Catalyst

2 days ago

"So, is SoFi set to deliver? Well, I believe the answer is yes. And let's get into my reasoning. So, first of all, my position on SoFi right now, I have several hundred shares or 3,100 shares. I'm up about 33% on the stock and I think SoFi is headed for some really big numbers. I would say there's a very strong support at $25 per share and my current position on SoFi. I have $26 puts which I think is a really smart strategy to sell puts before earnings in case it does fall down. I'd be more than happy to buy SoFi at $26 per share."

The speaker expresses strong bullish conviction on SOFI, highlighting a significant rally (up 33%) in his holdings and a belief that earnings will drive the stock even higher. He identifies key technical support at $25, employs a hedging strategy with $26 puts, and indicates willingness to add positions at that level.

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