SOFI

DebtOk4461

SOFI over $25 soon.

Groucho-and-Harpo

I’m doing the same thing. Going even higher on margin (only 28% equity percentage). But to limit risk, I am letting covered calls run ITM as much as possible. So if for some reason the market or an individual stock tanks I won’t get a margin call. I do leave a slight buffer on the 28% too. My overall strategy then is to roll on down days. This maximizes the amount of credit on the roll. If for some reason the stock tanks sharply, I close out or let the calls expire worthless then regroup. I just did this for SOFI…16.5/17.0 strike calls went worthless post earnings, then I sold 17.5 strike CCs once the stock popped up again. I don’t panic when the stock goes way ITM. Either it comes back down later, or it gets called away and capital goes elsewhere. I do think it will help to diversify, especially don’t get all stocks that swing together. If gas prices shoot up, your portfolio goes down in unison, especially F and AAL. Try adding healthcare stocks like PFE, consumer staples like GIS or GAP, maybe even precious metals like SLV as a buffer. OP feel free to PM me. Would love to bounce ideas around with someone working the same strategy!

Dapper-Hat-6523

Should I short SOFI into $17.50?

DebtOk4461

SOFI, get your ass to $25

hv876

Has SOFI considered changing its name to SOFI.AI?

moSNAP

I've been ordering groceries with same day delivery with Amazon Prime. Amzn is eating into the already low-margin groceries business. Be careful. I practiced CC'ed on AAL when I got started, I think that's great it's come up from $12-10 to where it is today. I think SOFI is underpriced given its killer earnings. My rule: Buy 1000 shares of Stock. Only sell 5 cons of CC at a time. Take premiums and reinvest in the stock. Stagger the sells, target peaks when you can. Good luck! Consider wheeling CSPs when your CCs get called away too.

ParacodinxCodipront

QCOM PLTR SOFI ez setup 2x to 5x

ParacodinxCodipront

QCOM PLTR SOFI ez setup 2x to 5x

ThetaEdgeHQ

The part that gets missed here is that the margin quietly flips the risk profile of the covered call. The whole safety pitch of a CC is worst case I own shares I already wanted. On 50 percent margin it is not really covered in the way that matters, it is a short put financed by a loan, and the loan is a fixed number that does not fall when the shares do. The bigger issue is the basket. AAL, SOFI and F are all high beta names that trade off the same macro tape, so they tend to drop together rather than offset each other. Four names under 20 dollars feels diversified but it is closer to one leveraged bet on risk appetite staying on. If two of them gap down in the same week your margin equity falls faster than the share value because the borrowed part stays constant, and the covered calls cap your upside so you can never rebuild that buffer on the bounce. That combination, capped upside plus levered downside plus correlated names, is the setup that turns a 1 percent a week plan into a forced sale at the low. And the margin interest is a guaranteed drag the 1 percent has to clear first, so your real hurdle to beat just holding the shares unlevered is higher than it looks.

TravelingInClass

Stop listening to uncle bruce. I still remember his show during SOFI's last earnings. Happened to stumble upon it, stayed for 20 minutes. I logged off after he said, he can see it go from $23-24 to over $28. 6 minutes later it dropped to under $20 and stayed around $18 since.

themayorhere

SOFI rules

themayorhere

I’m in heavy on SOFI. Planning to go in even harder

thisMatrix_isReal

my SOFI calls expire end of August. Any hope or I am cooked fr?

0DTEDEGEN1

SOFI was made for poor people who couldn't afford regular banking, not even joking

detectivelok

Buy SOFI.

SummerSpringWinter

SOFI is shit

Non-mon-xiety

🤑 up 10 percent in SOFI

CalebVanPoneisen

Looks like SOFI made her choice quite clear.

WocketWaccoon

SOFI the stock is such a piece of shit under Anthony “fat cuck” Noto

Glum-Swing8806

sofi is profitable, but that doesnt matter as long as "the market" isnt willing to invest in it. they have beat earnings consistently the past several quarters and the stock goes down every time. the market is not interested in SOFI unless we start to see rate cuts and thats been proven several times over these past few months.

Academic_Lock_1699

SOFI finally pricing in the earnings beat

miss_L_fire

My SOFI calls are printinggg

MorphIQ-Labs

The important number is not premium return on the winning trades. It is total return and drawdown on all cash committed across the complete lifecycle, including assignments and periods spent holding the stock. In your SOFI example, 0.46 / 15 is a 3.07% maximum return over 34 days. But closing at 50% makes the typical realized winner only $23. Below the $14.54 breakeven, losses become nearly dollar-for-dollar with the stock. A move to $10 would produce roughly a $454 expiration loss, equivalent to about twenty $23 winners. Also, 28 delta only describes the position at entry. It is neither a fixed assignment probability nor a permanent 28-share exposure. Because the short put has negative gamma, its effective long-stock exposure increases as the stock falls and can approach 100 shares during a sufficiently large decline. Assignment and “wheeling it” do not repair the loss. Assignment changes its form from a short put into long stock. Selling a covered call collects more premium but can also cap the recovery below your original basis. A cash-secured put and the corresponding covered call have effectively the same expiration risk profile; the Options Industry Council describes that relationship [here](https://www.optionseducation.org/strategies/all-strategies/cash-secured-put). To evaluate the claimed 40%, I would want: * Return on total cash secured, not premium collected * Mark-to-market results for open and assigned positions * Maximum drawdown and worst assignment episodes * Exact 50%-profit, rolling, and covered-call rules * Idle-cash interest, fees, and taxes * Comparison with buy-and-hold and a risk-matched benchmark Mechanically annualizing 3–4% monthly premiums can produce a number near 40%. That is arithmetic, not evidence that the complete strategy returned 40% after its negatively skewed losses.

Little-Revolution650

Some of my current favs: CELH, AMD, MSFT, SOFI, EME, AMZN

Hellmale

SPY $751 puts, ASTS $71 puts, SOFI 13.5 calls, T $23 calls

Latter_Till5885

SOFI isn’t on my watchlist ah rip it looks nice

Hellmale

Imagine not buying calls on SOFI

StonkGoUp

What’s the bull case on SOFI?

adarbyem

Ended the week with 100 shares of SPCX @ 111.00 cost basis, and 300 shares of SOFI @ 15.65 with 3 18.50 Aug 28 short calls. Down overall on SPCX, but with what is coming next week, I may buy a Aug 07 $100 put to hedge my SPCX position and maintain my SOFI positions as necessary. Best of luck to you all!

Hellmale

Wow! SOFI calls that I bought average $1.94 are now $3.21. 😂

Hellmale

Holding $751 putx5, ASTS $71 putsx5, SOFI $13.5 callsx12, T $23 calls x15😆

donefukupped

Can I submit SOFI as number 3?

poopy_wizard132

SOFI, you can keep going up today.

Nasturzia

I am ashamed to admit that is exactly what happened to me on SOFI. I was assigned, took delivery, sold long put of the put credit spread and became a bag holder. I sold calls a couple of times, but they were cheap. My median price went down, but I am still at a loss and SOFI went even lower.

adarbyem

I have positions in SPCX, T, and SOFI. I will evaluate the day and manage the covered calls on these positions. Perhaps day trade some volatility in SOFI or SPCX if the opportunity presents itself.

Moist_Recording8809

Reddit and SOFI always down huge after reporting banger earnings. I'll be adding shares tomorrow.

Namtabmal

Lmao SOFI dropped 10% yesterday and now got it all back. How does that make any sense. Literally buying every dip in existence seems to yield results every single time

Hellmale

SPY $748 puts , ASTS $71 puts, SOFI calls, T calls😆

Academic_Lock_1699

SOFI selloff yesterday made no sense

Flat-Focus7966

SOFI shorts had fun for too long.....

Room_101_Escapee

Own CRWV at 90 and SOFI at 20. Looks like I belong here

GoZukkYourself

Who has two thumbs and is bag holding SOFI? 👍🤡👍

DebtOk4461

Why did SOFI get crushed after a record quarter???

DebtOk4461

Why did SOFI get crushed???

i_fuck_eels

Going to just hope that SOFI hit its current bottom and will move up until its next successful earnings, where it will inevitably plummet once again

DukeSC2

I sold my SOFI puts a few cents from the low of day and I know that shit was luck. What a disgusting display lmao

Hellmale

So far mid more than $1300 today playing both calls and puts. No holding SOFI and T calls expiring 2 weeks 😆

crywhenugetolder

Bought SOFI dip. Will buy more SOFI if dips more.

Funkyarkansan

I’m buying SOFI calls.😂

Academic_Lock_1699

SOFI with another beat, down -10%...some WsllStreet big boys don't like the company

SouthGullible8389

Isn't SOFI, might be GPIF Japanese government pension fund (manages 1.8T$) is deeply into us stocks and tech, is deinvesting to go back to JP, China and Japan are dumping us bonds, FED might maintain rates, war in iran...

Hovercraft_Typical

Surely SOFI and VRT are an entry at this level? and what we thinking for MSFT going into earnings? Could this be the stand out moment for its cloud computing business?

waka_wear_art

SOFI is in a falling knife territory. It has red flags all around given trump can't get out of this oil war which impacts the lending write offs of this bank to mid credit folks on the lower end of the K. 

Spac55

Who care for SOFI It’s not semi

roke34442

I need to check again but the last time I looked SOFI was still a POS.

Nasturzia

I honestly don't understand why is the stock down. I am definitely missing something about SOFI.

Metacog_Drivel

SOFI and being a massive piece of shit, name a more iconic duo.

Shoganai_Hito

SOFI bros… blink twice if you’re ok

oldbeancam

My SOFI 1/27s just dropped 50%

Shoganai_Hito

SOFI bros… blink twice if you’re ok

Beazt11123

These SOFI bags are heavy

traderbusto

SOFI is the SNAP of JP Morgan’s

triggermeharderdaddy

SOFI beats and raises literally every time and they dump the stock

Opposite_Engine_6776

SOFI baggies, how we doing this morning? I thought we were going to be the pinnacle of modern banking ?

BeatzAway

Got cooked by SOFI, fml

Prestigious_Way_738

I own a lot of SOFI and SNDK.

IvoryTowerResident

both strong beat too. I too am bag holding SOFI from $17 ish

Old-Commission2782

I’ll buy SOFI again when it hits $12-13. Don’t even care to miss out on it.

Unfair_Adeptness_838

Big 7 struggles to stqy in green, SOFI dies after earnings beat. Meanwhile DDOG another 4% on no news. Most manipulated stock out there

broke_person

Everyday a stock I own is down -10% or more. It was NBIS and now it's SOFI next it's MSFT

NapNapNapNap

Bye Bye SOFI

Rambodeth_

Good job SOFI

Old-Commission2782

Not buying SOFI at $15?!

Tis_But_A_Scratch___

God damn, SOFI

Busy_Durian4584

SOFI and VRT are killing me per usual

traderbusto

SOFI slight beat, good guidance, drilling down to the mantle

iliveasimplelife

SOFI will reverse to ATH once i sell my shit

CEO_of_SOXL

SOFI is such a waste to be in

Federal-Watch

Nice to see SOFI continue a longstanding tradition of beating, raising and dumping 🤗

GrossFleshSack

You know I was feeling pretty damn good lastnight before I got liquidated twice on DRAM just to watch it go back up to my initial entry right after. Damn Koreans panic selling. And then SOFI decided to dump on strong earnings and I had calls there. So fuck me this morning. Thinking about TSLA calls on open and riding until about an hour and a half before FOMC decision.

IvoryTowerResident

not sure ppl here still own SOFI, what a horrible reaction to earnings

ActuatorHot8514

why is SOFI down i think this is a great buy right now

Metal-Water

SOFI bulls are pathetic

corundum9

SOFI beat and raised guidance. 0.12 actual v 0.11 estimates EPS net revenue up 40% year over year

DICK_STUCK_IN_COW

Might just say fuck it and go all in with 4x margin on SOFI before 8am

calmoney149

SOFI, META, MSFT, Fed rate decision! Prayers 🙏

RegardedJensen

It's 2050 SPY is at 3000 QQQ is at 4500 Nvidia valued at 20 trillion ..SOFI still struggling to break $20 🥺🥺

ViolentOnion

Sleep well tonight knowing that tomorrow morning SOFI will single handedly save the market

GoZukkYourself

I'm going to sleep in my 🤡 makeup in preparation for SOFI's earnings 🤡 🛏️

thisMatrix_isReal

puts then, thanks my friend BTW: any tips about MRVL and SOFI?

Slightlybadpicks

Only SOFI can save me tomorrow 🙏🙏😭😭😭

winterrules91

You are young and have time on your side. ETFs are perfectly fine for you. If you want to take some bets, you can either add a small/mid-cap ETF or pick some risky but immense potential stocks. For your age, a core portfolio of say 75% ETFs and 25% stocks is fine, if not even more tilted towards ETFs. Some long-term stock bets that I really like long-term: ASTS, RKLB, SOFI Stocks that are going to dominate the future in general: GOOG, AMZN, TSLA

AdhesivenessOk1997

Swing TDOC momentum into ER. Short any strength on SOFI and grab some GOSS below .18 Play /ES overnight until Europe sells off.

Necessary_Fly_9266

SOFI pick a damn direction

Lower-Condition-4104

Tomorrow will be death day some and with Fed Int Rate Decision.....wooo boy I'm looking at you SOFI. We will see you after a 5% haircut.

Slightlybadpicks

Need SOFI to rip 🙏

Necessary_Fly_9266

SOFI calls if you want to donate money

Due_Marsupial_969

Nflx, GOOG (will take longer),, SOFI (quicker), PGY (bumpy ride), HOOD (quicker, especially with covered calls due to generous premiums and vol). HAPN (easy call)

iliveasimplelife

MSFT, META and SOFI pls i don't have it in to hold more bags

Mental-Revenue-4213

SOFI puts because I bought calls