I closed $SOFI 20240419 7.0 PUT$  ,SoFI: collected full premium of 1.85% over a period of 16 days for this cash secured put. For the 6th week now the support at $7 is still holding though in recent days, it’s closer on the lower end of $7. This already allow me to sell new cash secured puts at $6.5 to keep some distance. Meanwhile, I still have existing CSP that will expire on 3rd May also at $7 strike price so wish the support line continue to hold. However if the market continue to corrects as the past week, won’t be surprise that SoFI will also drift down along with the market sentiments. Will observe and adjust my trades accordingly.
SOFI PUT
04-20 15:50
US20240419 7.0
SidePriceRealized P&L
Buy
Close
0.00+100.00%
Closed
SoFi Technologies Inc.
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  • strong support @7

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