I opened $SoFi Technologies In

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I opened $SoFi Technologies Inc.(SOFI)$ ,I opened $SoFi Technologies Inc.(SOFI)$ ,Bought

100 shares of sofi

A covered call strategy on 100 shares of SOFI, bought at $6.92, with a strike price of $7 and a premium of $0.17, provides potential benefits. You receive an immediate income of $17 from the premium, lowering your effective cost to $6.75 per share. If SOFI's price rises to $7 or above, your maximum gain is $25 ($8 from stock appreciation plus $17 from the premium). This strategy offers downside protection up to $6.75 but caps the upside at $7, reducing risk while generating income in a stable or moderately bullish market.

SOFI

06-10 21:36

USSoFi Technologies Inc.

Side	Price	Realized P&L
Buy Open	6.92	-- Closed

SoFi Technologies Inc.

# Trade Feed: Who is your favorite star traders?

Modify on 2024-06-11 08:24

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Shenpwe
·06-11
Great strategy
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