To The Moon

There have been huge support seen on $SoFi Technologies Inc.(SOFI)$, the current support is now at previous resistance highs from 2021 and 2022.

We can see that SOFI bulls have been putting up a very good fight every time we challenge this range. We can see that the 12-month EMA is casually curling up.

I think we can make this area on a technical standpoint. So if we looking for the monthly higher lows for more upside movement in 2026, we can see that trading is decent around 27 or lower. and not forgetting that SOFI PEG is at 1.1 and SoFi's (SOFI) Price-to-Sales (P/S) ratio varies slightly by source but generally hovers around 9.9x to 10x for the current trailing twelve months (TTM), with some estimates showing it as high as 11.91x, indicating investors are paying nearly $10 for every dollar of revenue, reflecting strong growth expectations for this growing fintech giant, though it's higher than traditional banks, typical for tech/growth stocks. 

Expected Move For SOFI For This Week

The expected move for SoFi is 27.35 for the week, but I think we can go deeper to 26 or lower. So looking at the option chain, for the expiration for the next two weeks, we might want to look at strike price at 26 or 26.5.

Strike Price 26 or 26.5? Expiration : 02 Jan 2026

We are looking at strike price for 26 or 26.5, and these are below the expected move of 27.35. We will be getting 32 cents for strike price 26, and 45 cents for strike price 26.5. So if SoFi drops on Tuesday (23 Dec), we will need to pay attention because then we might be able to find the 26s.

So for January 02, we would be looking for roughly the same strikes, we can see that 26, they are paying roughly 1% which is what we want to see for 2 weeks time.

So I would think 26 area is not a bad starting point. I would be continuing to monitor.

Summary

With SoFi now making nice upside movement, but the concerns of some downside which could be possible if investors decide to take profits, then we might want to take advantage by playing short puts to capture the upside for a 2 weeks period.

And the bulls have also been putting up a good fight when the range around 26 have been challenged. So I will be monitoring the option chain tonight (23 Dec) and see if I can get in at strike 26 expiration 02 Jan.

Appreciate if you could share your thoughts in the comment section whether you think SoFi would be a good candidate for short puts play for two week expiration.

@TigerStars @Daily_Discussion @Tiger_Earnings @TigerWire @MillionaireTiger appreciate if you could feature this article so that fellow tiger would benefit from my investing and trading thoughts.

Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.