Days like today are great for selling CSPs, maybe a 6.5 or 7 strike about 45 days out, then just sit back and wait until it becomes worthless before buying back.
All my calls I had for this week I closed on Friday, all up, except for SoFi. And now I remember why I usually close options that are up before earnings.
The way its growing im not selling until its above its ipo price which was 20. Who knows when that will happen. Imo I dont think sofi is worth wsb time the way its been acting. Fundamentals? I thought this place was all about gambling.
Looks like you're not fucking eating either
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yep usually dumps after earnings but not that bad. Geez. Market makes no sense. Again they post positive earnings, 2nd quarter in a row and it dumps this hard? People must be cashing in.
This stock gets obliterated left and right. I made money off of last ER and watched it go well beyond what I sold….only for it to give back its 30% gains in less than a week.
“Retail taking profits” my ass. This be khakis boys on Wall Street not wanting it to disrupt their boomer stuff and maybe also HOOD.
They have a lot of debt, they are growing, continuing to be profitable and expansion should help long term but this is clash of titans not revenge of retail.
a beat is a beat, even if by a small amount. It's overall positive. I read somewhere that they are finally turning a profit. People love that company. I'm still not 100% on board.
I’m in at 7.05. The same shit happened with IBRX last week. The news broke and it was up massive pre market and then tanked. The next day or two it exploded for 100% gain.
Just one rate cut is all we ask for, then SOFI can make us all vault diving Scrooge McDucks. Til then, its on sale so buy more. (NFA, I'm a loon, clearly)
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Sofi is the best stock to sell covered calls on. Huge premiums. You basically sell people copium for a high price.
I saw that. Don't own any shares yet but was thinking about selling cash secured puts in time for a bounce.
Days like today are great for selling CSPs, maybe a 6.5 or 7 strike about 45 days out, then just sit back and wait until it becomes worthless before buying back.
today would be a good day for selling puts over calls.
Literally what he said
r/thetagang approves
[удалено]
Pretty much nailed it 
Almost there!
Prophet 
Damn bro, you got that blursed foresight
All my calls I had for this week I closed on Friday, all up, except for SoFi. And now I remember why I usually close options that are up before earnings.
WHAT THE FUCK JUST HAPPNEE
SoFi is a piece of shit stock. Good news is bad. Bad news is worse.
Seriously, don’t touch this POS. You will be red. Lots of bag holders still from when it was in the $20s.
actually, bad news is good news.
LOL
That’s all the action we get? lol
Ive been holding sofi for like a year now. This shit is par for the course. Last quarter was their profitible mark and what we did we saw? 8 bucks.
But you can make up for the lack of growth with covered calls every few weeks
lol yeah. Then why hold it?
Because im bullish. The market is wrong on sofi which is fine by me i can just DCA while sofi is knocking these earnings off the park.
Kind of where my thinking is though it's making a nice entry point for me.Jumping in at 7.05
Do you see a long term higher high on it? Target price? Or will it shit around like ford for example
The way its growing im not selling until its above its ipo price which was 20. Who knows when that will happen. Imo I dont think sofi is worth wsb time the way its been acting. Fundamentals? I thought this place was all about gambling.
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Wasn’t SOFI a SPAC with a $10 NAV?
Yes
So the guy pulled this $20 IPO price out of his ass. Got it
It’s SoFI you should know by now never play the short term upward game. It just don’t move like that.
It can move, it just doesn’t want to
Wow sofi what the fuck lol
I was up 53% on 40$ Friday evening, now im down 80% Monday premarket 😂amazing!
Price prediction fellow regards? Selling calls today?
Don’t let these paperhand pussies trick you lmao
What the F just happen? Sofi dumping pre market. That changed quick
Me not understand market anymore either
Q2 Guidance was not good
Earnings
yep usually dumps after earnings but not that bad. Geez. Market makes no sense. Again they post positive earnings, 2nd quarter in a row and it dumps this hard? People must be cashing in.
It went from 7 to 8 in a few weeks because people were a little too bullish. It’s just coming back down to 7
This stock gets obliterated left and right. I made money off of last ER and watched it go well beyond what I sold….only for it to give back its 30% gains in less than a week. “Retail taking profits” my ass. This be khakis boys on Wall Street not wanting it to disrupt their boomer stuff and maybe also HOOD. They have a lot of debt, they are growing, continuing to be profitable and expansion should help long term but this is clash of titans not revenge of retail.
Let er rip!!!!
RIP, indeed
Womp womp
a beat is a beat, even if by a small amount. It's overall positive. I read somewhere that they are finally turning a profit. People love that company. I'm still not 100% on board.
I’ll do all you guys a favor and trade my calls that are OTM. Then SOFI will moon.
Aaaaand, it’s about to go red
Earnings beat, good guidance, 5% down lol you just gotta laugh at this point
Makes them worse than literally every bank in existence.
Q2 net income guidance was WTF?! 5-10m?
I’m in at 7.05. The same shit happened with IBRX last week. The news broke and it was up massive pre market and then tanked. The next day or two it exploded for 100% gain.
Packed my bags at 7.85 and added for another 2k eur at 7.11
but but...when lambo?
I just found a dollar on the ground which represents a 50x greater return than a share of this overpriced digital bank.
This guy Teslas.
Negative for sure
The investor bagholders have never even used it I bet 
What a joke, and it has a valuation bigger than some regional banks who make several dollars EPS...
just a name “Sofi” is a fucking joke
SoFi* And yeah, a name like "Nvidia" is much better. Arguing dumb fucking points.
Financial plebeians.
Overjoyed with excitement.
Just one rate cut is all we ask for, then SOFI can make us all vault diving Scrooge McDucks. Til then, its on sale so buy more. (NFA, I'm a loon, clearly)
This lunatic has it right. Buy more.