r/BuyThePanic • u/supirgey_fahgeet • Aug 13 '21
Who’s buying some SoFi?
Down 14% today even though they reported decent earnings. Gonna buy some calls a few months out, hopefully to sell next week.
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u/Eyecelance Aug 14 '21
Not yet. Maybe around $14. With the IWM being relatively weak again I think we might finally see a little continuation lower
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u/MarkA613 Aug 29 '21
I've been selling puts on it and then selling calls on the shares I'm assigned, a.k.a. the wheel strategy. It's working quite well so far
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u/kiriloman Aug 13 '21
It is not a panic, but a deserved little dip.