Financial Services
SOFI
SoFi Technologies Inc.
Generate high income from SoFi (SOFI) with covered calls and cash secured puts. Low share price with high volatility for accessible premium.
Monthly Premium4.0-6.0%
Annualized Return48-72%
Stock Price$12-18
IV RankVery High (65-85)
Options LiquidityVery Good
Dividend Yield0%
Why SOFI for Covered Calls & Cash Secured Puts?
SOFI offers extremely high premium relative to share price, making it one of the best percentage returns for the wheel. Very accessible (~$1,500 for 100 shares). High retail interest ensures liquidity.
Example Covered Call Trade
SOFICovered Call
Strike Price$17 (12% OTM)
Expiration30 days
Premium$0.75 per share
Return If Flat5.0% ($75)
Return If Called17.0% ($255)
Keep Probability65% keep shares
Recommended Strategy for SOFI
Perfect for small accounts wanting to learn the wheel with high percentage returns. Sell calls 10-15% OTM weekly or monthly.
Risks to Consider
- Very high volatility
- Fintech competition
- Interest rate sensitivity
- Path to profitability concerns
- Student loan exposure
Analyze SOFI Covered Calls Now
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