r/options
Thinking about grabbing a SOFI leap, am I missing something here
Author considers SOFI Jan 2027 $22 LEAPS calls after a dip, citing product expansion and member growth despite weak fintech sector.
- SOFI stock got hammered recently, presenting a potential buying opportunity.
- Expanding product lineup and continuously climbing member growth numbers.
- LEAPS options provide ample time (2.5 years) for the stock to recover.
- The broader fintech sector has been brutal and the stock could stay down for a while.
- Option premiums are not cheap, requiring significant patience and conviction.
Saw SOFI got hammered this week and my first thought was man this feels like a gift. Looking at the Jan 2027 calls with a 22 strike and theyre not even that expensive considering the time you get. Like two and a half years for this thing to run back up
I keep going back and forth though. The fintech space has been brutal lately and just because its down doesnt mean it cant stay down for a while. But also SOFI has been expanding their product lineup and the member growth numbers keep climbing. Feels like one of those plays where you just need patience and strong hands
Anyone else been watching this one or already jumped in? Trying to figure out if Im being too cautious or if theres something obvious Im not seeing. The premium isnt crazy but its not pocket change either