Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Will Ashworth

2 Unusually Active SOFI Call Options: Which Is the Better Buy?

SoFi Technologies (SOFI) stock gained 15% in February. On Tuesday, it gave all that back after the San Francisco-based fintech announced it was issuing $750 million in convertible notes. 

Investors generally don't like these types of announcements because it means their shares will potentially be diluted should the owner of the convertible notes convert them to SOFI stock. In addition, it could mean the company feels it’s undercapitalized right now. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.