How Drawbridge Finance’s view on $SOFI changed

2026-09-02
“Livestream Tuesday Sep 1st 11:00am PST (2:00pm EST)”
SOFI is good for trading but poor for covered calls due to capped upside.

And if you know of stocks that consistently pay as much as these do, you can look at a stock like SoFi. I mean, it is a fantastic stock uh to trade.

If we were to look at the, you know, let's look at the one-year chart on SoFi. Um, it has tons of premium in it as well. But look at this movement. You know, it it's 16 bucks. Right now, it's trading at $17 and the stock was at 32.

So, it was great if you were swing trading this. But if you were holding this for any amount of time, if you were holding SoFi for a very long time, um you can see it it traded sideways.

This was a this was a great time, this is a great time to be trading this, but these moves were still pretty big from $5 to $10. That's like double the stock price. Like that is is an extreme move.

Uh you know, N bucks to $32. If we're long, that's fantastic move. The problem is people don't get out of them. they don't sell them when they when the move has been so big.