SoFi: High-volatility stock with high premiums
This is a news story, published by Investor's Business Daily, that relates primarily to SoFi Technologies news.
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Covered Call StrategyInvestor's Business Daily
•Business
Business & Economics
SoFi is a high-volatility stock, which means options premiums are also high. That can be great for covered-call traders

62% Informative
SoFi Technologies (SOFI) stock has become increasingly popular with retail traders and long-term investors alike due to its strong brand, expanding product offerings, and appeal to younger generations.
Covered calls can be an effective strategy for generating income, managing downside risk, and reducing the effective purchase price of a stock.
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