Likes SoFi and remains long 100 shares acquired through a short put, and intends to keep selling covered calls against the position to lower the cost basis while holding it.

Did we sell a call in SoFi, you guys? Let me just make sure we sold a call in our position that we have in SoFi. I think we did. I think we sold the 1550, right? Anyone keeping up with that?

Let's see. Let me look. Um, here we go. So, we sold a put to take ownership and no, we didn't sell a call yet. Ah, idiot. I'm sorry. We got to do that some. We got to sell the call on SoFi today.

We could sell calls against our Sovi position that we own.

All right, so we got to do something in our SoFi trade, you guys. Um, we own 100 shares of SoFi, right? We own 100 shares of SoFi.

I thought I I was like positive I said to do this, but I guess I didn't. But I think what we wanted to do was we wanted to go to the November 20th. Um, no, maybe it was the December 18th.

No, I don't remember. Does anyone remember what we did so far? I didn't put it in, so I guess it can't count. So, we're going to go to the November 20th $1,550 for 55 cents. And that's what I'm going to put in.

We're going to sell call SoFi one contract November 20th and we're selling strike is$1,550 and we'll do [snorts] 58 cents.

So what we do now is we we sold the original 1550 put for 32 cents. So now we've collected 90 cents. So our cost basis is 1460. It's trading at 1445. So such a professional trade because we'll continue to lower our cost basis um as we own the stock.

And if it went up to 1550 and we were out of it, well then we would make all the premium we sold, which would be 90 bucks on one contract. So very very um methodical trade, which just makes a lot of sense.

SoFi is up 12 cents.

I like SoFi. Give me a SoFi trade right here.

What's that? Is there news on SoFi?