SOFI Options Profit Calculator
Calculate profit, loss, breakeven, and max gain/loss for SoFi Technologies (SOFI) call and put options at expiration.
SoFi options reflect growth-stage fintech risk, with large moves around earnings and membership data.
Over the last three months SOFI has been volatile: 52.4% annualized realized volatility (45–70% band). Long options priced near this volatility need large moves to cover their premium; short-premium structures collect more but face frequent large swings, so defined-risk spreads keep the tail bounded.
Quote refreshes every 6h. Use as context — not a real-time price.
IV typically expands into earnings and crushes on the report. Plan your position size and expiration accordingly.
Select option type and position, enter your trade details, then click Calculate P/L to see potential profit/loss at expiration.
For educational purposes only. Not financial advice. Read full disclaimer
Worked Example: Buying a SOFI $16.00 Call
SOFI last quoted at $15.87 (as of October 2, 2026). Take one near-the-money $16.00 call expiring in 30 days, priced with Black-Scholes using SOFI's own 3-month realized volatility of 52.4% (rates and dividends set to zero): a theoretical premium of $0.89 per share, or $89.00 per contract. Real premiums are priced off implied volatility, which usually runs higher — check your broker's quote.
Cost = max loss
$89.00
Breakeven at expiration
$16.89
+6.4% from today
30-day 1σ move at this volatility
±15.0%
| If SOFI at expiration… | Price | P/L (1 contract) | Return |
|---|---|---|---|
| Falls by the 1σ move | $13.49 | −$89.00 | −100.0% |
| Unchanged | $15.87 | −$89.00 | −100.0% |
| Rises by the 1σ move | $18.25 | +$136.41 | +153.3% |
| Rises by the 2σ move | $20.64 | +$374.82 | +421.1% |
Breakeven = $16.00 strike + $0.89 premium = $16.89
- To break even, SOFI needs +6.4% by expiration — about 0.43× the ±15.0% one-standard-deviation move the same volatility implies. The premium is the price of that move; direction alone doesn't pay.
- This expiration spans SOFI's earnings on October 27, 2026. Real premiums carry an event premium, so this call would likely cost more than $0.89 — pushing breakeven higher.
Options P/L for Similar Tickers
Trading SOFI Options: Strategies & P/L Patterns
SoFi's low share price and very high IV produce inexpensive options in absolute dollars with rich relative premium, which suits traders building larger contract counts. Covered call writers collect generous credit relative to share price. Cash-secured puts at prior support require modest buying power per contract, making the wheel strategy capital-efficient. Defined-risk vertical spreads dominate directional flow because IV decay punishes outright long premium. Short iron condors around earnings benefit from sharp IV crush. Calendar spreads benefit from elevated front-month IV around FOMC dates given the rate-sensitive lending model. Liquidity is good in monthlies and active in weeklies given the retail base. Pair trades against UPST or against KRE express fintech-versus-traditional-banking views with reduced single-name risk.
Recent SOFI Earnings History
Last 4 quarters of EPS estimate vs actual.
| Quarter | Estimate | Actual | Surprise |
|---|---|---|---|
| Q2 2026 | $0.11 | $0.12 | Beat +6.86% |
| Q1 2026 | $0.12 | $0.12 | Miss -1.15% |
| Q4 2025 | $0.12 | $0.13 | Beat +9.70% |
| Q3 2025 | $0.08 | $0.11 | Beat +32.53% |
EPS values from Finnhub. Refreshes daily.
Options P/L Formulas (at expiration)
Long Call: P/L = max(0, SOFI − Strike) − Premium
Long Put: P/L = max(0, Strike − SOFI) − Premium
Short Call/Put: P/L = Premium − Intrinsic Value
How to Use This Calculator for SOFI
- Select call or put — choose based on which SOFI contract you're analyzing.
- Choose buy or sell — buying SOFI options means you pay the premium; selling means you receive it as credit.
- Enter the strike price — pull this from SOFI's option chain on your broker.
- Enter the premium — the per-share cost. Multiply by 100 to get the total dollar cost or credit per contract.
- Enter the number of contracts — each SOFI options contract covers 100 shares.
- Click Calculate — see breakeven, max profit, max loss, and P/L at various SOFI expiration prices.
Frequently Asked Questions
- How do I calculate P/L on a SOFI call option?
- For a long SOFI call, P/L at expiration = max(0, SOFI price − strike) × 100 − total premium paid. Enter the strike, premium, and number of contracts above to compute it. For short calls, P/L = premium received − max(0, SOFI price − strike) × 100.
- What is the breakeven for a SOFI put?
- For a long SOFI put, breakeven = strike price − premium paid. The position becomes profitable when SOFI closes below this level at expiration. For a short put, the same level applies, but you profit when SOFI stays above it.
- What's the maximum loss when buying SOFI options?
- When you buy SOFI calls or puts, the maximum loss is the premium you paid (per contract × 100 shares). This is the most attractive feature of long options — your downside is capped regardless of how far SOFI moves against you.
- Why are SOFI option premiums so different across strikes?
- SOFI's premiums vary with strike based on implied volatility, time to expiration, and how far the strike is from the current price. At-the-money strikes carry the most time value; out-of-the-money strikes are cheaper but have lower probability of finishing in-the-money.
- Does this calculator show P/L before expiration?
- No — this calculator shows P/L at expiration only. Before expiration, SoFi Technologies option prices include time value (extrinsic premium) that depends on remaining DTE, implied volatility, and the Greeks. For pre-expiration analysis, use a Black-Scholes or Options Greeks calculator.