SoFi Technologies (SOFI) saw its stock price almost double in 2025, reaching a new high of $32. This strong performance makes the company a potential candidate to surpass $100 per share, following in the footsteps of Robinhood Markets and Shopify. SoFi has expanded its offerings from consumer lending to include banking, investing, and cryptocurrency trading. This shift has led to a 15% rise in subscribers this year. Overall, the subscriber base grew by 35% year over year, with blockchain-based remittances helping to attract more users by enabling quicker and cheaper international transactions. The positive trend in SoFi’s stock is supported by its rise above the 50-day moving average of $28, indicating strong growth since June. Currently, SoFi trades at 77 times its expected earnings, reflecting high growth expectations since its IPO in 2021. In 2025, SoFi reported a net income of $479.1 million and an adjusted earnings per share (EPS) of $0.15, a major turnaround from a net loss of $341.2 million in 2023. This year, sales are projected to grow by almost 37%, with a further 25% increase in FY26 to $4.48 billion, justifying the higher price-to-sales ratio. If SoFi keeps up its growth momentum, it could lead to an even larger stock rally. With the stock reaching a new high of $32, momentum is building rapidly. Following a 100% gain in 2025, traders might explore bullish strategies to take advantage of this trend. Buying call options, particularly for contracts expiring in early 2026, could be an effective way to benefit from further potential gains. Recently, there has been a noticeable increase in bullish sentiment in the options market. Open interest for the January 2026 $35 call options rose over 40% in the past two weeks. This indicates that many investors are betting the stock will continue to rise past the $35 mark before the next earnings report. This increase follows the stock’s clear breakout above its 50-day moving average of $28, which happened just last week. However, the stock’s high valuation at 77 times its expected earnings carries a risk of a sharp drop if negative news surfaces. To mitigate this risk, traders might consider using bull call spreads, which involve buying a call option at a lower strike price while selling one at a higher strike price. This strategy reduces initial costs and limits possible losses, though it also caps potential profits. Another strategy is selling cash-secured puts at strike prices near key support levels, like the recent $28 breakout point. This allows traders to earn premium from the high implied volatility, which government data shows has increased to over 60%. If the stock declines, traders can purchase shares at a better price; if it rises, they keep the premium. Looking forward, the upcoming earnings report in late January 2026 will likely create significant volatility. The stock jumped over 15% after the Q3 earnings beat in October 2025, and options pricing suggests another major move is expected. Traders anticipating a large price change but unsure of the direction might consider straddles to profit from a significant up or down movement. With implied volatility high, selling options may be more beneficial than buying them. For those already holding shares, selling covered calls against their holdings can generate income from the elevated premiums. This strategy offers some protection in case the stock trades sideways or experiences a slight pullback after its rapid rise.

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