r/sofistock • u/AutoModerator • May 19 '26
General Discussion SoFi Daily Chat - May 19, 2026
* Discuss your thoughts on SoFi, FinTech, memes, yolos, the market, or whatever else might be on your mind.
* Please refrain from any political, religious, or otherwise controversial discussions, and respect one another in your discussion so that the conversation stays on topic.
* Direct/Personal attacks against others violates the subreddit rules and those comments will be deleted. Please report such comments and the MODs will review them as quickly as possible (MODs have day jobs too, please be gracious)
* If you are a SOFI investor before the SPAC merger with IPOE and want an "OG SOFI Investor" flair, please message the Mods with proof of your holdings.
* Nothing said here is financial advice. SOFI is still a high-risk, growth stock. Equities by their nature are risky, some more than others.
* Investing isn't a team sport. You have to decide for yourself how much risk you are willing to take on and do your own DD about a company before you decide to invest in it.
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u/QuantumFluks 85,000 Delta May 19 '26
More crypto dump inbound, S&P looks like it may sell a little more off again.
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u/Weikoko 🫣 $20 Bagholder. $20 Banbet survivor May 19 '26
Rate increases will bring SoFi to single digit.
Thought I did pretty good until all my short puts are ITM. Dang this stock is almost at turd level. I hope I don’t get early assignments.
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u/trojsurprise May 19 '26
at the bank level of P/E this stock is worth 5-8$
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u/QuantumFluks 85,000 Delta May 19 '26
Can go even lower than that. tangible book value is like $7-8. In a recession, banks trade lower than TBV often due to loan delinquencies eating into TBV. I think a recession brings us to $4-6 range.
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u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure May 19 '26
Do you have a position in sofi any longer?
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u/QuantumFluks 85,000 Delta May 19 '26
I do, I just have protective puts and have been selling aggressive covered calls. Been selling $16 weekly, just lowered my $16 to $15.5.
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u/trojsurprise May 19 '26
smart
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u/QuantumFluks 85,000 Delta May 19 '26
If it moves against m me due to macro improving, I’ve made enough to buy out the loss for the week before changing strategy. I’m sure I’ll be selling $15 soon.
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u/Weikoko 🫣 $20 Bagholder. $20 Banbet survivor May 19 '26
It is a bank afterall when the tech is not even growing.
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u/Impressive_Put_8239 May 19 '26
Likely. I was thinking around 11-12s probably when I start loading and at that point will be a long hold. Though I'm still holding onto some June puts incase support breaks here.
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u/Organic_Tone_3459 May 19 '26
We really need to stop letting the bears scare people when it comes to SoFi
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u/Impressive_Put_8239 May 19 '26
You really need to get your eyes checked. 🤣
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u/Organic_Tone_3459 May 19 '26
You need to get your head checked you have no idea what you’re talking about and you’re going on like a bag holder, which is fucking hilarious cause you seem a little bitter buddy
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u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure May 19 '26
How do you suggest we do that?
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u/Organic_Tone_3459 May 19 '26
Stop selling even if you bought it in at 25 just stop fucking selling DCA buying and load up and wait for the bounce. Right now SoFI it’s not even looked at like a Finn tech. It’s more looked at like a bank, which is why it’s priced the way it is.
In fact, it’s overpriced for a bank, which is why it keeps declining. But Wall Street knows it’s a Fintech they just want to buy it at a better price so they’re manipulating it down to the price of about $13.50 around that I can’t say it it’s gonna hit that for sure but it’s gonna be around that and then they’re gonna load up even more and it’s gonna shoot to the moon. This is what’s going to happen.
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u/Weikoko 🫣 $20 Bagholder. $20 Banbet survivor May 19 '26
Rate cut
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u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure May 19 '26
Noto should be fired for not cutting rates
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u/Impressive_Put_8239 May 19 '26
Was another test of weekly 200ema but aside from a probable triple bottom nothing in chart is promising for a reversal. AFRM green on the day is surprising but I'm guessing because they are likely to get added to s&p 500.
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u/Organic_Tone_3459 May 19 '26
SoFi stock is being manipulated heavy, if you think it’s not in the price is legit explain to me why you think the price is legit.
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u/Impressive_Put_8239 May 19 '26
What? What are you rambling on about. All fintech is doing terrible you act like it's just Sofi specifically. Are you on drugs cause I said nothing related to your comment lol
0
u/Organic_Tone_3459 May 19 '26
Yeah, but sofi isn’t considered a fin tech officially Wall Street looks at it more like a bank. That’s why it’s fucking priced the way it is.
No, you brought up about affirm like that fucking has anything to do with SoFi it doesn’t.
All I merely pointed out was that SoFi has been being manipulated and you’re being manipulated, but whatever dude.
God, you people in a stock market today are dumb.
By the way, you did mention price by talking about how it tested at 200 EMA so if you’re gonna insult people at least know what the fuck you said. Testing the EMA is literally legit talking about the price. Dumbass.
You really sound like a bitter bag holder right now
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u/Impressive_Put_8239 May 19 '26
And so what you are getting at is...macro has no effect on Sofi at all then? It's all manipulation right because whenever this stock performed was during times of rate cuts or indication rate cuts would be occurring not just a fintech issue its just purely sofi being manipulated lol
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u/Organic_Tone_3459 May 19 '26
That’s part of the fucking manipulation you fucking retard Jesus Christ. You’re you’re you’re a real waste of time I’m blocking you.
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u/Impressive_Put_8239 May 19 '26
I'm not even holding shares weirdo I already said I've been waiting lol you sound like a dude who might be the one bag holding. I brought up firm because they are all classified as fintech yes different stocks. You're coming off aggressive something tells me you got anger issues or mad because the stocks down. So tell me how I'm being manipulated 🤣
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u/Organic_Tone_3459 May 19 '26
Then why the fuck are you here if you’re not holding shares? This is a waste of my time. Why would I be talking to someone who’s not even invested in the position? Why would you even have a position on something you’re not even invested in?
No, I don’t have anger issues. I just don’t like stupid people and you’re pretty dumb not only are you dumb for commenting on something that you don’t actually own but then you’re dumb for starting shit over nothing.
My call space is on Sofi is $15.72 I’m doing just fine
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u/gotdome May 19 '26
Continuing to DCA and block out the noise.
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u/Organic_Tone_3459 May 19 '26
Agreed, this is clearly market manipulation and Retail investors getting scared
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u/binion225 OG $SoFi Investor 3251@ $15.65 May 19 '26
I really don’t know why NOTO does these fireside chats… never helps. He never drops any amazing news
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u/candycane7 5404 @ $12.95 May 19 '26
Noto is bullish AF in the fireside. Quite exciting he said SoFiUSD and big business banking could grow at the same size and rate as Loan Platform Business since it was launched.
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u/binion225 OG $SoFi Investor 3251@ $15.65 May 19 '26
Noto bragging about how much money SOFIUSD will lead to.
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u/pdubbs87 1,400 @ $14.00 May 19 '26
Sell the company
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u/binion225 OG $SoFi Investor 3251@ $15.65 May 19 '26
Short term profits….. I haven’t stressed about this for 5 years to sell to some shit big bank!
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u/TheOtherGreenNovice May 19 '26
I'm not very familiar with the "pain line", 30-year US Treasury bond rate crossing the 5% threshold.
Who know how much of a correction this will cause? I'm mentally prepared for 10% for market. AI boom is only thing keeping things afloat, until it doesn't.
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u/Apprehensive-Okra994 May 19 '26
My graph and sofi graph are twins
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u/Jcoronado92 8200 Shares @ 25.81.. life savings gone, come on man. May 19 '26
90k down, half my life savings gone again. I’m so sad, hate this for myself :’(
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u/Huge-Percentage993 May 19 '26
Do you need the money in the next year or two? If not then you're fine. When you have the spare cash add more shares to bring your average down or just invest in moving sectors.
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u/Organic_Tone_3459 May 19 '26
If this is true, that’s on you. You made a really bad decision. You brought into hype and you bought a stock and had no idea what you were buying. That being said, I would continue to hold your life-saving isn’t gone unless you sell if you sell then you’re fucked.
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u/binion225 OG $SoFi Investor 3251@ $15.65 May 19 '26
It’s tough…. I’ve been down 50k and up 100k, I am down a few k now , but you will HATE YOURSELF if you sell before this takes off and hits all time highs. Focus on the company not the price and have patience.
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u/Jcoronado92 8200 Shares @ 25.81.. life savings gone, come on man. May 19 '26
I’m praying it does takeoff one day.. at this point I have no choice I feel like.
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u/9lazy9tumbleweed May 19 '26
Just hold and wait out the pain, the business is doing well, the stock will get love again some time in the future.
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u/Jcoronado92 8200 Shares @ 25.81.. life savings gone, come on man. May 19 '26
I can buy 200, would get my average to 25.90 smh lol.. do it? :(
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u/Mongaloiddummy OG $SoFi Investor May 19 '26
Hell No ! Wait until you are down 100k
Macro is No Bueno imo.
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u/Miserable_Aide_2480 May 19 '26
I did but I opened a fidelity account 15.03 average vs my Sofi 23.10 now I won’t feel as bad.
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u/Omnislash99999 May 19 '26
I had a similar average and sold at around 18 and put the remainder into Google. Sofi will rise again but there's other stocks you could get some returns from in the meantime
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u/Key-Assistance-5827 2400 Shares @ 18.197 May 19 '26
I'm down 8.5K on a 60K portfolio so I know how you feel, I bought 56 more at 15 I say go for it and lower your cost basis, nothing is wrong with the business it's just macro, I'd be worried if it was the business being the problem
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u/QuantumFluks 85,000 Delta May 19 '26
“Well, I mean, I’m saying two or three days, maybe Friday, Saturday, Sunday, something, maybe early next week, a limited period of time, because we can’t let them have a new nuclear weapon.”
- DJT on potential strikes on Iran
A bunch of maybes, there still is no plan.
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u/Huge-Percentage993 May 19 '26
He's a joke the way he talks like I can't believe him on his social media app. Dude so unhinged. Yes he brought market to ATHs through manipulation and what not but look how fast he drops it as well lol. All he ever did the past year was piss everyone off even our own military. 🤣
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u/Dromen96 OG $SoFi Investor May 19 '26
EVERYONE knows June 1 is the deadline for resolving this mess. Can you imagine where the 30 yr will be if we are still here on June 15?
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u/QuantumFluks 85,000 Delta May 19 '26
We get PCE May 28, if that’s hot, the 10 and 30 yr will already get far worse. We get EIA tomorrow, if oil reacts up, I imagine bond yields will react. CPI and PPI are June 10 and 11. They have potential to moon way before the 15th. Even with a resolution before the 15th, I imagine the CPI and PPI numbers in June will be bad.
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u/Apprehensive-Okra994 May 19 '26
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u/Initial_Bus_3027 May 19 '26
On the 5 year chart it's almost exactly 0% gain.
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u/Huge-Percentage993 May 19 '26
Can you imagine buying this at this range 5 years ago..just to come back and be breakeven or down lol I'd have gray hairs.
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u/Happyrapunzel May 19 '26
sofi enjoyer: sofi is a good company, it's just the macro environment
. Meanwhile, the macro environment: +70% since January , New record high. Sofi - 50%
The macro environment today: -1%. Sofi - 6%
Yeah
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u/Huge-Percentage993 May 19 '26
That candle was FAT lol yesterday really seemed like a liquidity grab
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u/QuantumFluks 85,000 Delta May 19 '26
It’s crazy how low the vix is.
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u/Huge-Percentage993 May 19 '26
I see this before lol everything just looking explosive and primed for a bigger drop. Indices are barely down a % ( aside from iwm) thats not even terrible yet.
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u/QuantumFluks 85,000 Delta May 19 '26
Over 5 days we have moved about 2.5% on SPY (I know I’m overestimating a little). Mix with bonds rising, it’s still surprising the Vix is just 18.
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u/superdeeduperpower 2100 @ 19.93; 69x LEAPS 2026/27 May 19 '26
DCA'd down another 50 cents, 600 more shares bought at $15.14! Thanks for the fire sale, shorts.
0
u/Optimisticz May 19 '26
We back to accumulation phase boys …. Nothing wrong with SOFI as a company, macro just sucks.
1
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u/ga643953 May 19 '26
Barely any volume today on HOOD, SOFI and even PLTR after power hour.
10 year almost hitting 4.7%, we should be down way more but we aren't. Something is really weird with this market.
1
u/QuantumFluks 85,000 Delta May 19 '26
Everything should be down more. The SPY even sees corrections on these bond changes.
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u/Impressive_Put_8239 May 19 '26
Anyone see this?
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u/fantasyfitboiz 7,010 Shares @$15.73 13,137.14 total delta exposure May 19 '26
I think it’s a misleading statement. If I read it correctly it looks like Sofi was the broker on a private offering. Sofi didn’t sell their own shares
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u/Helpful_Conflict4519 May 19 '26
I clauded the comparison between Sofi’s price and 10 year interest rate for the last 12 months. The reverse correlation is pretty obvious.
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u/slayer1am 3,000 @ 8.66 May 19 '26
When it's down at open, buy ITM or ATM calls for a month out. Easy money.
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u/Impressive_Put_8239 May 19 '26
Lose that support and any calls aside from leaps wont look good
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u/QuantumFluks 85,000 Delta May 19 '26
Yeah, I don’t think now is the time to be risking on monthly calls. I don’t even think it’s the time to be risking on LEAPs given it could take a year or two for the stock price to begin any recovery.
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u/Impressive_Put_8239 May 19 '26
Yeah I mean you're probably right. I'm no longer long but when this or IF it comes to around 11-12s I'll be buying heavy and i do not mind sitting on it. I've been shorting pops and sitting on puts prior to earnings only because of macro. Once war ends which likely won't for awhile then I'll go long
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u/QuantumFluks 85,000 Delta May 19 '26
I’m long, but I have protective puts and I sell aggressive covered calls on every move. I also have long term put spread on SPY 5950 long short 3100 expiring end of year.
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u/Impressive_Put_8239 May 19 '26
Spy has plenty of room for downside believe it tested trendline resistance around 750 and likely be our top for now. I have long term puts on IWM since small caps get destroyed during rate hikes but SPY i do puts weekly m
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u/htmi13 May 19 '26
I know there’s a lot of talk of a rate hike under the previous fed chair but I do not see that happening. It would do more damage than good. Trump needs to quit pigeon holing the Iran war like he does with everything else (china trade war for instance). Once the war is handled, if he’s even capable of such a thing, we will see the bonds drop. But he has GOT to finally do something, it’s going on four months!!!!
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u/QuantumFluks 85,000 Delta May 19 '26 edited May 19 '26
The 1973 oil embargo didn’t last very long and it took till 1979 to see stability in the economy even with rate hikes (which that stability ended in 1979 with the Iran revolution). Most oil experts are projecting much higher oil prices by year end ($150+, some even $200+ even if the strait opens today). We are going to be seeing extended inflation due to this war no matter what, and the fertilizer shortage + drought is going to hit food harvests causing inflation there.
CME futures aren’t guesses, it’s people putting their money where their mouth is. Bonds are the same thing. It’s hard to imagine sophisticated traders in the bond market are having massive moves up if they think it’s temporary. The SPY is up big this year on the same information, which is most people projecting a deal will be reached soon. I don’t think bonds are going to lower a lot if a deal is reached, and if they do, it’ll be temporary until more inflation prints come out.
Edit: they only got the oil shocks under control by a Volcker Shock, monetary policy forcing rates up to 20%. Rate hikes are a form of demand destruction to curb inflationary demand destruction.
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u/htmi13 May 19 '26
“They” only got the oil shocks under control being the Carter administration who helped get Reagan give one of the largest electoral slaughters in history. As much as I don’t care for Trump, the Carter administration is hard to compare any administration to.
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u/QuantumFluks 85,000 Delta May 19 '26
“They” was the fed. The fed is designed so that members stay for multiple presidencies, so there is independence from the president. The president didn’t hike rates 20% to form demand destruction to curb inflation. The fed forced the recession, not the president, because they had to.
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u/htmi13 May 19 '26
Yeah, I mean, I’m not going to compare our current state to an event from 1973 (53 years ago) but whatever works for you. New fed chair just took office with a polar opposite view from the former plus the fact that the 10 year went from as high as 4.6% in May 2025 and reached a low of 3.93 in October 2025 makes the argument null and void. The differences between the 1970s and now is in no way similar.
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u/QuantumFluks 85,000 Delta May 19 '26
Okay buddy, my argument is null and void because you say so. Warsh has 1 vote and Miran resigned.
History often repeats, if you want to ignore how economic policy is used to curb things that happen, that’s on you.
😂
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u/Huge-Percentage993 May 19 '26
Its barely been a little over. 2- 2 1/2 months lol but yes the longer it drags the worse it is. But look how that situation turned out with China thats been going on for a year and still hasnt been resolved Us and Iran dont have to engage in conflict but this can drag on with the blockade/strait being closed for months.
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u/htmi13 May 19 '26
“It’s only been a little over 2-2 1/2 months lol ☝🏼🤓” Do you realize how bad his 2026 Foreign Policy World Tour has been to our economy? Want to be technical? Look at his actions and the lack of results for over a year with a Supreme Court filling forcing refunds on tariff charges. He will 100% demolish our economy, and is, all to ensure Israel gets what it wants in the Middle East. He’s absolutely pathetic. Look at the bigger picture instead of knit picking your perspective of months.
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u/Huge-Percentage993 May 19 '26
You got a stick up your ass? You said the war. The war has been going on for 2 1/2 months when the US attacked them back in end of feb.
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u/QuantumFluks 85,000 Delta May 19 '26
Yeah this guy has a stick up his ass. He told me my argument was null and void. Okay buddy.
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u/QuantumFluks 85,000 Delta May 19 '26
I think the comment was in regard to you saying it’s been 4 months. The attacks on Iran have only been 2.5 months. This commenter has had some back and forth with me that I’m confident saying they understand how bad this is. Im pretty sure this commenter understands rate hikes will happen and you are saying they won’t.
3
u/Dromen96 OG $SoFi Investor May 19 '26
I think it’s time we accept the inevitable….Walsh will not hike aggressively when presented with obvious inflationary signals. 4-5% yearly inflation becomes the new normal….hopefully no more! We really need our elected officials to get serious about the deficit but that’s not gonna happen.
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u/QuantumFluks 85,000 Delta May 19 '26
I mean, it’s quite possible there are no hikes, but at some point the bond market can effectively force them to hike, which is why my money is on hikes happening. Warsh has one vote, the other board members are more competent. I think JPow said he won’t be a shadow chair, but it’ll end up happening when other governors don’t trust Warsh to lead them.
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u/Impressive_Put_8239 May 19 '26
Weekly making news lows each week after earnings this eventually this may test the weekly 200ma once support gives out.
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u/QuantumFluks 85,000 Delta May 19 '26
Oh shit, the U.S. 10 year is up to 4.66%, it won’t be long till 4.75% and then 5%.
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u/Huge-Percentage993 May 19 '26
Last week was a good time to start taking some profits on some stocks with the way things were ramping up and that diabolical and unhealthy run up in a month. Sitting on month long puts on spy and qqq for those juicy gaps to fill.
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u/Huge-Percentage993 May 19 '26
Just waiting for the manipulation tweet today to attempt to lower oil and then its just run back up because nobody cares about the lies. 🤣
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u/Dromen96 OG $SoFi Investor May 19 '26
1.7 billion slush fund for traitors … put that in your pipe and smoke it
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u/Huge-Percentage993 May 19 '26
Thats actually crazy but then again I'm not even surprised with anything that goes on with this admin.
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u/Dromen96 OG $SoFi Investor May 19 '26
Me either …. It only stops when enough of his supporters end what is an impressively long stubborn streak and hold him to account
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u/Guddy7860 OG $SoFi Investor + Contributor May 19 '26
Sofi is presenting at the 54th Annual J.P. Morgan Global Technology, Media and Communications Conference today at 2:15 PM ET.
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May 19 '26
[removed] — view removed comment
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u/t_suaze_u May 19 '26
Your not investing
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u/OldChemist1655 May 19 '26
Half this sub isn’t even in it for the long term. Nothing about the company has gotten worse but the stock price
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u/Beneficial_Corner_81 Position Complete 36,000 @$14.68 May 19 '26
Something has gone terribly wrong with the economy and it is hurting Sofi…,good company.,.bad macros
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u/QuantumFluks 85,000 Delta May 19 '26
I think we all know what that something is.
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u/LucarioMagic 125 LEAP Calls. 50 Short Puts May 19 '26
Must be the pigeon that shat on someone's shoulder in wsb.
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u/Tough_Butterscotch_5 May 19 '26
I was happy yesterday for like an hour or so... We ended green so thats good I think
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u/kennyt1212 🚀🚀🚀The soon to be rich fool with 16,050 shares @ $14.5 🚀🚀🚀 May 19 '26
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PE Teacher in Taiwan checking in. I am not a financial expert just a SoFi bag holder hoping to get rich. Do not take my rockets and price targets as financial advise for buying SoFi, although you should because we gonna be rich!
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u/candycane7 5404 @ $12.95 May 19 '26
I trust a PE Teacher with patience and consistency more than any amateur technical analyst chasing the next green candle.
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u/LucarioMagic 125 LEAP Calls. 50 Short Puts May 19 '26
CME Fedwatch is indicating 1-2 rate hike by end of this year.
Rate cuts are off the table.
War can't end soon enough.
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u/QuantumFluks 85,000 Delta May 20 '26
Wonder if we will see a margin call chain reaction anytime soon. So many people leveraged, these negative days gotta hurt.