I've been watching SOFI for the past few months as it crept higher almost daily. Better opportunities were being presented with ongoing positions in PLTR and RKLB, so I just put SOFI on the back shelf, but this is nuts, as now rumors are floating that SOFI is setting up to be added to the S&P 500 Index. PLTR was added in late September, from which price has doubled in about two months. An entry into SOFI now is being made in expectation of the next double into the 1st Qtr of 2025 with the potential to double again by the end of next year (see RKLB & PLTR charts below for potential analogues). SOFI Target into the low-to-mid $20's by Mar 2025 expiration, then much higher in the year ahead. ----- Why SOFI is a, "backdoor bet," on SpaceX: SpaceX is the top holding (12.7%) of ARK Venture Fund. "How can I invest in the ARK Venture Fund? "All U.S. self-directed investors can download the SoFi app and, with as little as $500, invest in a portfolio of private and public companies through the ARK Venture Fund. SoFi provides members with the ability to invest in a standard brokerage account, or through a Traditional or Roth Individual Retirement Account (IRA)." - emphasis added by...me. Bottom Line: Rumors have SpaceX going public sometime in the next year, some as soon as December. As those rumors heat up, expect this "back door" way of investing in SpaceX, and thus Elon Musk AND Cathie Wood, to get a lot of traction. But SOFI already is running well in advance of all of this publicity. It is a bank and a technology company rolled into one with an array of innovative financial products and well on its way to being another ten-bagger for longer-term buy and holder investors (hint, hint). SpaceX could make SOFI a household name, if not bank and broker. SOFI Mar Calls Mid $20's by Mar expiration values the $20C around $5, a 3X to 5X return. PRO Members: See your email over the weekend of more aggressive option strategy into this pick. RKLB - Update Speaking of SpaceX, we have to once again adjust up our trailing stop price levels for RKLB calls in both services as all calls made new new highs on Friday. Premium Service RKLB Calls PRO Service RKLB Calls RKLB - Weekly Chart PLTR Daily Chart Between providing one of the only vehicles for early investors to get into SpaceX and its potential addition to the S&P 500, SOFI has a lot going for it in terms of market moving news over the next few months. Technically, it is following the path of PLTR and RKLB, which suggests cutting through the $20's and $30's next year like a hot knife through butter. Calls are relatively cheap, but won't stay so for long. Option Performance Tables Premium Service PRO Service
