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REDDIT

Managing SOFI cash secured puts?

P
Mar 29, 2026 · 18:30

I've been selling CSP on SOFI since last year at a 25 strike price and made some decent premium. Originally, I was fine with potentially being assigned at $25, but now that the news has come out that SOFI has mis-stated their financials I'm really doubtful. It's now dropped to $15 and I'm going to be assigned in a few weeks. What's the best move from here for SOFI? Should I just accept it? The covered calls are just pennies right now. OR should I keep rolling and waiting this out?