Unusual Options Activity Spikes for Tempus AI and SoFi Technologies

Market data reveals a surge in options activity for Tempus AI Inc. (TEM) and SoFi Technologies Inc. (SOFI), signaling increased speculative interest or hedging activity. The volume of contracts traded for both companies has surpassed their typical daily trading averages, suggesting a shift in trader sentiment or anticipation of near-term price movements. Tempus AI saw 51,647 contracts traded, representing approximately 5.2 million underlying shares. This volume is 110.7% of the stock's monthly average daily volume of 4.7 million shares. Traders showed particular interest in the $70 strike call options expiring May 15, 2026, with 3,092 contracts changing hands, representing roughly 309,200 underlying shares. SoFi Technologies experienced even larger volume, with 619,294 contracts traded, equivalent to 61.9 million shares. This represents 100.4% of its average daily volume of 61.7 million shares. A notable concentration of activity occurred at the $19 strike call expiring April 17, 2026, where 96,732 contracts were traded, representing approximately 9.7 million underlying shares. While high options volume can precede volatility, these movements are currently speculative. The heavy concentration in call options suggests a bullish lean among some market participants for these specific strike prices and expiration dates.