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Here’s a⁣ summary of the provided text:

SoFi is expanding ⁤its options trading offerings.

* New Level 1 Options: SoFi is rolling out “level 1” ⁤options trading (covered calls and cash-secured puts) for its SoFi ⁤Invest members,⁣ along with existing “level 2″‍ strategies. These are designed for beginners.
* No Fees ‌& Education: ​The new options come with no commissions or contract⁢ fees, and ⁤sofi will provide⁤ educational resources.
* Availability: Users⁤ can ‍apply for approval within the SoFi app,‍ with full availability expected in the coming weeks.
* Competition: SoFi joins competitors like ‌Charles Schwab and Fidelity in ⁣offering level 1 options trading.
* ​ SoFi’s ‌Statement: CEO Anthony Noto‌ stated the expansion aims​ to help‍ members diversify strategies and achieve financial goals responsibly.