Mixed options sentiment in Snap Inc. (SNAP), with shares down 8c near $8.13. Options volume roughly in line with average with 137k contracts traded and calls leading puts for a put/call ratio of 0.19, compared to a typical level near 0.26. Implied volatility (IV30) is higher by 2.9 points near 66.67,and above the 52wk median, suggesting an expected daily move of $0.34. Put-call skew steepened, indicating increased demand for downside protection.
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