Pre-earnings options volume in Snap Inc. is 2.4x normal with calls leading puts 4:3. Implied volatility suggests the market is anticipating a move near 18.8%, or $2.15, after results are released. Median move over the past eight quarters is 25.2%.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on SNAP:
- Snap: The Factors Behind Another Dismal Report
- SNAP Plunges after Earnings Report, Absent Guidance
- Snap (NYSE:SNAP) Q4 Earnings Preview: Here’s What to Expect
- Feds to question Snapchat’s role in fentanyl-laced pills sales, Bloomberg says
- MKM Partners cuts Pinterest to Neutral, sees balanced risk-reward
