Pre-earnings options volume in Snap (SNAP) Inc. is 3.2x normal with calls leading puts 5:3. Implied volatility suggests the market is anticipating a move near 18.9%, or $2.04, after results are released. Median move over the past eight quarters is 22.0%.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNAP:
- Here’s what Wall St. experts are saying about Snap ahead of earnings
- What Wall Street experts are saying about Reddit ahead of earnings
- Snap partners with Zefr
- Options Volatility and Implied Earnings Moves Today, October 29, 2024
- Options Volatility and Implied Earnings Moves This Week, October 28 – November 01, 2024