Mixed options sentiment in Snap Inc. (SNAP), with shares down 8c near $5.18. Options volume relatively light with 44k contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.32. Implied volatility (IV30) is higher by 0.5 points near 58.98,and above the 52wk median, suggesting an expected daily move of $0.19. Put-call skew flattened, suggesting a modestly bullish tone.
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