Mixed options sentiment in Snap Inc. (SNAP), with shares down 16c near $4.97. Options volume relatively light with 31k contracts traded and calls leading puts for a put/call ratio of 0.21, compared to a typical level near 0.31. Implied volatility (IV30) dropped 1.43 near 56.69,and below the 52wk median, suggesting an expected daily move of $0.18. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNAP:
- Mixed options sentiment in Snap Inc. with shares down 3.28%
- Mixed options sentiment in Snap Inc. with shares down 1.43%
- Qualcomm, global partners to accelerate deployment of 6G
- Mixed options sentiment in Snap Inc. with shares up 2.47%
- General Atlantic sells stake in ByteDance, value company at $550B, Reuters says