Moderately bullish activity in Snap Inc. (SNAP) with shares up $0.24 (+2.63%) near $9.57. Options volume running above average at 26k contracts and calls leading puts 2:1. Implied volatility (IV30) is up 8 points to 73 above its median for the past year, suggesting an expected daily price range of $0.44. Put-Call skew is slightly steeper, indicating an icreased focus on downside risk in the near term.