Moderately bullish activity in Snap Inc. (SNAP), with shares up 10c, or 1.15%, near $9.22. Options volume more than double the daily average with 82k contracts traded and calls leading puts for a put/call ratio of 0.18, compared to a typical level near 0.53. Implied volatility (IV30) is higher by 2.1 points near 89.47,and above the 52wk median, suggesting an expected daily move of $0.52. Put-call skew steepened, indicating increased demand for downside protection.
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- Moderately bullish activity in Snap Inc. with shares up 1.36%