Bullish option flow detected in Snap Inc. with 25,853 calls trading, 1.9x expected, and implied vol increasing over 2 points to 100.94%. 11/1 weekly 11.5 calls and Nov-24 13 calls are the most active options, with total volume in those strikes near 9,600 contracts. The Put/Call Ratio is 0.14. Earnings are expected on October 29th.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNAP:
- StockTok: Attorneys general in 14 states file enforcement actions against TikTok
- Meta expands generative AI ad creative tools with new video capabilities
- Piper ups Roblox price target after teen survey shows gains
- States sue TikTok alleging that platform exploits and harms young users
- Snap announces launch of Sponsored Snaps, Promoted Places on Snap Map