Bullish option flow detected in Snap (SNAP) Inc. with 23,120 calls trading, 2x expected, and implied vol increasing almost 16 points to 115.31%. 1/24 weekly 12.5 calls and 1/10 weekly 11.5 puts are the most active options, with total volume in those strikes near 17,000 contracts. The Put/Call Ratio is 0.56. Earnings are expected on February 4th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNAP:
- Snap Inc. call volume above normal and directionally bullish
- Snap price target raised to $12 from $9 at Cantor Fitzgerald
- Trump Weekly: Biden blocks U.S. Steel buyout, banks exit climate alliance
- Snap’s new ad formats should be tailwind to ad revenue, says JMP Securities
- Trump Trade: White House considers leaving U.S. Steel deal decision to Trump
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue