Bullish option flow detected in Snap (SNAP) Inc. with 49,239 calls trading, 1.7x expected, and implied vol increasing almost 4 points to 91.28%. May-25 12 calls and 4/4 weekly 9 calls are the most active options, with total volume in those strikes near 30,500 contracts. The Put/Call Ratio is 0.20. Earnings are expected on April 24th.
Claim 30% 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:
- META, PINS, or SNAP: Which Social Media Stock Can Withstand a Market Correction?
- Snap price target lowered to $9 from $11 at Wells Fargo
- Trump Confirms TikTok Sale Deal Is on Track to Close Before April 5 Deadline
- Snap Inc. call volume above normal and directionally bullish
- Snap price target lowered to $14 from $16 at Citizens JMP
