Bullish option flow detected in Snap (SNAP) Inc. with 168,579 calls trading, 1.5x expected, and implied vol increasing almost 5 points to 48.97%. 9/12 weekly 7.5 calls and 9/5 weekly 7.5 calls are the most active options, with total volume in those strikes near 59,400 contracts. The Put/Call Ratio is 0.15. Earnings are expected on October 28th.
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:
- TikTok summoned by Malaysia over delays in tackling fake news, Reuters reports
- Moderately bullish activity in Snap Inc. with shares up 0.77%
- Moderately bullish activity in Snap Inc. with shares up 1.65%
- Moderately bullish activity in Snap Inc. with shares down 1.04%
- Snap Considers Spinning Off Its AR Glasses into Separate Entity