Pre-earnings options volume in Snap Inc. is 3.0x normal with calls leading puts 5:2. Implied volatility suggests the market is anticipating a move near 17.2%, or $2.24, after results are released. Median move over the past eight quarters is 22.3%.
Don't Miss out on Research Tools:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNAP:
- Options Volatility and Implied Earnings Moves Today, August 01, 2024
- House’s cybersecurity ops to block, remove ByteDance products, Politico reports
- Options Volatility and Implied Earnings Moves This Week, July 29 – August 02, 2024
- Under Armour downgraded, Snap upgraded: Wall Street’s top analyst calls
- Snap upgraded to Equal Weight from Underweight at Morgan Stanley