Pre-earnings options volume in Snap (SNAP) Inc. is 3.2x normal with calls leading puts 5:3. Implied volatility suggests the market is anticipating a move near 18.9%, or $2.04, after results are released. Median move over the past eight quarters is 22.0%.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- 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:
- Here’s what Wall St. experts are saying about Snap ahead of earnings
- What Wall Street experts are saying about Reddit ahead of earnings
- Snap partners with Zefr
- Options Volatility and Implied Earnings Moves Today, October 29, 2024
- Options Volatility and Implied Earnings Moves This Week, October 28 – November 01, 2024