| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Whales with a lot of money to spend have taken a noticeably bullish stance on Snap.
Looking at options history for Snap (NYSE:SNAP) we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 75% of the investors opened trades with bullish expectations and 25% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $205,258 and 5, calls, for a total amount of $137,239.
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $10.0 to $22.0 for Snap during the past quarter.
In today's trading context, the average open interest for options of Snap stands at 2593.38, with a total volume reaching 648.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Snap, situated within the strike price corridor from $10.0 to $22.0, throughout the last 30 days.
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SNAP | PUT | SWEEP | BEARISH | 01/17/25 | $6.55 | $6.5 | $6.55 | $22.00 | $122.4K | 1.3K | 0 |
| SNAP | PUT | SWEEP | BULLISH | 09/20/24 | $2.75 | $2.74 | $2.74 | $18.00 | $43.2K | 451 | 0 |
| SNAP | PUT | SWEEP | BULLISH | 05/16/25 | $0.89 | $0.79 | $0.79 | $10.00 | $39.5K | 1.5K | 0 |
| SNAP | CALL | TRADE | BULLISH | 07/19/24 | $1.7 | $1.69 | $1.7 | $15.00 | $32.3K | 8.0K | 9 |
| SNAP | CALL | SWEEP | BULLISH | 09/20/24 | $1.54 | $1.51 | $1.54 | $18.00 | $27.5K | 1.9K | 9 |
Snap owns one of the most popular social networking apps, Snapchat, claiming more than 400 million daily active users as of the end of 2023. Snap generates nearly all its revenue from advertising. While only about one quarter of users are in North America, the region accounts for about 65% of sales.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Snap with Benzinga Pro for real-time alerts.
Posted In: SNAP
