Traders bet Snap could soar 12% after earnings

📆 23/07/2019 18:44:00
📰 CNBC

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Traders bet Snap could soar 12% after earnings $SNAP (via OptionsAction)

in 2019, with Snap up a whopping 162%, Facebook tacking on a 55% gain and Twitter climbing more than 30%.

Snap shares saw four times the amount of calls — trades that bet on the stock going higher — as puts, or more bearish bets, with the options market implying a 14% move for the stock by the end of the week.

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OptionsAction SNAP still around?

OptionsAction you permabull charlatans are an utter disgrace - stop spivving retail investors into stocks on a short term basis - you are a disgrace - the earnings are a lottery and SNAP can easily lose 10% in a day

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