SNAP Options Ahead of Earnings

2024年4月24日

If you haven`t bought the dip on SNAP:

nor sold SNAP before the previous earnings:

Taking into account SNAP's post-market decline following META's selloff and examining both the options chain and SNAP's chart patterns before this week's earnings report, I'd contemplate acquiring the $10 strike price calls expiring on April 26, 2024.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

2024年4月27日

交易结束：到达目标

SNAP spiked 27.63% after earnings!
Congrats to all who bought the dip!