Snap (SNAP) volatility elevated into less than expected year-over-year growth rate

Snap (NYSE: SNAP) May weekly call option implied volatility is at 224, May is at 123, June is at 71; compared to its 52-week range of 51 to 74 into reported 166M daily users in Q1, up 8M from the previous period and up 44M from a year earlier—its slowest year-over-year growth rate in at least two years.

You May Also Be Interested In

• Roundhill T-Rex 2X Long Dram Daily (RAM) call put ratio 1.8 calls to 1 put on 17K contracts
• Micron Technology (MU) call put ratio 1.2 calls to 1 put with a focus on July 520 and August 540 puts
• Citigroup (C) call put ratio 1 call to 2.1 puts into quarter results