Snap (NYSE: SNAP) May weekly call option implied volatility is at 186, May is at 113, June is at 69; compared to its 52-week range of 51 to 74 into the expected release of Q1 results today.

Options Trader Talk

Options Activity in Snap (SNAP) Targets $18 as Potential Near-Term Floor -SusquehannaMay 12, 2017 2:19 PM Drexel Hamilton Reiterates Buy Rating and $30 PT on Snap (SNAP) Following 1Q Report; 'Excellent Buying Opportunity' May 12, 2017 8:06 AM Snap Inc (SNAP) PT Lowered to $23 at Deutsche Bank on 1Q Report; 'DAU Upside Ghosted... Results Fail to Inspire'May 11, 2017 10:22 AM Snap (SNAP): Investor Expectations Edge Higher into Earnings, as Traders Look to Fade Any Move Higher Ahead of July 29th Lockup -Odeon May 10, 2017 2:56 PM Put Buying Continues in Snap (SNAP) Ahead of Today's Earnings Announcement -SusquehannaMay 10, 2017 2:07 PM