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Investors Increase Downside Protection in Snap (SNAP) Ahead of 1st Earnings Report Tomorrow AMC -Susquehanna
May 9, 2017 2:25 PM EDTSusquehanna options strategist Alison Edwards notes continued downside protection in Snap (NYSE: SNAP) ahead of the company's first earnings report tomorrow after the close, as an investor bought 10,000 May12 21.5 Puts, on the heels of regular May expiry 21.5 Put buyers yesterday.
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