Snap Unusual Options Activity For September 19
Portfolio Pulse from Benzinga Insights
Significant options activity has been observed for Snap (NYSE:SNAP), with a mix of bullish and bearish sentiment among investors. The options activity suggests a potential price range of $7.0 to $12.0 for Snap, with a current trading price of $10.11. The stock is up by 4.5% and may be approaching overbought territory.
September 19, 2024 | 2:31 pm
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Snap has experienced unusual options activity, with a significant number of calls and puts traded. The sentiment is mixed, but the stock price has increased by 4.5% to $10.11, indicating potential bullish momentum. However, the stock may be nearing overbought levels.
The unusual options activity, with a majority of calls, suggests bullish sentiment among investors. The stock's price increase of 4.5% supports this view. However, the mixed sentiment and potential overbought condition introduce some uncertainty.
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