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SNAP Straddle

The Option Straddle, combination of calls and puts at the 23 strike (at-the-money) is trading for $3.20. That prices in a move of 13.9% through this Friday. The VERY early look shows call volumes surpassing puts by 2:1.

By Jon Najarian · May 10, 2017

The Option Straddle, combination of calls and puts at the 23 strike (at-the-money) is trading for $3.20.

That prices in a move of 13.9% through this Friday. The VERY early look shows call volumes surpassing puts by 2:1.