SNAP Volatility Has Come WAY Down

Volatility is right where we thought it would be, around 60%. That implies a move of nearly 3.8% per day.

Through the first full week of listing SNAP volatility by day:
On IPO day its volatility was 160%
Friday it was 181%
Monday 250%
Tuesday 128%
Wednesday 139%
Thursday 80%
However, the close-to-close volatility was MUCH lower.
IPO day was a mere 32%
Friday was 160%
Monday 195%
Tuesday 155%
Wednesday 104%
Thursday close to close vol crashed to 5%