Investors Increase Downside Protection in Snap (SNAP) Ahead of 1st Earnings Report Tomorrow AMC -Susquehanna

Susquehanna 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.

You May Also Be Interested In

• Synopsys upgraded at Piper Sandler on Intel foundry momentum, Apple opportunity
• FedEx (FDX) call put ratio 1 call to 1.8 puts into quarter results
• Piper Sandler on Fervo Energy (FRVO): 'Capital Access Supports Potential Upside'