Snap (SNAP) August volatility increases as shares trend lower

Snap (NYSE: SNAP) June weekly call option implied volatility is at 53, July is at 50; August is at 71; compared to its 18-week range of 46 to 80 into first lockup expiration on the shares -- July 30, when – certain stakeholders and executives will be free to sell their position for the first time since the March 1 IPO.

You May Also Be Interested In

• Micron Technology (MU) call put ratio 1.2 calls to 1 put into quarter results
• Pelican Way Research shorts Hyliion Holdings (HYLN) on VFG deal concerns
• Varonis Systems (VRNS) call put ratio 5.1 calls to 1 put with a focus on July 35, 40 and 45 calls as share price up 9%