I opened
$SNAP 20240802 13.5 PUT$ ,🚀 Excitement is brewing over Snap as it approaches its earnings release, projecting a promising $0.02 per share profit—marking a significant 200% surge from last year. Revenue forecasts are equally optimistic, with predictions of $1.25 billion, representing a robust 16.94% growth year-over-year. This upbeat financial outlook suggests Snap isn’t just making strides, but potentially bounding ahead. I’m embracing a bullish stance, ready to capitalize on this momentum and ride the wave of Snap’s anticipated strong performance. Let’s see how this plays out! 🐂
Side | Price | Realized P&L |
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Sell Open | 0.50 | -- Closed |
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Comments
It feels like SNAP is no longer the darling of the younger generation.