Entry is Key...Exit is Everything! ^TM

Option Plays for - SNAP

The trades below are for educational purposes only.

They are not recommendations to purchase any particular stock or options contract.

Note: they are suggested entry and exit points! disclaimer

Stock Information

Updated 4/29/18

Company Name: SNAP Inc.

Stock ticker symbol: SNAP

Current Price: $14.23

Change: -0.47 (-3.20%)

Weekly IV: 138.73%

MMM+/- 1.97

52-week high: $23.57

52-week low: $11.28

Stats since last update:

Float: 653.46M

Insiders: 22.50% (UNCH)

Institutions: 32.92% (UNCH)

Short Interest: 122.67M (UNCH)

Earnings: 5/1/18 After

Trade Bias:

Bullish

Trade Types:

Lotto Calls/

Covered Calls

Bull Put Spreads

Naked Puts

FB Compounder Page

FB Trade Commentary

4/29/18 - No moves last week and that speculation play went bust. Hmm, a huge bet that cold have maybe been a covered call, if so, it was a nice payday for that trade. On Friday I see a whole lot more activity but looking like covered calls are in place and if the company surprises, we get a nice pop.

After my last comments, the stock broke through the SGB zone giving us a buy signal and then things quickly revered and now a second SGB is in play. The TTM Squeeze is showing the beginning of "red" dots so a definite move is coming. Call interest is 3:1 over Puts which makes it harder to go up as investors are already in position to take profits on higher moves so I am not anticipating a Moby Dick here but you just don't know until its revealed. It took years for FB to break out over it's IPO price and now look at the stock but I do not think SNAP has the chops to eclipse FB user count and if they can't show solid revenue growth, then big money is not going to buy in for the long term.

What I do know is small stocks can make dramatic percent moves so speculation with wild card strikes 20% OTM is definitely in the range of Lotto Trades opportunities; therefore, I am adding to my $17 call now that I can get them at half off the last fill and I will BUY more time on the Put side at the $11 strike.

===========================================================================================================

4/21/18 - SNAP is about to be "snapped up" as investors jockey for position on this social media stock. Friday there was a HUGE CALL purchase as someone is speculating the stock will breakout above $16.00 a share this coming week. With all the momentum in TWTR and upset in FB, investors are looking for fallout benefactors; and SNAP is definitely a popular choice—it's a cheap stock to take gambles on with OTM options.

This looks like a wild card lotto trade...hmmm...one of my students? They are placing a $306,912 bet which will be interesting to see how it plays out this week; especially since earnings are not until 5/1/18 so it appears someone may know something is going to be announced this week—that is a huge amount of money to just lay on the pass line for a week!

Profits Up!

The donFranko

Disclaimer: No profitability nor performance claims of any kind are being made on this entire website, email distributions or recorded content. All information provided herein is for educational purposes only and should not be construed as investment advice. Site visitors are advised that trading is a high-risk, speculative activity and that generally expected customer results are that all traders will incur trading losses, regardless of the training they may receive and will not become profitable. You accept all liability resulting from your trading decisions; we assume no responsibilities for your trading results. All sales are final for all products and services sold and no refunds are offered. We are not an investment advisory service, nor a registered investment advisor. No individual advice nor trading management services of any kind are provided, therefore no member nor subscriber should assume that their participation in the services provided herein serves, nor is suitable as, a substitute for ongoing individual personalized investment advice from an investment professional chosen by the member/subscriber. Nothing in our website shall be deemed a solicitation or an offer to buy nor sell stocks, currencies, futures, options or any other instrument. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of future results. CFTC RULE 4.41 Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. Site visitors, email subscribers and customers hereby agree to all terms found in our complete disclaimer, terms of use and privacy policy pages. Every visitor to this site, and subscriber (or prospective subscriber or customer) acknowledges and accepts the limitations of the services provided, and agrees, as a condition precedent to his/her/its access to our sites, to release and hold harmless OptionRadio, its officers, directors, owners, employees and agents from any and all liability of any kind (including but not limited to his/her viewing of this sites' content, emails, subscription to services and/or purchase of any trader training product or service herein). Trade with discipline and you will have smarter, winning trades.

Entry is Key...Exit is Everything! TM

Entry is Key...Exit is Everything! ^TM