MomentumOptions.com Profit Alert (SNAP) for 11/9/2023

11:40am (EST)

We have a Profit Alert this morning as our SNAP calls are up 200%.

Profit Alert!

Snap (SNAP, $11.45, up $0.22)

SNAP December 11 calls (SNAP231215C00011000, $1.05, up $0.25)

Entry Price: $0.35 (10/31/2023)
Exit Target: $1.05, raise to $1.50
Return: 200%
Stop Target: 65 cents, raise to 75 cents (Stop Limit)

Action: Close HALF of the trade at current levels.

Raise the Exit Target from $1.05 to $1.50 on the other half. Raise the Stop Limit at 65 cents to 75 cents.

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