10:50am (EST)

We have another new trade we want to get into so let’s go check the tape.

New Trade!

Snap (SNAP, $10.19, up $0.52)

Buy to Open SNAP October 11 calls (SNAP241018C00011000, $0.30, up $0.06)

Buy to Open SNAP January 13 calls (SNAP250117C00013000, $0.60, up $0.05)

Action: We like these call options at current levels and you can use a Limit Order up to 50 cents and 75 cents to get the best fills. These are the SNAP October 11 calls that expire on October 18th, 2024 and the SNAP January 13 calls that expire on January 17th, 2025.