11:25am (EST)

We have an update on Snap (SNAP) with shares down 4% and the current puts we profiled doubling.

Alert Update!

Snap (SNAP, $9.40, down $0.37)

SNAP April 9 puts (SNAP250417P00009000, $0.55, up $0.15)

Entry Price: $0.25 (2/26/2025)
Exit Target: $0.50, raise to $1 on other half
Return: 120%
Stop Target: 35 cents (Stop Limit)

Action: Close half the Alert at current levels. Set a Limit Order to close the other half at $1. Set a Stop Limit at 35 cents on the other half.