Momentum Trades

MomentumOptions.com Profit Alerts (SNAP) for 12/5/2024

1:55pm (EST)

We have Profit Alerts on Snap (SNAP) as shares are down 4% today. We could have additional updates today so stay locked-and-loaded.

Profit Alerts!

Snap (SNAP, $12.09, down $0.53)

SNAP January 13 calls (SNAP250117C00013000, $0.60, down $0.25)

Entry Price: $0.40 (11/25/2024)
Exit Target: $0.80
Return: 50%
Stop Target: 60 cents (Stop Limit)

SNAP March 15 calls (SNAP250321C00015000, $0.90, down $0.30)

Entry Price: $0.65 (11/25/2024)
Exit Target: $1.30
Return: 23%
Stop Target: 80 cents (Stop Limit)

Action: Both Stop Limits have tripped today with shares testing an intraday low of $11.72. We will keep SNAP on our Watch List, but for now, we are back on the sidelines.

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