$SNAP Downtrend Continues - Unusual Bearish Options Activity
Expecting one more leg down in this recent downtrend.
Unusual Bearish Options Activity Today:
30k $21.00 strike (OTM) November 20th puts traded today vs open interest <200 for a total premium outlay of $4.1M
Near term target: $20.00 by mid October
Stop loss: $25.00
Expecting one more leg down in this recent downtrend.
Unusual Bearish Options Activity Today:
30k $21.00 strike (OTM) November 20th puts traded today vs open interest <200 for a total premium outlay of $4.1M
Near term target: $20.00 by mid October
Stop loss: $25.00