SNAP250417C00011000 Option on Snap Inc

SNAP Stock  USD 10.56  0.30  2.76%   
SNAP250417C00011000 is a PUT option contract on Snap's common stock with a strick price of 11.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 85 days remaining before the expiration. The option is currently trading at a bid price of $1.2, and an ask price of $1.24. The implied volatility as of the 22nd of January is 85.0.
  
When exercised, put options on Snap produce a short position in Snap Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Snap's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Snap Inc will have an average daily up or down price movement of about 0.0422% per day over the life of the option. With Snap trading at USD 10.56, that is roughly USD 0.00446. If you think that the market is fully understating Snap's daily price movement you should consider buying Snap Inc options at that current volatility level of 0.68%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Snap

An 'Out of The Money' option on Snap has a strike price that Snap Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Snap's 'Out of The Money' options include buying the options if you expect a big move in Snap's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract NameSNAP250417C00011000
Expires On2025-04-17
Days Before Expriration85
Delta0.528449
Vega0.020396
Gamma0.114892
Theoretical Value1.24
Open Interest1219
Current Trading Volume232.0
Strike Price11.0
Last Traded At1.24
Current Price Spread1.2 | 1.24
Rule 16 Daily Up or DownUSD 0.00446

Snap short PUT Option Greeks

Snap's Option Greeks for the contract ending on 2025-04-17 at a strike price of 11.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Snap's option greeks, its implied volatility helps estimate the risk of Snap stock implied by the prices of the options on Snap's stock.
Delta0.528449
Gamma0.114892
Theta-0.008541
Vega0.020396
Rho0.010227

Snap long PUT Option Payoff at expiration

Put options written on Snap grant holders of the option the right to sell a specified amount of Snap at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Snap Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Snap is like buying insurance aginst Snap's downside shift.
   Profit   
       Snap Price At Expiration  

Snap short PUT Option Payoff at expiration

By selling Snap's put option, the investors signal their bearish sentiment. A short position in a put option written on Snap will generally make money when the underlying price is above the strike price. Therefore Snap's put payoff at expiration depends on where the Snap Stock price is relative to the put option strike price. The breakeven price of 12.24 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Snap's price. Finally, at the strike price of 11.0, the payoff chart is constant and positive.
   Profit   
       Snap Price At Expiration  
View All Snap Options

Snap Inc Available Call Options

Snap's option chain is a display of a range of information that helps investors for ways to trade options on Snap. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Snap. It also shows strike prices and maturity days for a Snap against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
SNAP250417C00001000101.08.65 - 11.4510.35In
Call
SNAP250417C0000300023.06.55 - 7.658.0In
Call
SNAP250417C00004000504.06.45 - 6.76.71In
Call
SNAP250417C00005000465.05.5 - 5.77.3In
Call
SNAP250417C00006000246.04.65 - 4.755.15In
Call
SNAP250417C00007000267.03.75 - 3.854.08In
Call
SNAP250417C00008000878.02.9 - 2.992.97In
Call
SNAP250417C000090001889.02.09 - 2.412.4In
Call
SNAP250417C0001000065510.01.55 - 1.691.7In
Call
SNAP250417C00011000121911.01.2 - 1.241.24Out
Call
SNAP250417C00012000346212.00.86 - 0.890.87Out
Call
SNAP250417C00013000421013.00.62 - 0.650.63Out
Call
SNAP250417C000140001058314.00.45 - 0.480.48Out
Call
SNAP250417C00015000133215.00.33 - 0.350.35Out
Call
SNAP250417C00016000101416.00.25 - 0.260.26Out
Call
SNAP250417C0001700092517.00.19 - 0.210.26Out
Call
SNAP250417C0001800094818.00.14 - 0.160.16Out
Call
SNAP250417C00019000850819.00.11 - 0.120.13Out
Call
SNAP250417C0002000093320.00.09 - 0.10.09Out
Call
SNAP250417C000210008521.00.07 - 0.090.11Out
Call
SNAP250417C00022000666022.00.05 - 0.080.09Out
Call
SNAP250417C000230009323.00.04 - 0.070.23Out
Call
SNAP250417C0002400024724.00.03 - 0.050.04Out

Snap Corporate Directors

Joanna ColesIndependent DirectorProfile
Robert MurphyCo-Founder, Chief Technology Officer, DirectorProfile
Alan LafleyIndependent DirectorProfile
Elizabeth JenkinsIndependent DirectorProfile

Additional Tools for Snap Stock Analysis

When running Snap's price analysis, check to measure Snap's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Snap is operating at the current time. Most of Snap's value examination focuses on studying past and present price action to predict the probability of Snap's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snap's price. Additionally, you may evaluate how the addition of Snap to your portfolios can decrease your overall portfolio volatility.