Market Context 
SNAP
Current Price: $9.165
1-Month Move: +5.6% (from $8.68)
1-Year Move: -39.1% (from $15.05)
Year High/Low: $9.96/$7.16
Technicals:
RSI ~69.8 (near overbought)
Above 20-day MA, below 50/200-day MAs (short-term pop in a longer downtrend)
Options Data:
IV Rank: 75th percentile (high premiums)
Put/Call Ratio: 1.25 (bearish skew)
Max Pain: $8.00
High OI: $9.00 puts, $10.00 calls
Historical & Model Insights
Historical Move: SNAP averages 13.5% post-earnings, with a slight bearish bias (6/12 quarters down).
IV Crush: Expect 30–40% IV drop post-print, so time your exit carefully.
Model Consensus (Grok, Claude, Gemini, DeepSeek): Moderately Bearish
Why? Overextended rally, high IV, Max Pain at $8.00, and “sell the news” risk.
Outlier: One model (Llama/Meta) sees bullish momentum from call activity, but it’s drowned out by bearish signals.
Trade Setup
Strategy: Single-leg, naked put (bearish, defined risk)
Instrument: SNAP
Direction: Put
Strike: $8.50 (premium $0.52, fits $0.30–$0.60 target band)
Expiry: 2025-05-02 (first weekly post-earnings)
Entry Price: $0.52
Entry Timing: Pre-earnings close (2025-04-29)
Profit Target: $0.78 (~50% gain)
Stop Loss: $0.26 (50% loss)
Confidence: 65%
Expected Move: ±$1.24 (~13.5%)
Key Risks:
Positive earnings surprise (strong ad revenue or user growth).
Severe IV crush killing put value.
Broad market/tech rally lifting SNAP.
Upbeat guidance sparking a squeeze.
SNAP Current Price: $9.165
1-Month Move: +5.6% (from $8.68)
1-Year Move: -39.1% (from $15.05)
Year High/Low: $9.96/$7.16
Technicals:
RSI ~69.8 (near overbought)
Above 20-day MA, below 50/200-day MAs (short-term pop in a longer downtrend)
Options Data:
IV Rank: 75th percentile (high premiums)
Put/Call Ratio: 1.25 (bearish skew)
Max Pain: $8.00
High OI: $9.00 puts, $10.00 calls
Historical & Model Insights
Historical Move: SNAP averages 13.5% post-earnings, with a slight bearish bias (6/12 quarters down).
IV Crush: Expect 30–40% IV drop post-print, so time your exit carefully.
Model Consensus (Grok, Claude, Gemini, DeepSeek): Moderately Bearish
Why? Overextended rally, high IV, Max Pain at $8.00, and “sell the news” risk.
Outlier: One model (Llama/Meta) sees bullish momentum from call activity, but it’s drowned out by bearish signals.
Trade Setup
Strategy: Single-leg, naked put (bearish, defined risk)
Instrument: SNAP
Direction: Put
Strike: $8.50 (premium $0.52, fits $0.30–$0.60 target band)
Expiry: 2025-05-02 (first weekly post-earnings)
Entry Price: $0.52
Entry Timing: Pre-earnings close (2025-04-29)
Profit Target: $0.78 (~50% gain)
Stop Loss: $0.26 (50% loss)
Confidence: 65%
Expected Move: ±$1.24 (~13.5%)
Key Risks:
Positive earnings surprise (strong ad revenue or user growth).
Severe IV crush killing put value.
Broad market/tech rally lifting SNAP.
Upbeat guidance sparking a squeeze.
Trade closed: target reached
Target reached 
Free Signals Based on Latest AI models💰: QuantSignals.xyz
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Free Signals Based on Latest AI models💰: QuantSignals.xyz
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.