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Snap Inc.

Straddle into Earnings

By GainMachine
Updated
No clue where SNAP is heading, but it is going to be a big move either way. Even with high IV the move will likely be great enough to be worth the straddle.
Trade active
IV crush was much more than expected. Call was closed and I am purely short now.
Chart PatternsFORgainsTechnical IndicatorsoptimalsnapstraddleTrend Analysis
GainMachine

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