If you haven`t bought the dip on SNAP: nor sold SNAP before the previous earnings:
Taking into account SNAP's post-market decline following META's selloff and examining both the options chain and SNAP's chart patterns before this week's earnings report, I'd contemplate acquiring the $10 strike price calls expiring on April 26, 2024. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
SNAP spiked 27.63% after earnings! Congrats to all who bought the dip!
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