Snapshat
SNAP Earnings Today ! $26.50 Strike Price Puts loading On 2022-02-14, SNAP largest shareholder, PRICE T ROWE ASSOCIATES INC, reported the selling of 17,607,412 shares.
MORGAN STANLEY also sold 4,061,262 shares and BlackRock Inc. 519,482.
I am thinking to buy the 26.50 strike price puts expiring April 29 for $1.61 premium.
Looking forward to read your opinion about it.
SNAP Buy Signal to Watch If NYSE:SNAP closes in an upcoming day above the 18.5 (RED) , it would likely continue up to the 20-21 area (GREEN) .
If it closes considerably above the 20-21 area , it would likely continue up to around the 27-30 area (BLUE).
The Triangle coloured in grey would serve as support area along the way .