Weekly options by stock · SNAP
SNAP Weekly Options
Last SNAP trade alerted Oct 30, 2024
Yes, SNAP has weekly options. They trade on US exchanges and expire every Friday the market is open, except the third Friday of each month, when monthly options expire. When a Friday is a market holiday, that week’s options typically expire on the prior trading day. Below is our fully documented track record on SNAP, and how its weekly options work.
Snap (SNAP) is listed on the NYSE and based in Santa Monica, California.
Our documented SNAP track record
Every SNAP trade we have published, wins and losses alike. “Potential gain” is measured from a recorded entry price to a recorded exit price; individual results vary. Past performance does not guarantee future results.
Documented SNAP trade stories
A closer look at recent SNAP weekly options trades we published and tracked, with the chart from the time of the trade. Wins and losses alike.
72% Potential Profit on a SNAP Weekly Call Option
SNAP · published Oct 30, 2024
SNAP Dec 06 2024 $11.00 CALLS
We publish and track this weekly options trade idea as a model position, tracked on paper rather than as a live trade of Weekly Options USA. Figures are the potential profit or loss on the published parameters; results vary from trader to trader. Past performance does not guarantee future results. General information, not personal advice.
See the research behind every SNAP trade inside membership →15% Potential Profit on a SNAP Weekly Call Option
SNAP · published Jan 30, 2024
SNAP Mar 01 2024 $17.00 CALLS
We publish and track this weekly options trade idea as a model position, tracked on paper rather than as a live trade of Weekly Options USA. Figures are the potential profit or loss on the published parameters; results vary from trader to trader. Past performance does not guarantee future results. General information, not personal advice.
See the research behind every SNAP trade inside membership →4% Potential Profit on a SNAP Weekly Put Option
SNAP · published Jan 18, 2023
SNAP Feb 03 2023 $9.50 PUTS
We publish and track this weekly options trade idea as a model position, tracked on paper rather than as a live trade of Weekly Options USA. Figures are the potential profit or loss on the published parameters; results vary from trader to trader. Past performance does not guarantee future results. General information, not personal advice.
See the research behind every SNAP trade inside membership →26% Potential Profit on a SNAP Weekly Call Option
SNAP · published Sep 9, 2022
SNAP Sep 30 2022 $12.50 CALLS
We publish and track this weekly options trade idea as a model position, tracked on paper rather than as a live trade of Weekly Options USA. Figures are the potential profit or loss on the published parameters; results vary from trader to trader. Past performance does not guarantee future results. General information, not personal advice.
See the research behind every SNAP trade inside membership →Recent SNAP weekly options trades
| Date | Contract | Priced from | Exit | Potential profit |
|---|---|---|---|---|
| Oct 30, 2024 | SNAP Dec 06 2024 $11.00 CALLS | $1.19 | $2.05 | +72% |
| Jan 30, 2024 | SNAP Mar 01 2024 $17.00 CALLS | $1.65 | $1.89 | +15% |
| Jan 18, 2023 | SNAP Feb 03 2023 $9.50 PUTS | $0.92 | $0.96 | +4% |
| Sep 9, 2022 | SNAP Sep 30 2022 $12.50 CALLS | $0.88 | $1.11 | +26% |
| Apr 18, 2022 | SNAP Apr 22 2022 $33.00 PUTS | $2.77 | $5.93 | +114% |
| Jan 31, 2022 | SNAP Feb 11 2022 $30.00 PUTS | $2.21 | $6.95 | +214% |
| Feb 8, 2021 | SNAP Feb 12 2021 $65.00 CALLS | $0.59 | $1.81 | +207% |
Our SNAP weekly options trading history
We have published documented SNAP weekly options trades from Feb 8, 2021 to Oct 30, 2024. Across 7 closed trades, 4 used call options and 3 used put options. Our best documented SNAP result was a potential gain of +214% on SNAP FEB 11 2022 30.000 PUTS, published Jan 31, 2022. The most recent are shown above, and every one, wins and losses, is on our full track record. Past performance does not guarantee future results.
What our SNAP record shows
We have published 7 documented SNAP positions, across 4 years, from 2021 to 2024, 4 using calls and 3 using puts. The median SNAP potential result is +72%, below the +83% median across our whole record. The range runs from +4% to +214%. None of them closed at a loss, which is unusual and is not a forecast.
How weekly options work on SNAP
SNAP comes up regularly in our research, across 7 closed positions. We have published it in both directions, calls and puts. Weekly contracts decay faster than monthlies, so on a name like this the entry, the exit and the stop matter more than the direction alone.
Our published SNAP ideas carry entry parameters, exit guidelines and a stop, and the reasoning behind the trade, so the logic is on the page rather than implied.
SNAP weekly options: common questions
Does SNAP have weekly options?
Yes. SNAP has weekly options listed on US exchanges. New contracts are added regularly and expire every Friday the market is open, except the third Friday of each month, when monthly options expire. When a Friday is a market holiday, that week's options typically expire on the prior trading day.
When do SNAP weekly options expire?
SNAP weekly options expire at the close of trading, 4:00 pm Eastern, every Friday the market is open, except the third Friday of each month, when monthly options expire. When a Friday is a market holiday, that week's options typically expire on the prior trading day.
What is Weekly Options USA's track record on SNAP?
We have published 7 closed SNAP weekly options trade ideas, with a 100% win rate and an average potential gain of 93% across them. Every one is on our public track record. Past performance does not guarantee future results.
What are the best weekly options to trade on SNAP?
There is no single best contract. The right choice depends on your position size, timeframe and risk tolerance.
Experienced traders start with liquidity, looking at the daily volume and open interest of the specific option contract, not the stock itself. A lightly traded strike can be difficult to exit at a fair price, even if the trade idea is right.
Next comes the bid-ask spread. A wide spread adds cost both when entering and exiting the position.
Then there is time to expiry. Time decay becomes increasingly important as a weekly option approaches expiration, particularly in the final days.
Finally, there needs to be a reason for the stock to move within that timeframe. Earnings, a product announcement or a significant technical level may provide a catalyst. Without one, the option can lose time value while the stock goes nowhere.
How do I trade weekly options on SNAP?
Weekly options on SNAP are traded through any US options brokerage, in the same account you would use for shares. Most brokers ask you to apply for options approval first. This is general information, not personal advice; you make your own decisions.
Other stocks we have documented trades on
The full list is on weekly options by stock.
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Weekly Options USA is a publisher of general trading research and education, not a registered investment adviser or broker-dealer. Everything we publish is general information only, never personal advice or a recommendation tailored to you, and you make your own trading decisions. Options trading carries substantial risk, including leverage, volatility, and the loss of your entire investment, and is not suitable for everyone. We guarantee no profit, accuracy or outcome. Past performance, including any results shown on this site, does not guarantee future results. Only trade with money you can afford to lose.