Whales with a lot of money to spend have taken a noticeably bearish stance onSnap.

Looking at options history for Snap (NYSE:SNAP) we detected 27 trades.

If we consider the specifics of each trade, it is accurate to state that 44% of the investors opened trades with bullish expectations and 48% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $137,561 and 24, calls, for a total amount of $2,414,438.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $10.0 and $18.0 for Snap...