/biz/ - Business & Finance

Alright, so here is the options profit/loss for those you who went on the straddle life on SNAP with me, based on my entry (12.5 8/17): http://opcalc.com/goEQ

The bounds are a move of 50%, which would be a repeat of earnings beat 2/6/2018. The most likely move is 30%, 16.70 & 8.99. An upwards move of only 14% will result in a breakeven; likewise, a downwards move of 24% will result in breakeven. These breakeven values are for ON EXPIRATION. Move should be complete by the 15th at latest, based on previous movement on earnings. Based on current market price (Close today should be used for calculations going into earnings).

>Values are %Gain/Loss

Alright, so here is the options profit/loss for those you who went on the straddle life with me, based on my entry (12.5 8/17): http://opcalc.com/goEQ

The bounds are a move of 50%, which would be a repeat of earnings beat 2/6/2018. The most likely move is 30%, 16.70 & 8.99. An upwards move of only 14% will result in a breakeven; likewise, a downwards move of 24% will result in breakeven. These breakeven values are for ON EXPIRATION. Move should be complete by the 15th at latest, based on previous movement on earnings. Based on current market price (Close today should be used for calculations going into earnings)