SNAP251017C00003000 Option on Snap Inc

SNAP Stock  USD 10.01  0.10  1.01%   
SNAP251017C00003000 is a PUT option contract on Snap's common stock with a strick price of 3.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 90 days remaining before the expiration. The option is currently trading at a bid price of $6.9, and an ask price of $7.15. The implied volatility as of the 19th of July is 90.0.
When exercised, put options on Snap produce a short position in Snap Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Snap's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Snap Inc will have an average daily up or down price movement of about 0.0991% per day over the life of the option. With Snap trading at USD 10.01, that is roughly USD 0.009922. If you think that the market is fully understating Snap's daily price movement you should consider buying Snap Inc options at that current volatility level of 1.59%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Snap

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Snap positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Snap Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameSNAP251017C00003000
Expires On2025-10-17
Days Before Expriration90
Delta0.973669
Vega0.003035
Gamma0.007741
Theoretical Value7.15
Open Interest6
Strike Price3.0
Last Traded At7.02
Current Price Spread6.9 | 7.15
Rule 16 Daily Up or DownUSD 0.009922

Snap short PUT Option Greeks

Snap's Option Greeks for the contract ending on 2025-10-17 at a strike price of 3.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Snap's option greeks, its implied volatility helps estimate the risk of Snap stock implied by the prices of the options on Snap's stock.
Delta0.973669
Gamma0.007741
Theta-0.002988
Vega0.003035
Rho0.006402

Snap long PUT Option Payoff at expiration

Put options written on Snap grant holders of the option the right to sell a specified amount of Snap at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Snap Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Snap is like buying insurance aginst Snap's downside shift.
   Profit   
       Snap Price At Expiration  

Snap short PUT Option Payoff at expiration

By selling Snap's put option, the investors signal their bearish sentiment. A short position in a put option written on Snap will generally make money when the underlying price is above the strike price. Therefore Snap's put payoff at expiration depends on where the Snap Stock price is relative to the put option strike price. The breakeven price of 10.15 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Snap's price. Finally, at the strike price of 3.0, the payoff chart is constant and positive.
   Profit   
       Snap Price At Expiration  
View All Snap Options

Snap Inc Available Call Options

Snap's option chain is a display of a range of information that helps investors for ways to trade options on Snap. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Snap. It also shows strike prices and maturity days for a Snap against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
SNAP251017C00020000219320.00.01 - 0.070.04Out
Call
SNAP251017C0001900021419.00.0 - 0.040.05Out
Call
SNAP251017C000180008918.00.03 - 0.090.04Out
Call
SNAP251017C0001700081817.00.06 - 0.120.09Out
Call
SNAP251017C0001600066216.00.1 - 0.150.11Out
Call
SNAP251017C00015000581315.00.17 - 0.210.2Out
Call
SNAP251017C00014000170914.00.28 - 0.310.28Out
Call
SNAP251017C00013000115413.00.43 - 0.450.43Out
Call
SNAP251017C00012000260912.00.64 - 0.650.65Out
Call
SNAP251017C00011000292111.00.94 - 0.960.95Out
Call
SNAP251017C00010000533510.01.34 - 1.381.35Out
Call
SNAP251017C0000900035739.01.87 - 1.91.9In
Call
SNAP251017C0000800029158.02.51 - 2.552.54In
Call
SNAP251017C000070007157.03.25 - 3.353.33In
Call
SNAP251017C000060007866.04.15 - 4.24.11In
Call
SNAP251017C000050002445.05.05 - 5.154.5In
Call
SNAP251017C00004000364.06.05 - 6.154.65In
Call
SNAP251017C0000300063.06.9 - 7.157.02In
Call
SNAP251017C000020001152.07.95 - 8.157.35In
Call
SNAP251017C0000100061.08.6 - 9.657.01In

Snap Corporate Directors

Joanna ColesIndependent DirectorProfile
Robert MurphyCo-Founder, Chief Technology Officer, DirectorProfile
Alan LafleyIndependent DirectorProfile
Elizabeth JenkinsIndependent DirectorProfile

Additional Tools for Snap Stock Analysis

When running Snap's price analysis, check to measure Snap's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Snap is operating at the current time. Most of Snap's value examination focuses on studying past and present price action to predict the probability of Snap's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snap's price. Additionally, you may evaluate how the addition of Snap to your portfolios can decrease your overall portfolio volatility.