SNAP251017P00001000 Option on Snap Inc

SNAP Stock  USD 9.96  0.00  0.00%   
SNAP251017P00001000 is a PUT option contract on Snap's common stock with a strick price of 1.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 92 days remaining before the expiration. The option is currently trading at an ask price of $0.02. The implied volatility as of the 17th of July 2025 is 92.0.
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 0.12% per day over the life of the option. With Snap trading at USD 9.96, that is roughly USD 0.0117. 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 1.88%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Snap

An 'Out of The Money' option on Snap has a strike price that Snap Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Snap's 'Out of The Money' options include buying the options if you expect a big move in Snap's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Put Contract NameSNAP251017P00001000
Expires On2025-10-17
Days Before Expriration92
Vega3.99E-4
Gamma9.62E-4
Theoretical Value0.01
Open Interest5
Strike Price1.0
Last Traded At0.01
Current Price Spread0.0 | 0.02
Rule 16 Daily Up or DownUSD 0.0117

Snap short PUT Option Greeks

Snap's Option Greeks for the contract ending on 2025-10-17 at a strike price of 1.0 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.
Delta-0.002766
Gamma9.62E-4
Theta-3.83E-4
Vega3.99E-4
Rho-8.8E-5

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 0.99 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 1.0, the payoff chart is constant and positive.
   Profit   
       Snap Price At Expiration  
View All Snap Options

Snap Inc Available Put 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
 Put
SNAP251017P00020000020.010.85 - 10.910.85In
 Put
SNAP251017P00019000019.09.4 - 10.959.4In
 Put
SNAP251017P00018000018.08.85 - 8.958.85In
 Put
SNAP251017P00017000017.07.3 - 7.957.3In
 Put
SNAP251017P00016000116.06.85 - 6.956.63In
 Put
SNAP251017P000150005315.05.85 - 5.956.45In
 Put
SNAP251017P000140003814.04.9 - 5.04.9In
 Put
SNAP251017P000130009713.04.0 - 4.14.0In
 Put
SNAP251017P0001200036812.03.1 - 3.23.1In
 Put
SNAP251017P0001100026211.02.32 - 2.382.4In
 Put
SNAP251017P0001000085910.01.63 - 1.671.67In
 Put
SNAP251017P0000900022779.01.05 - 1.071.02Out
 Put
SNAP251017P0000800032148.00.6 - 0.620.62Out
 Put
SNAP251017P0000700038117.00.3 - 0.310.31Out
 Put
SNAP251017P0000600018406.00.12 - 0.140.13Out
 Put
SNAP251017P000050002125.00.01 - 0.380.22Out
 Put
SNAP251017P000040006224.00.01 - 0.070.04Out
 Put
SNAP251017P00003000233.00.0 - 0.090.09Out
 Put
SNAP251017P00002000182.00.0 - 0.020.01Out
 Put
SNAP251017P0000100051.00.0 - 0.020.01Out

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.