Our Hot Money monitor triggered a bullish alert in Snap Inc Inc. (SNAP).
This is the third consecutive day that we've seen this signal with buyers adding to the open interest to the at-the-money and out-of-the-money calls.
Here's what I'm doing…
Buy-to-open the SNAP September 17, 2021, $80/$90 call spread
At last glance, this is trading at $2.30 per spread.
Let’s manage our risk before entry and I’ll keep you updated every step of the way.