Snap Inc. (SNAP)
Overview · Option chain · Volatility · Expected-move history · Earnings
Cboe delayed options data · as of 06:38 UTC · Figures derived from the full chain (324 contracts, 10 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)
Expected move — Sep 18, 2026 (15 days)
Methodology →Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.
Options are pricing a move of about ±10.0% (range 5.04–6.16) by Sep 18, 2026. ATM straddle: 0.56 @ strike 5.5 · ATM IV: 59.6%.
Probability distribution
Model & assumptions →The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.
| Level | vs price | P(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction. | P(below) |
|---|---|---|---|
| 5.04 | -10% | 79.1% | 20.9% |
| 5.32 | -5% | 64.2% | 35.8% |
| 5.60 | +0% | 47.6% | 52.4% |
| 5.88 | +5% | 32.1% | 67.9% |
| 6.16 | +10% | 19.8% | 80.2% |
Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.
Probability explorer
Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.
Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions
Expirations
Open the chain →| Expires | DTEDays to expiration, in calendar days. | Implied move | ATM IV | Open int. |
|---|---|---|---|---|
| Sep 04, 2026 | 1 | ±3.8% | 60.6% | 62.2K |
| Sep 11, 2026 | 8 | ±6.6% | 51.4% | 25.5K |
| Sep 18, 2026 | 15 | ±10.0% | 59.6% | 212.7K |
| Sep 25, 2026 | 22 | ±10.8% | 53.8% | 14.1K |
| Oct 02, 2026 | 29 | ±12.1% | 53.0% | 7,571 |
| Oct 09, 2026 | 36 | ±12.1% | 47.6% | 786 |
| Oct 16, 2026 | 43 | ±16.6% | 54.8% | 126.6K |
| Jan 15, 2027 | 134 | ±31.8% | 63.2% | 686.2K |
Open interest by strike — Sep 18
Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.
Largest open-interest concentrations (all expirations ≤ 60 days): 6 C · 90.6K7 C · 53.4K5 P · 50.3K8 C · 33.7K4 P · 31.4K
IV term structure
Volatility page →At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.
When does open interest expire?
Implied vs realized volatility
HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method
Price, last 60 sessions
Track record
Full history →Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.
Past earnings reactions
Avg |reaction| 17.3% · median 17.0% (20 reports) — two-session close-to-close window; definition
About Snap Inc.
Snap Inc. is a global technology company focused on cameras, serving users across North America, Europe, and other international regions. Its primary product is Snapchat, a powerful camera application that facilitates visual communication through short videos and images. This app boasts several key features, including its Camera function, Communication tools, Snap Map, Stories, and Spotlight. In addition to its software, Snap Inc. develops Spectacles, smart glasses designed to integrate with Snapchat for capturing media from a first-person perspective. The company also offers a comprehensive suite of advertising products, encompassing augmented reality (AR) ads and various Snap ad formats like single image/video, story, collection, and dynamic ads, as well as commercials. Founded in 2010, the company initially operated as Snapchat, Inc. before adopting the name Snap Inc. in September 2016. Its headquarters are located in Santa Monica, California.
Communication Services · Internet Content & Information · NYSE · Profile: Financial Modeling Prep
SNAP news
All news →Wall St set to snap three-day streak of losses despite Middle East clashes
The major U.S. stock indexes were set to end a three-day losing streak on Wednesday, as investors cautiously dipped back into equities…
Reuters · Sep 02, 04:58 UTC ↗Related securities — Communication Services
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