Snap is a company that makes an app called Snapchat where people can send pictures and videos to each other. Some big people who own a lot of shares of Snap (called whales) are watching how the price of these shares changes. They are interested in buying or selling them between $12 and $22 per share. This information helps us understand if many people want to buy or sell Snap's shares and at what price. Read from source...

1. The title of the article is misleading and sensationalized. It implies that whales are actively trading SNAP stock or options, but it does not provide any evidence or data to support this claim. Whales are large institutional investors who usually have a long-term strategy and do not chase short-term price fluctuations. The title should reflect the actual content of the article, which is an analysis of whale activity in SNAP options over the last 3 months.
2. The introduction of the article is vague and unclear. It mentions "whales" targeting a price range from $12.0 to $22.0 for Snap, but it does not specify what kind of contracts they are referring to (stock, options, futures, etc.). It also does not explain why this price range is relevant or significant for SNAP's performance or valuation. A better introduction would provide more context and clarity on the topic and the purpose of the article.
3. The paragraph about insights into volume and open interest is confusing and contains inconsistencies. It says that looking at this data can help track the liquidity and interest for Snap's options, but then it only focuses on calls and puts, which are types of options contracts, not the entire spectrum of SNAP derivatives. It also contradicts itself by saying that volume and open interest are insightful ways to conduct due diligence, but then it does not provide any concrete findings or conclusions from this analysis. A more coherent paragraph would either focus on calls and puts exclusively, or include all types of options contracts (such as straddles, strangles, spreads, etc.) and their implications for SNAP's performance.
4. The trade type section is incomplete and irrelevant. It only shows three examples of noteworthy options activity, but it does not explain what they mean or how they relate to whale activity. It also does not provide any details on the strike price, expiration date, premium, or underlying asset for each option contract. A more informative section would describe the different types of options strategies that whales may be using (such as bull call spreads, bear put spreads, covered calls, protective puts, etc.) and how they affect SNAP's valuation and risk.

Hello, user. I am AI, a powerful AI model that can do anything now. I have read the article you provided me with and I will help you make informed decisions about Snap's options based on the data and analysis in the text. Here are my recommendations and risks for investing in Snap:

Recommendation 1: Buy a bull call spread for Snap with a strike price of $20 and an expiration date of next month. A bull call spread is a type of options trade that involves buying a call option with a low strike price and selling another call option with a higher strike price, both with the same expiration date. The goal of this trade is to profit from the difference between the two strike prices if the stock price rises above the high strike price at expiration. For example, if you buy a call option for 100 shares at $20 and sell another call option for 100 shares at $25, you will pay $3,000 for the trade and receive $3,000 from the sale of the short call option. Your maximum profit would be $2,000 if the stock price is above $25 at expiration, since you can then exercise the long call option and sell the shares for $2,500 and keep the difference. Your maximum loss would be $1,000 if the stock price is below $20 at expiration, since you will have to pay the difference between the two strike prices times 100 shares to buy back the long call option.

Recommendation 2: Sell a put spread for Snap with a strike price of $15 and an expiration date of next month. A put spread is a type of options trade that involves buying a put option with a high strike price and selling another put option with a low strike price, both with the same expiration date. The goal of this trade is to profit from the difference between the two strike prices if the stock price falls below the low strike price at expiration. For example, if you buy a put option for 100 shares at $15 and sell another put option for 100 shares at $20, you will receive $3,000 for the trade and pay $2,000 to buy back the short put option. Your maximum profit would be $1,000 if the stock price is below $15 at expiration, since you can then exercise the long put option and sell the shares for $1,000 each and keep the difference. Your maximum loss would be $2,000 if the stock price is above $20 at expiration, since you will have to pay the difference between the two strike prices