$SNAP Downtrend Continues - Bearish Options Activity

SNAP Downtrend Continues - Unusual Bearish Options Activity
Expecting one more leg down in this recent downtrend.

Unusual Bearish Options Activity Today:
30k $21.00 strike (OTM) November 20th puts traded today vs open interest <200 for a total premium outlay of 4.1M

Near term target: $20.00 by mid October
Stop loss: $25.00
Bearish PatternsChart PatternsTechnical IndicatorsoptionssnapTrend Analysis

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