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Snap shares jump nearly 20% as options traders bet on a big rally into year-end

Market News
12 Oct 2026
CNBC
View Source
Bullish
Snap shares jump nearly 20% as options traders bet on a big rally into year-end

Snap Inc. shares have risen almost 20% this month amid heavy options trading betting on a significant price increase. Since July 2025, Snap stock has struggled under $10 after collapsing from over $80 in 2021 to a low of $3.81 in April. Traders are particularly focused on call options, with nearly 140,000 contracts traded Monday, signaling bullish sentiment. Investor interest is also fueled by Snap's augmented-reality product and a shareholder urging the company to invest more capital, potentially boosting the share price to $12-$14.

As of Oct 13, 2026 01:51 WIB, Snap Inc shares are trading at USD 6.59 on Pluang, up 5.77% in the last day. The stock's market capitalization stands at $10.54 billion, with a high trading volume of nearly 49 million shares. This notable price increase aligns with the recent surge in options activity highlighted in the news.

More News (SNAP)

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