#Earnings $SNAP reports tonight. Below are details on earnings one-day moves over its entire history.

Oct. 25, 2018 AC -10.15%
Aug. 7, 2018 AC -6.78%
May 1, 2018 AC -21.93%
Feb. 6, 2018 AC +47.58% Biggest UP (the only UP)
Nov. 7, 2017 AC -14.61%
Aug. 10, 2017 AC -14.08%
May 10, 2017 AC -21.45% Biggest DOWN

Avg (+ or -) 19.51%
Bias -5.92%, negative bias on earnings.

With stock at 6.82 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 5.75 to 7.89
Based on AVERAGE move over last 12 quarters: 5.49 to 8.15
Based on MAXIMUM move over last 12 Q’s (47.6%): 3.58 to 10.06

Cost of a straddle is about 1.10. The AVG move has been 1.38. Nice low risk straddle candidate.

Open for requests on other symbols.