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Snowflake (SNOW) Options Idea Soars: 120% Gains in a Single Day!

If you've been following our options ideas,

you have seen some of our ideas produce pretty good returns.

Back on October 23rd, we highlighted an options opportunity for Snowflake Inc. (SNOW) that had the potential to yield significant returns. We recommended keeping an eye on the December 15 expiration 160 strike price contract for Snowflake (SNOW), which had a premium of $8.55 at that time. Fast forward to yesterday, and this contract surged ove 100% from the previous day close. Its premium now standing at $12.15, up over 40% from our initial analysis.

This fantastic outcome is a testament to the power of informed options trading and staying attuned to market trends. If you're interested in receiving more insightful options ideas like this, consider subscribing to one of our plans.

Our subscribers have access to timely recommendations, in-depth analysis, and valuable insights that can help you make informed decisions in the world of options trading.

Here's a closer look at how this particular options idea played out:

The Options Idea

On October 23rd, we pointed out the potential in the Snowflake (SNOW) options market. We honed in on the December 15 expiration 160 strike price contract, which was trading at a premium of $8.55.

The Remarkable Gains

Now, just over a month later, we're thrilled to report that this particular option has surged over 100% from the prior day close, reflecting a premium of $12.15. Yesterday's move reflects 40% return on the contract since our publication on October 23.

This incredible growth showcases the rewards that well-timed options trading can offer. Whether you're an experienced trader or new to the world of options, these gains demonstrate the possibilities that exist when you stay informed and make strategic moves.

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subscribe. The information provided in this report is for general informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. The opinions expressed in the report are our own and are subject to change without notice. We may have a position in the securities mentioned in the report, and we may buy or sell such securities without notice. Any investment decisions made based on the information in this report are solely the responsibility of the recipient. We do not accept any liability for any direct, indirect, or consequential loss arising from any use of this report or its contents.


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