SNAP is an upcoming IPO of a company similar to TWTR.  Consider up to 60% of the full core position size in the IPO at the IPO price.  To be absolutely clear this is not a call to buy in the after market after the IPO starts trading.

Consider stops in the zone of $0.03 to $0.13 below the IPO price.

Please note that if you are an individual investor trading with online brokers, you are not likely to get this IPO.