# How come SNAP does not have option chain?

I want to buy put options on the newly issued SNAP stock (Snapchat). How come the option chain is still empty? it's been a few days since the IPO.

• Not every stock has an option traded on it. – Gordon Mar 6 '17 at 18:19
• Patience! Patience! It takes at least a week, sometimes longer. SNAP is only 3 days old. – noob2 Mar 6 '17 at 19:05
• Options will be listed this Friday. Source: http://www.cboe.com/blogs/options-hub/2017/03/02/snapchat-%28snap%29-ipo-is-here! – LocalVolatility Mar 6 '17 at 19:06
• Could you make that an answer @LocalVolatility ? – Bob Jansen Mar 6 '17 at 19:11