Traders are loading up on bets Snap will hit a record high (SNAP)

Someone just made a big wager that Snap will hit a record high.
At 10:18 a.m. ET, several bullish block trades totaling about 8,500 shares changed hands, betting that Snap will climb to $27.50 by May 26. That would beat the company's previous record of $27.09, reached on March 3, two days after its initial public offering.
In order for the options speculator to be in the money, the company's stock has to rise 26% from Wednesday's close. It's already making good progress, clim