SNAP Options History — April 2024

In April 2024, SNAP traded between $10.29 and $15.14. ATM implied volatility averaged 93.4%, placing in the 70.5% IV rank vs the trailing year. The 30-day expected move averaged 25.4%. IV traded above realized volatility by 48.9% (HV 20d: 44.5%). Max pain ranged from $11.00 to $12.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.44.

Notable Days

  • 2024-04-26: Highest Volume — 672,314 contracts
  • 2024-04-26: Largest IV drop — 50.8% change
  • 2024-04-25: Highest IV Rank — 100.0%
  • 2024-04-25: Largest Expected Move — 38.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.59$10.29$15.14$11.21$15.14
Max Pain$11.95$11.00$12.00$12.00$12.00
ATM IV93.4%52.8%116.7%91.9%52.8%
Expected Move25.4%14.5%38.5%14.6%16.4%
HV 20d44.5%22.4%96.5%42.9%95.5%
HV 60d99.9%97.2%110.8%98.6%110.1%
IV Rank70.5%15.7%100.0%68.6%15.7%
IV Percentile87.5%46.0%100.0%88.9%46.0%
Term Structure-5.2%-10.7%9.0%-5.3%-0.3%
VWIV91.6%51.9%134.1%56.7%57.4%
Skew 25d-6.5%-11.3%0.2%-6.2%-1.4%
Skew 10d-11.4%-22.9%-0.5%-10.1%-2.1%
Call IV 25d98.4%54.0%123.6%95.8%54.0%
Put IV 25d91.9%52.6%117.3%89.6%52.6%
Bid-Ask Spread %12.512.7539.7339.4318.97
Gamma HHI0.120.100.200.120.20
Net GEX7.3M3.3M19.5M5.6M17.5M
Net DEX-259.0M-927.6M-48.4M-151.9M-834.6M
Net VEX-2.9M-3.5M-2.5M-2.8M-3.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.170.740.380.63
Total Volume161,985.68251,521672,31461,504266,668
Total OI1,644,053.6361,458,5581,945,0291,511,9911,695,501

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$11.21$12.0091.9%14.6%42.9%68.6%56.7%-6.2%-5.3%5.6M-151.9M-2.8M0.3839.4344,73016,7741,040,284471,707
2024-04-02$11.11$12.0092.4%14.5%42.6%69.3%51.9%-5.8%-6.1%4.4M-116.4M-2.7M0.6538.3631,28720,234980,341478,217
2024-04-03$11.11$12.0092.6%14.6%40.4%69.6%53.0%-8.0%-3.1%4.6M-124.9M-2.7M0.1839.7347,0618,372993,876481,780
2024-04-04$11.11$12.0093.2%24.0%39.5%70.4%89.2%-6.4%-7.4%4.7M-127.0M-2.7M0.353.3540,10813,9581,020,497483,087
2024-04-05$11.04$12.0095.0%25.0%32.3%72.8%92.5%-9.1%-6.4%3.3M-121.2M-2.7M0.183.1351,6739,4701,037,814487,448
2024-04-08$11.14$12.0093.5%25.1%27.1%70.8%93.2%-7.3%-4.2%5.7M-144.2M-2.7M0.293.2364,64918,4331,029,714475,372
2024-04-09$11.18$12.0093.1%24.9%22.4%70.2%93.5%-8.2%-5.0%6.1M-151.6M-2.8M0.212.7564,87613,4121,059,856487,598
2024-04-10$10.91$12.0093.0%25.6%23.6%70.1%93.7%-8.1%-3.8%5.0M-118.0M-2.7M0.624.7340,44625,0871,095,280493,532
2024-04-11$11.27$12.0093.5%25.4%26.6%70.7%90.6%-6.5%-5.5%7.1M-172.4M-2.8M0.724.9542,62030,6341,121,371500,443
2024-04-12$10.86$12.0095.8%26.6%25.5%73.8%93.9%-8.3%-4.4%4.5M-123.9M-2.8M0.694.0734,54323,7221,145,629523,121
2024-04-15$10.29$12.0096.2%27.2%30.7%74.4%100.8%-9.5%-6.5%3.3M-48.4M-2.5M0.418.3895,65439,4201,132,025520,248
2024-04-16$10.41$12.0099.3%28.1%31.2%78.6%101.5%-8.6%-8.2%3.6M-72.3M-2.6M0.4015.9569,28327,6691,152,451543,118
2024-04-17$11.07$11.00106.6%30.6%38.8%88.4%108.1%-8.7%-10.7%6.5M-191.2M-2.8M0.277.30185,13549,4731,189,791556,959
2024-04-18$11.61$12.00106.0%30.8%42.1%87.6%109.9%-9.8%-7.6%10.1M-307.6M-3.1M0.253.61175,92044,2201,234,699576,427
2024-04-19$11.16$12.00103.7%30.4%44.5%84.5%112.9%-11.3%-6.1%7.0M-237.5M-3.0M0.174.28192,52531,8991,271,841590,117
2024-04-22$11.18$12.00106.2%32.6%44.1%87.8%116.3%-5.8%-8.6%6.0M-226.3M-3.0M0.383.8798,18137,2351,087,666517,942
2024-04-23$11.41$12.00108.8%34.4%44.7%91.4%121.2%-3.4%-8.7%6.6M-274.9M-3.2M0.423.2784,61135,3011,119,595529,210
2024-04-24$11.09$12.00112.5%36.1%45.8%96.3%125.6%-3.2%-9.7%6.0M-229.9M-3.1M0.559.55134,05874,2091,135,509546,053
2024-04-25$11.50$12.00116.7%38.5%47.7%100.0%134.1%-6.4%-6.3%6.9M-305.4M-3.2M0.649.21274,180176,1951,180,002574,965
2024-04-26$14.57$12.0057.4%17.6%96.5%21.7%61.2%-1.6%-0.0%19.5M-927.6M-3.5M0.5418.95436,966235,3481,277,870667,159
2024-04-29$14.61$12.0054.8%16.6%95.6%18.3%59.0%0.2%9.0%17.4M-690.6M-3.5M0.7428.0790,32767,1191,089,634573,431
2024-04-30$15.14$12.0052.8%16.4%95.5%15.7%57.4%-1.4%-0.3%17.5M-834.6M-3.5M0.6318.97164,106102,5621,100,022595,479