SNAP Options History — June 2025

In June 2025, SNAP traded between $7.92 and $8.68. ATM implied volatility averaged 50.9%, placing in the 11.7% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 8.8% (HV 20d: 42.1%). Max pain ranged from $8.00 to $9.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.49.

Notable Days

  • 2025-06-27: Highest Volume — 217,655 contracts
  • 2025-06-30: Largest IV spike — 19.0% change
  • 2025-06-30: Highest IV Rank — 38.5%
  • 2025-06-05: Largest Expected Move — 14.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.29$7.92$8.68$8.18$8.68
Max Pain$8.50$8.00$9.00$9.00$8.00
ATM IV50.9%45.3%75.8%45.3%75.8%
Expected Move13.4%12.1%14.4%13.9%13.1%
HV 20d42.1%33.2%50.8%49.8%46.8%
HV 60d78.6%77.7%80.0%80.0%79.0%
IV Rank11.7%5.3%38.5%6.8%38.5%
IV Percentile20.4%6.0%62.3%7.9%62.3%
Term Structure8.2%-12.5%39.9%-0.4%14.3%
VWIV47.7%42.7%53.0%49.4%46.9%
Skew 25d2.8%-2.2%25.7%0.3%25.7%
Skew 10d0.1%-21.8%15.3%-0.3%14.4%
Call IV 25d50.0%42.8%73.1%48.4%73.1%
Put IV 25d52.8%47.2%98.7%48.7%98.7%
Bid-Ask Spread %3.942.267.273.005.08
Gamma HHI0.150.100.430.100.14
Net GEX1.6M-3.3M3.4M1.2M3.2M
Net DEX-20.4M-98.3M30.7M837.2K-76.2M
Net VEX-1.3M-1.4M-1.2M-1.2M-1.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.111.090.760.40
Total Volume72,950.934,574217,65536,72783,701
Total OI1,064,544.35951,5891,169,564985,7221,033,955

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-06-02$8.18$9.0045.3%13.9%49.8%6.8%49.4%0.3%-0.4%1.2M837.2K-1.2M0.763.0020,89415,833678,276307,446
2025-06-03$8.34$9.0047.2%13.5%49.5%9.0%48.3%0.7%1.0%2.0M-16.8M-1.3M0.112.9059,3356,746691,435308,912
2025-06-04$8.52$9.0049.6%14.2%49.8%11.7%50.7%-0.5%-0.3%3.1M-38.1M-1.3M0.433.2843,90618,823714,771313,012
2025-06-05$8.18$8.0050.4%14.4%50.0%12.6%50.3%0.2%0.9%1.8M-3.2M-1.2M0.393.7739,49515,575728,672318,660
2025-06-06$8.27$8.0047.3%13.8%49.8%9.1%48.1%-0.4%-3.9%1.6M-13.7M-1.2M0.644.6442,65727,297744,449327,965
2025-06-09$8.52$8.0047.1%13.7%50.8%8.8%48.6%-0.7%0.5%2.4M-38.1M-1.3M0.792.7660,26547,867715,602324,530
2025-06-10$8.52$8.0047.0%13.8%33.2%8.8%49.2%-0.1%0.7%3.0M-39.8M-1.3M0.183.0472,73613,318737,581356,385
2025-06-11$8.57$9.0047.8%13.8%33.3%9.7%49.0%-1.3%-0.1%3.4M-46.1M-1.4M0.383.3848,52818,241748,139363,028
2025-06-12$8.32$9.0047.1%13.8%34.6%8.3%48.3%0.7%1.0%2.0M-12.3M-1.3M0.663.6027,36218,076754,161366,349
2025-06-13$7.92$9.0049.5%14.4%35.4%10.9%53.0%0.3%1.7%19.0K30.7M-1.2M0.513.2761,19931,046762,657374,743
2025-06-16$8.23$9.0046.6%13.4%38.0%7.7%47.0%0.9%-12.5%1.1M-6.9M-1.3M1.094.0155,60160,734738,138343,397
2025-06-17$8.16$9.0048.2%13.9%38.1%9.3%48.8%1.4%11.5%1.1M-1.8M-1.3M0.404.9924,7519,823760,632393,491
2025-06-18$8.27$9.0047.0%13.5%38.1%6.8%46.9%1.4%-9.4%1.7M-10.0M-1.3M0.395.8135,82613,847767,560396,581
2025-06-20$8.02$9.0047.6%13.4%38.2%5.3%47.7%-2.2%4.4%-3.3M17.1M-1.2M0.832.2632,20926,719768,446401,118
2025-06-23$7.95$8.0055.6%12.7%37.4%14.7%45.3%2.8%20.5%436.4K6.3M-1.2M0.684.4232,06121,886610,284341,305
2025-06-24$8.30$8.0050.3%12.1%40.0%8.4%42.7%23.7%39.9%1.8M-27.2M-1.3M0.233.3656,11013,001626,624354,506
2025-06-25$8.05$8.0049.2%12.4%40.8%7.2%44.0%0.7%30.8%961.2K-10.9M-1.3M0.387.2733,25712,652661,502358,446
2025-06-26$8.14$8.0056.1%12.2%41.1%15.3%43.0%1.0%31.5%1.4M-22.8M-1.3M0.254.4432,1097,877678,454364,696
2025-06-27$8.68$8.0063.7%13.1%47.1%24.2%45.8%2.1%32.0%2.9M-98.3M-1.4M0.293.47168,79248,863689,301365,678
2025-06-30$8.68$8.0075.8%13.1%46.8%38.5%46.9%25.7%14.3%3.2M-76.2M-1.4M0.405.0859,88823,813684,897349,058