SNAP Options History — April 2026

In April 2026, SNAP traded between $4.58 and $6.06. ATM implied volatility averaged 89.3%, placing in the 59.9% IV rank vs the trailing year. The 30-day expected move averaged 25.6%. IV traded above realized volatility by 6.1% (HV 20d: 83.2%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 14 of 14 trading days. Term structure was in contango for 2 of 14 days. Put/call ratio averaged 0.17.

Notable Days

2026-04-15: Highest Volume — 558,710 contracts
2026-04-06: Largest IV spike — 9.7% change
2026-04-20: Highest IV Rank — 71.8%
2026-04-14: Largest Expected Move — 27.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.27	$4.58	$6.06	$4.88	$5.66
Max Pain	$4.36	$4.00	$5.00	$5.00	$5.00
ATM IV	89.3%	79.9%	95.0%	79.9%	89.5%
Expected Move	25.6%	22.9%	27.2%	22.9%	25.7%
HV 20d	83.2%	75.7%	92.8%	75.7%	92.8%
HV 60d	67.3%	63.5%	72.0%	63.8%	72.0%
IV Rank	59.9%	43.8%	71.8%	43.8%	70.3%
IV Percentile	79.4%	64.7%	90.9%	64.7%	77.0%
Term Structure	-2.0%	-6.0%	11.1%	10.2%	-6.0%
VWIV	89.6%	67.0%	97.1%	67.0%	97.1%
Skew 25d	-0.8%	-6.3%	4.6%	4.6%	-6.1%
Skew 10d	-6.0%	-40.0%	29.9%	16.9%	-19.8%
Call IV 25d	91.0%	79.4%	96.0%	79.5%	94.4%
Put IV 25d	90.2%	80.8%	97.1%	84.1%	88.3%
Bid-Ask Spread %	9.64	6.73	13.00	9.88	12.14
Gamma HHI	0.26	0.13	0.60	0.27	0.13
Net GEX	5.8M	2.6M	16.1M	4.2M	4.5M
Net DEX	-158.2M	-324.2M	-65.9M	-111.0M	-160.2M
Net VEX	-1.6M	-1.9M	-1.3M	-1.4M	-1.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.17	0.08	0.30	0.13	0.13
Total Volume	173,303.571	50,301	558,710	240,173	131,532
Total OI	2,005,662.143	1,846,196	2,143,968	1,951,206	1,908,101

Daily Data (14 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2026-04-01	$4.88	$5.00	79.9%	22.9%	75.7%	43.8%	67.0%	4.6%	10.2%	4.2M	-111.0M	-1.4M	0.13	9.88	212,482	27,691	1,515,743	435,463
2026-04-02	$4.58	$4.00	83.5%	23.9%	78.5%	48.1%	89.1%	1.4%	11.1%	2.6M	-65.9M	-1.3M	0.25	9.93	92,577	22,848	1,580,389	446,523
2026-04-06	$4.71	$4.00	91.6%	26.3%	78.9%	57.5%	90.5%	2.1%	-3.2%	3.7M	-75.4M	-1.4M	0.26	9.30	64,494	16,837	1,547,920	426,555
2026-04-07	$4.78	$4.00	91.2%	26.2%	79.2%	57.1%	89.3%	0.5%	-3.1%	4.2M	-84.6M	-1.4M	0.20	10.49	42,013	8,288	1,577,306	436,758
2026-04-08	$4.74	$4.00	90.2%	25.9%	78.0%	55.9%	87.4%	-0.3%	-2.6%	4.2M	-77.3M	-1.4M	0.18	13.00	96,253	17,669	1,592,409	441,273
2026-04-09	$4.94	$4.00	90.4%	25.9%	79.4%	56.1%	87.4%	-0.3%	-3.8%	5.3M	-99.0M	-1.4M	0.12	9.04	61,871	7,427	1,569,030	446,814
2026-04-10	$4.79	$4.00	90.7%	26.0%	78.6%	56.4%	90.2%	1.8%	-1.9%	2.8M	-73.5M	-1.4M	0.08	10.45	140,257	11,077	1,597,402	445,821
2026-04-13	$5.11	$4.00	92.5%	26.5%	81.2%	58.5%	92.5%	3.0%	-4.4%	4.3M	-118.8M	-1.5M	0.15	9.56	118,096	17,372	1,530,481	413,808
2026-04-14	$5.47	$4.00	95.0%	27.2%	84.1%	61.4%	93.7%	3.2%	-5.8%	6.6M	-196.7M	-1.7M	0.16	6.73	246,759	39,987	1,570,788	422,638
2026-04-15	$6.05	$4.00	91.1%	26.1%	90.0%	67.6%	92.9%	-5.2%	-3.7%	9.1M	-324.2M	-1.9M	0.10	8.58	506,898	51,812	1,625,520	438,645
2026-04-16	$6.06	$5.00	89.4%	25.6%	90.0%	70.1%	91.7%	-5.2%	-4.7%	8.5M	-304.2M	-1.9M	0.20	8.56	140,730	27,885	1,660,925	458,794
2026-04-17	$6.04	$5.00	84.9%	24.3%	89.8%	63.4%	88.9%	-6.3%	-4.3%	16.1M	-298.8M	-1.9M	0.11	7.03	176,435	19,859	1,673,878	470,090
2026-04-20	$6.03	$5.00	90.5%	25.9%	88.6%	71.8%	97.1%	-4.4%	-5.5%	5.3M	-225.5M	-1.9M	0.30	10.30	97,759	29,342	1,449,448	396,748
2026-04-21	$5.66	$5.00	89.5%	25.7%	92.8%	70.3%	97.1%	-6.1%	-6.0%	4.5M	-160.2M	-1.8M	0.13	12.14	116,417	15,115	1,490,909	417,192