SNOW Options History — April 2014

In April 2014, SNOW traded between $11.26 and $12.81. ATM implied volatility averaged 41.9%. The 30-day expected move averaged 12.2%. IV traded below realized volatility by 1.2% (HV 20d: 43.1%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.50.

Notable Days

  • 2014-04-16: Highest Volume — 22 contracts
  • 2014-04-10: Largest IV spike — 26.3% change
  • 2014-04-25: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.09$11.26$12.81$12.81$11.34
Max Pain$12.50$12.50$12.50$12.50$12.50
ATM IV41.9%33.7%50.8%38.6%38.7%
Expected Move12.2%10.5%14.6%11.1%11.1%
HV 20d43.1%34.3%48.8%35.0%44.6%
Term Structure5.6%-7.4%61.1%0.8%1.7%
VWIV43.4%43.4%43.4%43.4%43.4%
Skew 25d1.6%-6.3%6.5%6.0%3.2%
Skew 10d2.2%-6.9%10.2%10.2%4.5%
Call IV 25d40.8%36.3%46.1%36.8%39.3%
Put IV 25d42.4%36.6%46.5%42.8%42.6%
Bid-Ask Spread %114.00101.25148.22139.31112.63
Gamma HHI0.980.961.001.000.97
Net GEX6-232248112-209
Net DEX1.8K-1.1K10.4K-1.1K10.4K
Net VEX-39-80-10-12-65
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.001.000.001.00
Total Volume1.42902210
Total OI16.619533533

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-04-01$12.81$12.5038.6%11.1%35.0%0.0%0.0%6.0%0.8%112-1.1K-120.00139.31N/AN/A0132
2014-04-02$12.53$12.5042.6%12.2%35.6%0.0%0.0%5.6%-7.4%56-218-140.00148.22N/AN/A0033
2014-04-03$12.55$12.5040.6%11.6%35.7%0.0%0.0%4.5%-5.2%69-193-140.00137.21N/AN/A0033
2014-04-04$12.58$12.5038.2%10.8%34.3%0.0%0.0%4.7%54.2%83-236-140.00119.14N/AN/A0033
2014-04-07$12.20$12.5041.4%10.7%35.3%0.0%0.0%3.2%61.1%66271-130.00123.63N/AN/A0033
2014-04-08$12.06$12.5033.7%12.7%35.2%0.0%0.0%-1.5%0.4%841.1K-110.00102.51N/AN/A0033
2014-04-09$12.68$12.5035.1%13.0%40.4%0.0%0.0%6.5%-0.8%140261-120.00101.55N/AN/A0033
2014-04-10$11.75$12.5044.4%12.7%47.6%0.0%0.0%-6.3%-0.4%471.5K-100.00103.26N/AN/A0033
2014-04-11$11.84$12.5045.7%13.1%47.9%0.0%0.0%-4.4%-1.3%601.5K-100.00101.25N/AN/A0033
2014-04-14$11.96$12.5043.0%12.3%48.0%0.0%0.0%-3.1%1.6%711.4K-100.00104.58N/AN/A2033
2014-04-15$12.08$12.5043.3%12.4%47.4%0.0%0.0%-2.1%0.8%138116-150.00102.73N/AN/A0053
2014-04-16$12.40$12.5045.6%13.1%48.8%0.0%0.0%2.9%-0.4%248-567-161.00103.09N/AN/A111153
2014-04-17$12.19$12.5044.1%12.6%48.6%0.0%0.0%0.3%1.0%109-613-800.00102.49N/AN/A001614
2014-04-21$12.02$12.5042.5%12.2%48.3%0.0%0.0%-0.6%1.5%-85846-770.00108.31N/AN/A001414
2014-04-22$12.29$12.5045.9%13.2%48.0%0.0%0.0%2.5%-1.6%-8963-780.00104.21N/AN/A001414
2014-04-23$12.00$12.5046.3%13.3%47.9%0.0%0.0%-0.5%-2.2%-90314-760.00103.60N/AN/A001414
2014-04-24$12.11$12.5043.5%12.5%43.7%0.0%43.4%1.2%0.4%-91115-760.00104.82N/AN/A051414
2014-04-25$11.66$12.5050.8%14.6%43.6%0.0%0.0%4.3%8.2%-2085.7K-770.00147.55N/AN/A001419
2014-04-28$11.26$12.5038.6%11.1%44.5%0.0%0.0%3.9%4.2%-1598.8K-690.00111.59N/AN/A001419
2014-04-29$11.50$12.5036.5%10.5%44.7%0.0%0.0%4.2%1.9%-2328.2K-730.00112.36N/AN/A001419
2014-04-30$11.34$12.5038.7%11.1%44.6%0.0%0.0%3.2%1.7%-20910.4K-650.00112.63N/AN/A001419