SNOW Options History — September 2014

In September 2014, SNOW traded between $9.61 and $11.90. ATM implied volatility averaged 41.0%, placing in the 8.9% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 1.2% (HV 20d: 39.7%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.07.

Notable Days

  • 2014-09-25: Highest Volume — 100 contracts
  • 2014-09-16: Largest IV drop — 18.2% change
  • 2014-09-25: Highest IV Rank — 12.9%
  • 2014-09-25: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.76$9.61$11.90$11.90$9.67
ATM IV41.0%33.3%47.0%33.3%40.5%
Expected Move13.1%11.7%13.6%12.9%12.9%
HV 20d39.7%35.2%42.5%35.2%35.6%
HV 60d33.2%30.3%34.7%30.3%33.8%
IV Rank8.9%3.8%12.9%3.8%8.6%
IV Percentile54.5%12.3%90.5%12.3%50.7%
Term Structure-0.6%-20.0%13.5%13.5%2.2%
Skew 25d0.9%-16.6%11.8%11.8%5.6%
Skew 10d13.1%-2.3%81.0%4.8%11.3%
Call IV 25d43.9%34.5%50.3%34.5%48.5%
Put IV 25d44.7%29.8%58.8%46.3%54.0%
Bid-Ask Spread %100.8687.35109.8196.63101.16
Gamma HHI0.790.280.990.970.28
Net GEX4.6K4109.3K8.3K410
Net DEX-67.8K-165.0K1.6K-165.0K1.6K
Net VEX-286-568-97-568-100
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.070.000.330.000.00
Total Volume6.9050100010
Total OI394.667373484377484

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-09-02$11.90$0.0033.3%12.9%35.2%3.8%0.0%11.8%13.5%8.3K-165.0K-5680.0096.63N/AN/A0034829
2014-09-03$11.36$0.0034.4%11.7%37.1%4.6%0.0%-3.4%9.6%6.8K-152.7K-5420.0090.16N/AN/A0034829
2014-09-04$11.43$0.0037.9%12.1%37.2%6.9%0.0%3.4%8.3%7.0K-145.8K-5500.0095.10N/AN/A0034829
2014-09-05$11.41$0.0035.9%13.0%37.1%5.5%0.0%-2.3%-1.1%7.2K-138.8K-5160.00103.35N/AN/A0034829
2014-09-08$11.08$0.0041.6%12.8%35.9%9.3%0.0%2.0%7.5%8.0K-87.9K-3890.0087.35N/AN/A5034829
2014-09-09$11.69$0.0036.9%13.0%41.2%6.2%0.0%10.2%4.1%9.3K-136.0K-4780.3388.97N/AN/A3134929
2014-09-10$11.45$0.0042.6%13.1%40.4%10.0%0.0%4.4%10.4%9.2K-107.1K-4280.00103.00N/AN/A0034930
2014-09-11$11.28$0.0041.6%12.8%40.7%9.3%0.0%-6.1%-3.4%7.4K-138.2K-4720.00100.60N/AN/A9034930
2014-09-12$11.39$0.0038.3%13.1%40.9%7.1%0.0%-10.8%-2.5%8.8K-142.9K-4770.0095.56N/AN/A0035030
2014-09-15$10.96$0.0045.0%13.0%41.2%11.6%0.0%-14.0%-17.1%6.1K-61.2K-2620.0091.93N/AN/A0035030
2014-09-16$10.88$0.0036.8%13.4%41.1%6.2%0.0%-10.3%-4.9%3.6K-32.2K-1430.00103.86N/AN/A0035030
2014-09-17$10.65$0.0037.8%13.4%41.6%6.8%0.0%-16.6%-20.0%3.6K-35.5K-1630.00102.17N/AN/A0535030
2014-09-18$10.77$0.0042.3%13.3%41.7%9.8%0.0%0.8%-8.6%3.3K-30.4K-1510.00107.32N/AN/A0035035
2014-09-19$10.60$0.0043.1%13.5%41.5%10.3%0.0%-0.9%-12.7%2.2K-23.7K-1220.00105.58N/AN/A0135035
2014-09-22$10.26$0.0046.6%13.4%42.5%12.6%0.0%6.5%-1.0%1.5K-16.6K-970.00106.32N/AN/A01134528
2014-09-23$10.12$0.0046.8%13.5%40.8%12.7%0.0%5.6%-3.8%1.1K-6.2K-1120.00106.55N/AN/A0034539
2014-09-24$10.08$0.0043.7%12.6%40.4%10.7%0.0%6.9%2.8%573-2.8K-980.00105.90N/AN/A0034539
2014-09-25$9.73$0.0047.0%13.6%41.6%12.9%0.0%8.0%-0.3%688-1.6K-1030.00107.27N/AN/A100034539
2014-09-26$9.62$0.0044.2%13.4%41.4%11.1%0.0%8.3%1.7%709-776-1200.00109.53N/AN/A0044539
2014-09-29$9.61$0.0043.7%13.4%38.5%10.7%0.0%9.5%3.2%50790-1180.00109.81N/AN/A0044539
2014-09-30$9.67$0.0040.5%12.9%35.6%8.6%0.0%5.6%2.2%4101.6K-1000.00101.16N/AN/A10044539