SNOW Options History — February 2015

In February 2015, SNOW traded between $9.42 and $10.25. ATM implied volatility averaged 48.8%, placing in the 14.7% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded above realized volatility by 22.1% (HV 20d: 26.7%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.24.

Notable Days

  • 2015-02-23: Highest Volume — 229 contracts
  • 2015-02-27: Largest IV drop — 22.7% change
  • 2015-02-27: Highest IV Rank — 19.1%
  • 2015-02-04: Largest Expected Move — 15.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.87$9.42$10.25$10.01$9.45
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV48.8%37.3%55.2%53.6%37.3%
Expected Move13.9%10.7%15.8%15.4%10.7%
HV 20d26.7%21.1%33.0%31.2%22.2%
HV 60d28.3%27.8%28.5%27.8%28.2%
IV Rank14.7%8.9%19.1%17.2%19.1%
IV Percentile74.3%18.3%94.5%93.6%18.3%
Term Structure-3.9%-10.6%5.1%-5.0%5.1%
VWIV49.6%40.1%55.2%53.6%40.1%
Skew 25d5.5%1.6%8.8%5.9%8.8%
Skew 10d8.1%1.2%14.4%10.0%2.7%
Call IV 25d47.1%39.6%56.5%55.7%43.5%
Put IV 25d52.6%45.0%63.5%61.6%52.3%
Bid-Ask Spread %101.5485.53107.04103.26105.43
Gamma HHI0.490.480.510.480.50
Net GEX6.2K5.5K6.9K6.0K5.5K
Net DEX-197.8K-247.9K-142.5K-214.5K-142.5K
Net VEX-1.5K-1.7K-1.4K-1.6K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.000.310.310.21
Total Volume184022910205
Total OI742.579734755736751

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-02-02$10.01$10.0053.6%15.4%31.2%17.2%53.6%5.9%-5.0%6.0K-214.5K-1.6K0.00103.26N/AN/A010611125
2015-02-03$10.25$10.0055.0%15.8%32.9%18.1%55.0%1.6%-6.0%6.5K-234.9K-1.7K0.31101.30N/AN/A16350611125
2015-02-04$10.22$10.0055.2%15.8%33.0%18.3%55.2%7.0%-4.8%6.8K-242.6K-1.6K0.3185.53N/AN/A16350611125
2015-02-05$10.24$0.0049.1%13.2%32.7%14.2%0.0%8.4%-3.8%5.9K-247.9K-1.7K0.3187.49N/AN/A16350613125
2015-02-06$10.10$0.0048.8%13.7%32.2%14.0%0.0%6.5%-6.6%6.5K-226.8K-1.6K0.31102.32N/AN/A16350613125
2015-02-09$9.87$0.0049.7%13.2%32.8%14.7%0.0%5.4%-7.7%6.4K-199.0K-1.5K0.30100.61N/AN/A16450613125
2015-02-10$9.83$0.0046.3%14.3%32.4%12.4%0.0%3.7%-4.4%5.8K-200.8K-1.6K0.3095.61N/AN/A16450609125
2015-02-11$9.81$0.0048.4%13.9%31.6%13.8%0.0%2.9%-7.7%6.0K-203.8K-1.5K0.30102.23N/AN/A16450609125
2015-02-12$9.90$0.0046.0%13.2%22.4%12.2%0.0%5.4%-3.9%6.5K-194.1K-1.5K0.30104.85N/AN/A16550609125
2015-02-13$9.84$0.0050.8%14.6%22.2%15.4%0.0%5.5%-1.5%6.4K-188.1K-1.5K0.26103.18N/AN/A17145610125
2015-02-17$10.08$0.0048.1%13.8%23.7%13.6%0.0%7.0%0.1%6.3K-217.3K-1.5K0.26103.11N/AN/A17145610135
2015-02-18$10.11$0.0050.9%14.6%22.9%15.4%0.0%8.6%-2.4%6.1K-216.2K-1.6K0.26104.47N/AN/A17145610145
2015-02-19$9.91$0.0051.2%14.7%23.3%15.7%51.2%7.3%-10.6%6.8K-205.8K-1.5K0.00103.59N/AN/A80610135
2015-02-20$9.90$10.0048.8%14.0%22.3%14.1%0.0%6.4%-3.7%6.9K-216.4K-1.5K0.00103.44N/AN/A00618135
2015-02-23$9.70$10.0051.2%14.7%21.1%15.6%51.2%5.3%-3.2%6.1K-150.4K-1.4K0.18103.54N/AN/A19435613135
2015-02-24$9.42$10.0047.6%13.7%22.8%13.3%47.8%1.8%-3.0%6.0K-151.8K-1.4K0.18106.35N/AN/A19435616135
2015-02-25$9.45$10.0040.9%11.7%22.9%8.9%44.4%2.2%-4.4%6.1K-145.1K-1.4K0.18105.94N/AN/A19435616135
2015-02-26$9.50$10.0048.2%13.8%22.4%13.7%48.1%5.0%-0.6%6.0K-159.5K-1.4K0.18107.04N/AN/A19435616135
2015-02-27$9.45$10.0037.3%10.7%22.2%19.1%40.1%8.8%5.1%5.5K-142.5K-1.4K0.21105.43N/AN/A17035616135