SNOW Options History — September 2015

In September 2015, SNOW traded between $8.54 and $9.68. ATM implied volatility averaged 43.7%, placing in the 31.1% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 5.7% (HV 20d: 38.0%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.22.

Notable Days

  • 2015-09-09: Highest Volume — 189 contracts
  • 2015-09-09: Largest IV drop — 36.4% change
  • 2015-09-08: Highest IV Rank — 61.6%
  • 2015-09-30: Largest Expected Move — 15.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.09$8.54$9.68$8.86$8.66
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV43.7%36.4%60.8%45.6%54.5%
Expected Move11.6%9.4%15.6%13.1%15.6%
HV 20d38.0%21.0%44.3%25.3%42.5%
HV 60d31.8%26.2%34.5%26.2%32.6%
IV Rank31.1%18.1%61.6%34.6%50.5%
IV Percentile48.5%24.2%96.8%54.4%92.5%
Term Structure-6.3%-18.8%7.8%-13.0%-18.8%
VWIV41.6%33.3%52.2%33.3%50.2%
Skew 25d5.1%-0.1%10.8%8.6%1.5%
Skew 10d5.9%-1.0%12.0%12.0%3.0%
Call IV 25d42.6%33.7%52.0%46.5%52.0%
Put IV 25d47.8%36.0%56.6%55.1%53.5%
Bid-Ask Spread %108.47103.69112.75108.90108.87
Gamma HHI0.730.340.820.750.54
Net GEX2.1K-7334.0K2.1K-338
Net DEX11.5K-35.2K48.9K22.5K48.9K
Net VEX-393-519-243-419-243
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.221.211.231.231.21
Total Volume169.0950189185186
Total OI375.714374378374375

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-09-01$8.86$0.0045.6%13.1%25.3%34.6%0.0%8.6%-13.0%2.1K22.5K-4191.23108.90N/AN/A83102267107
2015-09-02$8.88$0.0045.4%13.0%25.0%34.2%0.0%8.6%-13.8%2.2K20.2K-4191.23109.34N/AN/A83102267107
2015-09-03$8.79$10.0047.4%9.4%24.4%37.7%33.3%2.0%7.8%1.8K27.2K-3871.23109.98N/AN/A83102267107
2015-09-04$8.64$10.0056.4%9.7%21.0%53.8%34.3%2.3%0.4%80840.9K-3331.23108.45N/AN/A83102267107
2015-09-08$8.80$10.0060.8%9.7%22.4%61.6%0.0%5.5%-10.5%1.3K45.1K-2950.00108.69N/AN/A00267107
2015-09-09$9.68$10.0038.6%11.1%41.4%22.1%40.1%3.3%-4.6%3.5K-35.2K-5191.22104.61N/AN/A85104267107
2015-09-10$9.55$10.0042.1%12.1%41.7%28.4%43.3%2.6%-8.4%3.0K-28.2K-5101.22105.19N/AN/A85104269109
2015-09-11$9.65$10.0036.4%10.4%41.2%18.1%38.1%4.9%1.1%4.0K-28.0K-5101.22109.66N/AN/A85104269109
2015-09-14$9.59$10.0040.6%11.7%41.3%25.7%42.3%4.2%-5.9%3.3K-24.3K-4891.22107.87N/AN/A85104269109
2015-09-15$9.43$10.0037.9%10.9%41.8%20.8%0.0%3.0%-13.4%2.7K-10.2K-4540.00108.06N/AN/A00269109
2015-09-16$9.66$10.0040.2%11.5%42.1%24.9%41.9%5.0%-7.1%3.5K-23.1K-4801.22107.61N/AN/A85104269109
2015-09-17$9.36$10.0038.0%10.9%43.9%20.9%42.3%2.0%-7.7%3.2K-13.9K-4551.22108.14N/AN/A85104269109
2015-09-18$9.25$10.0041.2%11.8%44.1%26.6%45.1%10.8%-4.3%2.8K-3.2K-4451.22112.75N/AN/A85104269109
2015-09-21$9.12$10.0037.3%10.7%44.3%19.7%38.4%9.4%-1.1%2.9K6.0K-4081.21109.48N/AN/A84102268107
2015-09-22$9.00$10.0038.3%11.0%43.3%21.6%38.8%8.8%-0.1%2.5K17.1K-3761.21103.69N/AN/A84102268107
2015-09-23$8.98$10.0037.4%10.7%43.3%19.9%38.6%7.1%-1.2%2.3K23.7K-3491.21109.34N/AN/A84102268107
2015-09-24$9.00$10.0036.9%10.6%41.9%19.1%38.5%7.7%-1.2%2.4K21.2K-3601.21108.95N/AN/A84102268107
2015-09-25$8.83$10.0042.4%12.1%42.2%28.8%42.1%6.8%-0.1%1.4K43.7K-2871.21108.97N/AN/A84102268107
2015-09-28$8.70$10.0050.4%14.5%42.3%43.2%47.5%3.9%-15.1%2342.3K-2751.21109.58N/AN/A84102268107
2015-09-29$8.54$10.0049.1%14.1%42.4%40.8%52.2%-0.1%-15.3%-73348.6K-2451.21109.70N/AN/A84102268107
2015-09-30$8.66$10.0054.5%15.6%42.5%50.5%50.2%1.5%-18.8%-33848.9K-2431.21108.87N/AN/A84102268107