SNOW Options History — November 2020

In November 2020, SNOW traded between $233.86 and $329.47. ATM implied volatility averaged 79.0%, placing in the 71.5% IV rank vs the trailing year. The 30-day expected move averaged 22.7%. IV traded above realized volatility by 4.0% (HV 20d: 75.0%). Max pain ranged from $245.00 to $260.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.64.

Notable Days

  • 2020-11-25: Highest Volume — 60,265 contracts
  • 2020-11-27: Largest IV spike — 17.7% change
  • 2020-11-27: Highest IV Rank — 86.1%
  • 2020-11-27: Largest Expected Move — 30.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$263.69$233.86$329.47$252.00$319.50
Max Pain$249.75$245.00$260.00$245.00$260.00
ATM IV79.0%71.4%93.0%80.3%92.3%
Expected Move22.7%19.6%30.4%21.4%30.1%
HV 20d75.0%57.2%83.6%76.2%62.0%
HV 60d468.1%467.6%468.5%467.7%468.2%
IV Rank71.5%63.6%86.1%72.9%85.5%
IV Percentile88.8%82.1%97.2%92.1%96.0%
Term Structure-2.6%-4.2%-1.2%-1.2%-1.5%
VWIV79.8%69.3%107.7%76.0%106.3%
Skew 25d-4.0%-6.2%-0.4%-3.0%-1.9%
Skew 10d-7.7%-11.1%-3.3%-5.4%-6.6%
Call IV 25d82.2%73.9%100.6%86.9%89.8%
Put IV 25d78.1%68.3%95.1%83.9%87.8%
Bid-Ask Spread %25.3318.8742.7034.4827.07
Gamma HHI0.070.040.190.050.07
Net GEX3.4M-11.3M13.4M-1.1M7.7M
Net DEX-163.7M-801.1M189.5M-47.9M-476.6M
Net VEX-1.5M-1.8M-1.3M-1.4M-1.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.331.190.720.79
Total Volume23,263.3510,35360,26511,57920,015
Total OI69,854.854,33085,97959,91269,375

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$252.00$245.0080.3%21.4%76.2%72.9%76.0%-3.0%-1.2%-1.1M-47.9M-1.4M0.7234.48N/AN/A6,7384,84127,47632,436
2020-11-03$263.10$245.0082.0%20.6%77.3%74.7%73.4%-1.1%-2.4%2.0M-142.0M-1.3M0.6042.70N/AN/A6,4653,88827,47632,436
2020-11-04$262.90$245.0081.2%19.6%77.1%73.8%69.3%-0.4%-2.8%2.4M-146.8M-1.3M0.7342.37N/AN/A7,8045,69029,53435,533
2020-11-05$263.88$250.0078.6%22.1%76.1%71.2%77.1%-3.3%-1.9%3.4M-151.9M-1.3M0.6919.21N/AN/A9,3436,48630,78734,927
2020-11-06$263.93$250.0079.9%22.3%76.1%72.5%78.0%-3.8%-3.1%1.4M-149.6M-1.4M0.5020.04N/AN/A22,69011,39034,19539,515
2020-11-09$240.37$250.0080.0%22.3%83.5%72.6%78.7%-1.9%-1.3%-2.4M88.2M-1.3M0.4318.87N/AN/A21,6969,38634,70831,408
2020-11-10$235.52$250.0080.2%22.2%83.2%72.8%79.2%-4.8%-2.3%-3.5M145.3M-1.4M0.7520.36N/AN/A11,0398,23441,07934,337
2020-11-11$239.69$250.0076.4%21.4%83.0%68.8%75.5%-5.0%-1.5%-2.8M104.1M-1.4M0.7120.69N/AN/A7,3555,19942,86936,355
2020-11-12$233.86$250.0077.2%21.7%83.2%69.6%75.5%-6.2%-1.6%-5.8M178.6M-1.4M1.0220.57N/AN/A7,5957,71344,09637,948
2020-11-13$234.49$250.0074.7%21.1%83.1%67.0%74.6%-3.8%-1.5%-11.3M189.5M-1.4M1.1924.19N/AN/A6,8038,12645,82140,158
2020-11-16$241.31$245.0076.9%21.8%83.6%69.4%77.1%-3.7%-3.0%-924.1K-7.3M-1.4M0.4325.89N/AN/A15,1596,57231,41531,666
2020-11-17$246.21$245.0077.1%22.0%83.6%69.5%78.1%-4.6%-3.7%2.8M-73.2M-1.4M0.5524.29N/AN/A12,0606,61834,78633,260
2020-11-18$260.63$245.0077.0%22.1%82.0%69.4%77.6%-4.6%-2.3%7.8M-234.3M-1.5M0.4522.48N/AN/A21,9489,84635,79534,768
2020-11-19$263.85$250.0076.6%22.2%74.7%69.0%76.9%-4.9%-3.2%12.2M-305.9M-1.5M0.5623.57N/AN/A16,6419,24840,01335,715
2020-11-20$265.04$250.0074.4%21.7%64.7%66.7%76.2%-5.3%-3.8%13.4M-303.2M-1.5M0.4723.68N/AN/A17,2008,01341,44638,435
2020-11-23$272.29$250.0071.4%21.9%61.3%63.6%75.1%-5.6%-3.6%7.6M-250.4M-1.5M1.0923.09N/AN/A7,1917,86226,94427,386
2020-11-24$281.02$250.0071.5%21.8%57.2%63.7%76.1%-5.4%-4.2%12.6M-339.7M-1.6M0.5123.96N/AN/A12,4926,31229,20331,671
2020-11-25$304.76$255.0079.0%25.0%63.7%71.5%88.0%-5.7%-3.9%12.6M-550.0M-1.6M0.3824.11N/AN/A43,57416,69130,44034,484
2020-11-27$329.47$260.0093.0%30.4%68.0%86.1%107.7%-5.5%-3.0%9.9M-801.1M-1.7M0.3325.03N/AN/A37,18612,15837,18340,017
2020-11-30$319.50$260.0092.3%30.1%62.0%85.5%106.3%-1.9%-1.5%7.7M-476.6M-1.8M0.7927.07N/AN/A11,1758,84034,94034,435