SNOW Options History — December 2020

In December 2020, SNOW traded between $281.96 and $392.24. ATM implied volatility averaged 80.5%, placing in the 73.1% IV rank vs the trailing year. The 30-day expected move averaged 23.4%. IV traded below realized volatility by 10.2% (HV 20d: 90.8%). Max pain ranged from $260.00 to $375.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.68.

Notable Days

  • 2020-12-04: Highest Volume — 304,566 contracts
  • 2020-12-04: Largest IV spike — 19.9% change
  • 2020-12-08: Highest IV Rank — 90.6%
  • 2020-12-02: Largest Expected Move — 28.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$335.83$281.96$392.24$306.65$281.96
Max Pain$335.23$260.00$375.00$260.00$340.00
ATM IV80.5%66.3%97.3%83.7%69.6%
Expected Move23.4%19.6%28.5%28.2%20.4%
HV 20d90.8%64.8%97.8%64.8%93.0%
HV 60d273.9%77.2%470.7%468.5%78.7%
IV Rank73.1%58.3%90.6%76.5%61.7%
IV Percentile85.0%70.6%98.4%93.3%72.6%
Term Structure-0.9%-3.5%2.0%1.6%1.1%
VWIV83.1%70.1%100.7%100.7%72.7%
Skew 25d-5.3%-8.5%-1.5%-6.2%-1.5%
Skew 10d-7.5%-12.8%0.6%-9.1%-3.1%
Call IV 25d84.5%69.0%101.9%87.2%70.7%
Put IV 25d79.2%65.2%95.8%81.0%69.1%
Bid-Ask Spread %25.8817.5042.2625.7727.53
Gamma HHI0.060.030.150.050.13
Net GEX2.6M-24.0M45.8M5.1M-24.0M
Net DEX-332.3M-1.64B565.4M-358.9M565.4M
Net VEX-3.5M-4.2M-1.9M-1.9M-3.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.321.200.861.20
Total Volume81,509.517,037304,56617,03763,777
Total OI144,397.63676,568186,78376,568155,540

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-12-01$306.65$260.0083.7%28.2%64.8%76.5%100.7%-6.2%1.6%5.1M-358.9M-1.9M0.8625.77N/AN/A9,1597,87837,62638,942
2020-12-02$290.82$265.0083.3%28.5%67.2%76.0%99.9%-2.2%-1.0%1.8M-207.5M-2.0M1.0029.36N/AN/A27,23527,29940,72642,263
2020-12-03$337.53$290.0076.0%21.3%84.3%68.4%75.0%-4.3%-1.5%19.8M-833.5M-2.0M0.6829.62N/AN/A84,40757,31654,40756,157
2020-12-04$385.37$305.0091.1%24.3%94.4%84.2%87.1%-6.4%-3.5%45.8M-1.64B-2.2M0.5630.66N/AN/A195,770108,79666,85367,647
2020-12-07$389.41$325.0087.2%24.2%94.2%80.1%85.2%-6.1%-3.5%15.8M-1.03B-2.9M0.7021.62N/AN/A48,66234,03755,01060,049
2020-12-08$392.24$340.0097.3%26.9%84.4%90.6%94.6%-6.8%-2.7%17.0M-1.06B-3.2M0.6322.83N/AN/A101,19863,96563,93769,794
2020-12-09$370.01$370.0096.3%26.5%88.1%89.6%93.7%-3.5%-3.3%4.5M-553.4M-3.8M0.8820.30N/AN/A55,21948,35883,38084,378
2020-12-10$373.84$370.0095.7%26.8%88.2%89.0%94.3%-2.8%-2.9%12.4M-688.1M-4.0M0.4217.50N/AN/A55,15623,23691,59289,502
2020-12-11$358.50$375.0091.2%25.8%89.6%84.3%91.5%-8.2%-2.0%-10.7M-276.5M-3.8M0.6718.79N/AN/A62,13741,49494,06191,108
2020-12-14$330.96$370.0084.0%24.0%96.4%76.8%86.5%-7.2%-2.4%-7.1M-503.4K-3.6M0.8925.04N/AN/A37,93133,62963,29774,092
2020-12-15$324.24$350.0080.2%22.9%97.2%72.8%81.5%-8.5%-0.8%-10.5M83.8M-3.7M0.6019.63N/AN/A69,81841,99469,88782,932
2020-12-16$330.01$350.0081.6%23.4%97.2%74.2%84.3%-7.5%-0.6%3.4M-283.7M-4.0M0.3822.03N/AN/A47,25118,17386,19088,006
2020-12-17$325.79$345.0078.8%22.7%96.3%71.3%80.4%-6.6%-1.2%5.3M-180.5M-4.0M0.5822.75N/AN/A24,75414,42792,26490,109
2020-12-18$331.49$340.0079.8%22.9%96.4%72.4%82.4%-7.4%-0.3%3.4M-322.1M-4.1M0.3222.03N/AN/A65,49920,74094,38892,395
2020-12-21$347.43$340.0078.9%23.0%97.1%71.4%81.4%-7.0%-0.5%13.6M-533.8M-4.2M0.4824.45N/AN/A39,25618,90167,33267,366
2020-12-22$341.91$340.0073.2%21.4%97.5%65.5%76.7%-6.2%0.1%12.1M-423.4M-4.2M0.4725.10N/AN/A35,83316,70274,17372,177
2020-12-23$335.62$340.0070.6%20.5%97.8%62.8%73.3%-5.3%0.4%1.8M-229.1M-4.1M0.6125.04N/AN/A17,62810,80274,12075,084
2020-12-24$323.98$340.0068.3%19.7%95.1%60.4%70.1%-3.2%2.0%-14.2M22.8M-4.0M0.8826.79N/AN/A15,11413,24075,45077,541
2020-12-28$304.86$340.0066.3%19.6%93.3%58.3%70.8%-3.9%0.6%-13.8M247.4M-3.6M0.7140.68N/AN/A32,84223,32056,76967,989
2020-12-29$303.55$340.0068.7%20.7%92.8%60.8%73.4%-3.6%0.2%-11.8M190.3M-4.0M0.6842.26N/AN/A30,32220,49767,05173,382
2020-12-30$302.07$340.0069.5%20.6%91.7%61.6%73.3%-2.5%-0.2%-12.9M206.1M-4.0M0.8729.48N/AN/A15,73913,69874,50077,282
2020-12-31$281.96$340.0069.6%20.4%93.0%61.7%72.7%-1.5%1.1%-24.0M565.4M-3.8M1.2027.53N/AN/A29,04434,73376,89478,646