SNOW Options History — April 2021

In April 2021, SNOW traded between $223.95 and $238.94. ATM implied volatility averaged 48.5%, placing in the 39.7% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded below realized volatility by 0.9% (HV 20d: 49.4%). Max pain ranged from $237.50 to $270.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.39.

Notable Days

  • 2021-04-14: Highest Volume — 84,150 contracts
  • 2021-04-15: Largest IV drop — 7.8% change
  • 2021-04-30: Highest IV Rank — 44.4%
  • 2021-04-01: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$233.35$223.95$238.94$236.57$231.98
Max Pain$259.40$237.50$270.00$237.50$250.00
ATM IV48.5%45.1%53.0%50.3%53.0%
Expected Move13.4%12.5%14.5%14.5%12.9%
HV 20d49.4%37.3%72.6%72.6%37.3%
HV 60d57.1%54.5%62.2%62.2%54.5%
IV Rank39.7%36.2%44.4%41.6%44.4%
IV Percentile32.7%28.6%40.5%35.7%40.5%
Term Structure1.5%-2.9%6.6%0.1%5.3%
VWIV49.3%45.9%53.2%51.8%46.1%
Skew 25d-3.3%-6.0%-0.0%-2.0%-3.3%
Skew 10d-8.4%-14.6%-1.8%-3.9%-7.5%
Call IV 25d51.1%45.9%54.5%52.6%52.9%
Put IV 25d47.9%45.0%51.0%50.6%49.6%
Bid-Ask Spread %24.4217.2539.2039.2033.96
Gamma HHI0.060.040.150.060.04
Net GEX16.5M-3.3M41.2M19.7M6.1M
Net DEX-30.9M-253.5M249.0M-225.0M96.7M
Net VEX-6.8M-7.3M-6.2M-6.9M-7.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.150.680.190.59
Total Volume38,492.57110,37984,15054,13243,949
Total OI248,596.143220,419283,454251,323265,889

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$236.57$237.5050.3%14.5%72.6%41.6%51.8%-2.0%0.1%19.7M-225.0M-6.9M0.1939.20N/AN/A45,3138,819140,538110,785
2021-04-05$232.66$270.0049.9%14.1%71.6%41.2%53.0%-2.4%0.9%13.6M-14.6M-6.6M0.4218.97N/AN/A7,2853,094126,743104,564
2021-04-06$236.81$270.0048.6%13.6%57.5%39.8%49.6%-0.8%0.4%22.9M-118.4M-6.6M0.2217.53N/AN/A23,4745,127131,102106,631
2021-04-07$234.32$270.0048.3%13.3%51.0%39.6%49.7%-1.4%-1.7%20.6M-13.1M-6.4M0.2325.73N/AN/A26,0636,057136,138108,166
2021-04-08$235.59$270.0048.3%13.2%50.6%39.6%47.9%-0.0%-2.9%28.5M-96.9M-6.6M0.1520.43N/AN/A62,5919,093142,055109,631
2021-04-09$226.60$265.0045.4%12.9%50.0%36.5%46.7%-0.3%-0.0%-2.2M249.0M-6.2M0.6620.49N/AN/A34,45022,867150,010112,629
2021-04-12$233.08$265.0047.6%13.4%49.7%38.8%48.7%-1.4%-1.6%19.2M-29.7M-6.4M0.3518.70N/AN/A29,21310,337140,450107,253
2021-04-13$238.94$265.0047.5%13.3%49.2%38.8%48.6%-3.0%-1.6%34.4M-253.5M-6.9M0.2317.25N/AN/A50,66411,739146,171110,797
2021-04-14$228.92$260.0050.7%14.0%51.2%42.1%51.7%-4.7%-2.2%15.7M89.6M-6.6M0.1521.07N/AN/A73,03311,117153,707111,710
2021-04-15$236.11$260.0046.8%13.2%52.0%37.9%49.2%-6.0%-1.5%41.2M-197.3M-7.1M0.5023.65N/AN/A21,72210,777165,799114,977
2021-04-16$233.04$260.0045.1%13.1%48.4%36.2%47.0%-5.7%1.0%10.1M-30.3M-6.9M0.6823.74N/AN/A19,62813,337165,573117,881
2021-04-19$229.16$260.0047.8%13.7%48.7%39.0%50.9%-4.6%2.1%11.9M48.8M-6.8M0.3822.95N/AN/A21,4848,264127,36493,055
2021-04-20$223.95$260.0050.1%14.3%49.5%41.4%53.2%-4.4%3.2%4.4M202.8M-6.7M0.5021.04N/AN/A17,0338,552135,20397,306
2021-04-21$231.67$255.0048.1%13.8%50.7%39.3%51.8%-4.0%1.9%14.8M-3.9M-6.9M0.3522.11N/AN/A14,1844,976136,778100,304
2021-04-22$231.48$255.0050.0%14.2%47.4%41.3%52.3%-5.2%1.4%14.7M-4.7M-6.9M0.4525.32N/AN/A25,62011,509139,434101,846
2021-04-23$235.03$255.0046.9%13.1%46.3%38.0%49.1%-4.9%3.3%28.2M-115.3M-7.1M0.5823.74N/AN/A13,4427,762143,853103,363
2021-04-26$238.59$255.0047.1%12.8%40.2%38.3%48.0%-4.1%6.6%12.8M-158.0M-7.0M0.3121.75N/AN/A26,5918,151129,79197,398
2021-04-27$238.92$255.0048.7%13.0%37.6%39.9%46.8%-3.4%5.8%17.5M-186.0M-7.1M0.4129.92N/AN/A21,9118,963137,263100,494
2021-04-28$237.72$255.0047.9%12.5%37.6%39.2%45.9%-3.9%5.3%14.7M-99.7M-7.2M0.3730.46N/AN/A12,1404,456141,743105,775
2021-04-29$229.26$255.0049.7%13.0%38.6%41.0%46.9%-3.2%5.3%-3.3M211.1M-6.9M0.5334.84N/AN/A28,39015,167143,101107,249
2021-04-30$231.98$250.0053.0%12.9%37.3%44.4%46.1%-3.3%5.3%6.1M96.7M-7.3M0.5933.96N/AN/A27,64416,305151,706114,183