SNOW Options History — May 2021

In May 2021, SNOW traded between $188.76 and $243.42. ATM implied volatility averaged 61.9%, placing in the 53.7% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded above realized volatility by 4.5% (HV 20d: 57.4%). Max pain ranged from $225.00 to $250.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.66.

Notable Days

  • 2021-05-27: Highest Volume — 169,351 contracts
  • 2021-05-27: Largest IV drop — 14.4% change
  • 2021-05-12: Highest IV Rank — 62.6%
  • 2021-05-19: Largest Expected Move — 19.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$217.86$188.76$243.42$224.43$238.90
Max Pain$233.00$225.00$250.00$250.00$230.00
ATM IV61.9%46.9%70.5%60.5%46.9%
Expected Move17.1%13.4%19.9%13.4%13.4%
HV 20d57.4%38.7%67.8%38.7%67.7%
HV 60d59.7%54.9%63.2%54.9%60.3%
IV Rank53.7%38.0%62.6%52.2%38.0%
IV Percentile47.2%19.8%61.1%48.8%19.8%
Term Structure-2.1%-3.8%-0.1%-1.9%-0.1%
VWIV61.3%48.7%70.0%48.7%48.9%
Skew 25d-0.1%-4.0%2.8%-4.0%-3.5%
Skew 10d0.4%-7.7%5.6%-7.7%-6.1%
Call IV 25d63.6%49.9%71.6%62.3%49.9%
Put IV 25d63.5%46.4%74.3%58.3%46.4%
Bid-Ask Spread %13.467.1234.7531.2410.55
Gamma HHI0.050.040.120.050.12
Net GEX4.4M-18.9M49.9M-6.7M49.9M
Net DEX209.2M-822.1M1.06B350.9M-723.2M
Net VEX-7.2M-8.0M-6.1M-7.1M-7.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.261.170.580.33
Total Volume53,643.9517,351169,35127,32285,106
Total OI286,865.15233,206318,304256,619297,698

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$224.43$250.0060.5%13.4%38.7%52.2%48.7%-4.0%-1.9%-6.7M350.9M-7.1M0.5831.24N/AN/A17,3349,988141,782114,837
2021-05-04$217.26$250.0059.9%14.5%39.4%51.6%52.8%-3.3%-0.6%-11.8M574.3M-6.9M0.5034.75N/AN/A22,31711,229146,917119,900
2021-05-05$212.83$250.0057.9%13.6%39.8%49.5%49.2%-3.4%-2.0%-18.9M719.4M-6.9M0.8031.74N/AN/A9,6257,726156,425123,241
2021-05-06$198.44$235.0065.0%17.7%45.8%57.0%63.2%0.4%-1.9%-17.0M1.06B-6.3M1.058.47N/AN/A33,32234,966157,884125,729
2021-05-07$205.74$230.0060.9%16.6%46.9%52.7%59.1%-0.8%-2.6%-12.8M783.0M-6.9M1.178.52N/AN/A26,08130,553169,059133,354
2021-05-10$193.85$230.0065.4%17.8%49.0%57.3%64.4%1.7%-2.6%-13.7M1.02B-6.1M1.048.32N/AN/A20,08420,850155,897126,730
2021-05-11$202.54$230.0063.6%17.2%51.2%55.5%62.2%2.2%-3.8%-9.7M791.6M-6.8M0.769.40N/AN/A24,42318,611164,429134,223
2021-05-12$191.90$230.0070.5%19.4%52.3%62.6%69.9%2.8%-2.5%-10.5M1.01B-6.3M0.818.91N/AN/A15,14812,331167,713133,414
2021-05-13$188.76$230.0068.6%19.0%50.2%60.7%68.0%2.4%-2.4%-10.2M1.05B-6.2M0.947.57N/AN/A14,98914,103174,646134,417
2021-05-14$209.74$230.0065.9%18.3%65.0%57.8%64.8%-1.2%-3.6%7.1M376.2M-7.4M0.377.12N/AN/A63,20423,395178,715136,066
2021-05-17$213.15$225.0066.9%19.0%65.3%59.0%68.7%0.4%-2.9%1.8M303.4M-7.6M0.2612.21N/AN/A37,9869,816171,195128,765
2021-05-18$224.78$230.0065.7%18.7%67.8%57.7%68.3%-0.9%-2.4%10.8M-141.1M-8.0M0.3711.18N/AN/A55,73820,655175,366131,000
2021-05-19$227.10$230.0069.4%19.9%66.8%61.5%70.0%1.2%-2.9%10.2M-191.4M-8.0M0.5411.93N/AN/A31,52017,053173,933134,720
2021-05-20$230.93$230.0066.5%19.2%67.1%58.5%68.0%0.8%-3.3%13.5M-327.9M-8.0M0.3711.86N/AN/A38,32914,228176,756137,025
2021-05-21$233.65$230.0062.6%18.2%67.0%54.4%64.5%2.2%-2.4%22.0M-426.9M-7.9M0.6610.82N/AN/A24,55816,276179,141139,163
2021-05-24$234.78$230.0059.0%17.5%66.8%50.7%63.0%0.9%-1.2%13.9M-481.1M-7.7M0.709.34N/AN/A16,77411,728132,020101,186
2021-05-25$229.96$230.0057.9%17.2%67.2%49.6%61.2%0.7%-2.5%10.5M-286.2M-7.5M0.909.99N/AN/A14,83713,327134,591105,365
2021-05-26$235.13$230.0056.9%17.1%67.7%48.5%60.8%0.6%-0.7%16.2M-459.7M-7.7M0.5912.57N/AN/A41,18024,138139,594109,251
2021-05-27$243.42$230.0048.7%14.3%67.4%39.9%51.2%-1.4%-0.5%43.1M-822.1M-7.8M0.5012.62N/AN/A113,04856,303155,043120,113
2021-05-28$238.90$230.0046.9%13.4%67.7%38.0%48.9%-3.5%-0.1%49.9M-723.2M-7.9M0.3310.55N/AN/A63,87421,232170,046127,652