SNOW Options History — July 2021

In July 2021, SNOW traded between $237.34 and $269.97. ATM implied volatility averaged 45.7%, placing in the 35.2% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 9.8% (HV 20d: 35.9%). Max pain ranged from $240.00 to $250.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.26.

Notable Days

  • 2021-07-09: Highest Volume — 286,649 contracts
  • 2021-07-26: Largest IV spike — 11.7% change
  • 2021-07-27: Highest IV Rank — 41.8%
  • 2021-07-19: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$257.16$237.34$269.97$237.34$265.42
Max Pain$249.05$240.00$250.00$240.00$250.00
ATM IV45.7%39.0%51.9%42.3%51.4%
Expected Move12.4%10.3%13.3%11.5%12.2%
HV 20d35.9%21.9%42.5%26.5%41.5%
HV 60d47.0%45.6%47.9%46.3%46.5%
IV Rank35.2%28.1%41.8%31.5%41.3%
IV Percentile17.6%9.1%32.5%11.5%31.7%
Term Structure1.2%-2.2%7.0%0.3%0.6%
VWIV44.8%37.7%47.1%41.4%44.0%
Skew 25d-2.1%-4.7%-0.2%-1.9%-0.2%
Skew 10d-3.7%-8.4%0.9%-3.5%0.9%
Call IV 25d48.1%40.6%54.4%44.2%52.5%
Put IV 25d46.0%39.5%53.4%42.2%52.3%
Bid-Ask Spread %13.439.7718.0611.7712.31
Gamma HHI0.070.040.150.040.10
Net GEX43.5M-4.5M81.8M-758.4K54.4M
Net DEX-828.7M-1.76B-139.7M-139.7M-990.9M
Net VEX-8.4M-8.9M-7.5M-7.8M-8.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.100.480.430.21
Total Volume75,590.1918,548286,64925,63048,582
Total OI268,590.19235,034321,492248,522289,882

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$237.34$240.0042.3%11.5%26.5%31.5%41.4%-1.9%0.3%-758.4K-139.7M-7.8M0.4311.77N/AN/A17,8877,743145,001103,521
2021-07-02$237.73$240.0039.0%10.3%26.0%28.1%37.7%-1.1%0.7%-4.5M-148.7M-7.7M0.479.77N/AN/A16,7247,864148,060105,496
2021-07-06$238.47$250.0041.2%12.0%21.9%30.4%44.3%-1.4%0.9%10.4M-206.3M-7.5M0.4816.51N/AN/A12,5176,031135,94099,094
2021-07-07$248.02$250.0043.7%12.2%26.5%33.0%43.6%-2.7%0.1%29.9M-592.8M-7.9M0.2618.06N/AN/A44,00411,283138,799101,735
2021-07-08$249.11$250.0043.6%12.3%26.0%32.9%44.9%-2.9%-0.3%49.4M-668.1M-8.0M0.1516.45N/AN/A95,50514,480148,356105,097
2021-07-09$268.74$250.0046.0%13.0%37.3%35.5%46.3%-4.6%-0.3%59.6M-1.76B-8.3M0.1712.05N/AN/A245,46541,184157,797106,676
2021-07-12$265.06$250.0045.5%12.8%34.7%34.9%45.7%-4.7%-0.6%60.1M-1.28B-8.5M0.2013.76N/AN/A75,32514,933158,204106,647
2021-07-13$265.62$250.0045.9%12.9%34.6%35.4%47.1%-3.8%-0.7%69.5M-1.33B-8.7M0.1115.06N/AN/A161,24617,237168,134111,418
2021-07-14$253.13$250.0045.3%12.6%39.1%34.7%45.2%-2.9%-2.2%29.1M-580.9M-8.4M0.2915.88N/AN/A64,94218,703178,408115,780
2021-07-15$250.42$250.0044.8%12.6%39.3%34.2%45.6%-2.8%-1.2%25.8M-460.1M-8.3M0.4613.29N/AN/A53,74824,522188,434117,833
2021-07-16$250.74$250.0043.7%12.3%38.1%33.1%45.2%-2.1%-1.5%22.7M-475.4M-8.4M0.4415.49N/AN/A26,32711,548196,778124,714
2021-07-19$251.68$250.0046.4%13.3%38.0%35.9%46.9%-0.8%4.7%21.3M-451.9M-8.4M0.2914.21N/AN/A28,5238,184148,041102,089
2021-07-20$258.15$250.0043.9%12.5%38.9%33.2%45.5%-1.6%5.0%39.3M-721.1M-8.5M0.2111.44N/AN/A33,9787,138151,009104,610
2021-07-21$259.66$250.0043.6%12.5%38.9%32.9%45.0%-2.0%5.0%46.4M-796.4M-8.5M0.1711.22N/AN/A45,5077,810154,782105,788
2021-07-22$267.52$250.0044.8%12.5%40.2%34.3%44.6%-2.0%6.1%81.8M-1.27B-8.8M0.1413.36N/AN/A94,66513,411165,098109,033
2021-07-23$264.63$250.0044.7%12.1%40.4%34.1%43.7%-1.8%7.0%74.2M-1.09B-8.8M0.1511.59N/AN/A70,91710,916174,565112,264
2021-07-26$268.93$250.0049.9%12.7%40.5%39.7%46.3%-1.7%-0.4%50.5M-1.15B-8.6M0.1813.00N/AN/A38,9586,990145,298103,438
2021-07-27$262.07$250.0051.9%13.1%41.6%41.8%47.1%-0.9%0.9%43.5M-854.7M-8.7M0.2813.06N/AN/A33,1539,251154,267105,742
2021-07-28$269.97$250.0051.8%12.7%42.5%41.8%45.7%-0.4%0.5%77.9M-1.30B-8.9M0.2211.31N/AN/A35,4347,818166,952109,175
2021-07-29$267.93$250.0050.9%12.2%42.0%40.8%44.0%-0.6%0.8%73.3M-1.14B-8.8M0.1012.53N/AN/A88,3768,565165,123111,316
2021-07-30$265.42$250.0051.4%12.2%41.5%41.3%44.0%-0.2%0.6%54.4M-990.9M-8.8M0.2112.31N/AN/A40,2258,357175,363114,519