SNOW Options History — August 2021

In August 2021, SNOW traded between $267.86 and $304.55. ATM implied volatility averaged 51.1%, placing in the 41.9% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 8.6% (HV 20d: 42.5%). Max pain ranged from $250.00 to $265.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.39.

Notable Days

  • 2021-08-03: Highest Volume — 209,318 contracts
  • 2021-08-26: Largest IV drop — 15.1% change
  • 2021-08-20: Highest IV Rank — 49.9%
  • 2021-08-20: Largest Expected Move — 16.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$282.80$267.86$304.55$268.47$300.71
Max Pain$254.77$250.00$265.00$250.00$265.00
ATM IV51.1%41.2%56.0%53.2%41.2%
Expected Move14.1%11.5%16.2%12.6%11.5%
HV 20d42.5%36.5%48.4%41.5%43.4%
HV 60d38.7%35.4%44.8%43.9%38.5%
IV Rank41.9%29.8%49.9%43.2%29.8%
IV Percentile28.2%1.6%39.7%34.9%1.6%
Term Structure-1.3%-2.7%0.4%-2.4%0.2%
VWIV50.8%41.3%58.1%45.8%41.9%
Skew 25d1.1%-1.5%4.0%-0.6%1.4%
Skew 10d4.0%-3.3%11.1%0.1%5.8%
Call IV 25d51.7%41.4%56.8%54.4%41.4%
Put IV 25d52.8%42.8%59.6%53.8%42.8%
Bid-Ask Spread %13.048.2325.1811.4913.53
Gamma HHI0.090.060.240.060.14
Net GEX58.1M19.5M120.9M42.0M64.1M
Net DEX-1.49B-2.25B-782.9M-1.07B-1.68B
Net VEX-8.8M-9.3M-8.3M-8.6M-9.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.111.030.200.40
Total Volume68,53520,498209,31839,79544,136
Total OI275,472.455213,444319,698253,395257,679

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$268.47$250.0053.2%12.6%41.5%43.2%45.8%-0.6%-2.4%42.0M-1.07B-8.6M0.2011.49N/AN/A33,2506,545147,029106,366
2021-08-03$284.68$250.0054.4%13.1%45.5%44.5%47.5%-1.5%-1.7%58.7M-1.76B-8.8M0.1113.18N/AN/A188,90120,417149,120107,331
2021-08-04$271.55$250.0054.4%12.9%48.1%44.5%47.3%-1.0%-1.8%58.5M-1.22B-8.7M0.2319.52N/AN/A71,41516,510156,935109,444
2021-08-05$277.12$250.0054.8%14.8%48.4%44.9%52.1%-0.6%-2.2%77.3M-1.51B-9.3M0.2016.63N/AN/A50,14510,114188,539117,127
2021-08-06$277.50$250.0052.7%14.3%40.6%42.7%50.4%-0.1%-2.7%78.7M-1.61B-9.3M0.1913.40N/AN/A43,2188,274196,875122,823
2021-08-09$279.92$250.0052.9%14.5%40.3%42.9%51.1%0.4%-1.6%68.6M-1.60B-9.2M0.2018.34N/AN/A37,2247,380174,388110,659
2021-08-10$274.95$250.0052.0%14.3%40.9%41.9%50.6%0.0%-1.7%60.6M-1.34B-9.0M0.2914.30N/AN/A27,2667,864175,098112,452
2021-08-11$275.86$250.0051.6%14.3%36.5%41.5%50.1%0.5%-2.0%63.6M-1.37B-9.0M0.3912.69N/AN/A15,0025,911179,721115,945
2021-08-12$286.30$250.0052.4%14.5%37.8%42.4%51.2%0.1%-2.5%96.3M-1.98B-9.2M0.1715.54N/AN/A81,02413,870181,869118,605
2021-08-13$290.84$250.0051.3%14.4%37.8%41.2%50.9%0.8%-1.7%120.9M-2.25B-9.0M0.1810.28N/AN/A64,18911,570182,092119,878
2021-08-16$282.43$250.0052.0%14.7%40.0%41.9%52.2%0.5%-0.8%55.1M-1.58B-8.7M0.408.23N/AN/A27,10710,755164,818114,006
2021-08-17$276.99$255.0052.8%15.1%40.3%42.8%56.8%1.4%-1.2%43.6M-1.29B-8.7M0.548.82N/AN/A16,8889,167166,673116,495
2021-08-18$282.18$255.0052.5%15.1%40.6%42.5%53.8%1.2%-1.1%56.1M-1.51B-8.7M0.388.56N/AN/A16,1256,145169,816119,375
2021-08-19$279.88$255.0054.1%15.6%39.7%44.2%58.1%2.1%-1.0%47.3M-1.39B-8.7M0.519.67N/AN/A13,6106,888170,723123,668
2021-08-20$267.86$260.0056.0%16.2%42.7%49.9%57.4%4.0%-1.8%19.5M-792.5M-8.3M0.4011.55N/AN/A114,21646,118170,076125,674
2021-08-23$275.71$260.0053.6%15.8%43.6%47.1%57.5%3.7%-1.4%24.2M-782.9M-8.3M0.5411.14N/AN/A23,97913,028120,86492,580
2021-08-24$282.17$260.0053.0%15.7%43.0%46.4%56.4%3.0%-1.8%36.6M-1.23B-8.7M0.759.49N/AN/A19,97514,933136,658101,039
2021-08-25$285.85$260.0051.7%15.3%42.1%44.9%56.5%3.8%-0.7%39.4M-1.34B-8.7M1.0325.18N/AN/A35,52336,750139,952106,002
2021-08-26$304.55$260.0043.9%12.4%47.0%35.8%45.9%1.4%-0.4%59.7M-2.13B-8.5M0.4310.81N/AN/A142,37861,083143,993112,988
2021-08-27$297.96$260.0041.8%11.6%47.7%33.4%41.3%1.3%0.4%59.0M-1.95B-8.7M0.4312.61N/AN/A57,36224,531156,853133,285
2021-08-30$298.09$265.0041.8%11.8%47.7%33.4%42.1%1.7%0.2%48.9M-1.45B-8.7M0.5611.95N/AN/A30,05316,931135,065109,816
2021-08-31$300.71$265.0041.2%11.5%43.4%29.8%41.9%1.4%0.2%64.1M-1.68B-9.0M0.4013.53N/AN/A31,45812,678144,478113,201