SNOW Options History — December 2021

In December 2021, SNOW traded between $315.57 and $370.12. ATM implied volatility averaged 52.4%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded below realized volatility by 28.6% (HV 20d: 81.0%). Max pain ranged from $300.00 to $340.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.82.

Notable Days

  • 2021-12-02: Highest Volume — 168,048 contracts
  • 2021-12-02: Largest IV drop — 15.8% change
  • 2021-12-01: Highest IV Rank — 49.3%
  • 2021-12-01: Largest Expected Move — 22.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$348.06$315.57$370.12$315.57$342.10
Max Pain$307.73$300.00$340.00$340.00$310.00
ATM IV52.4%45.6%66.0%66.0%46.2%
Expected Move15.1%12.6%22.3%22.3%12.7%
HV 20d81.0%60.1%89.6%61.2%60.1%
HV 60d55.3%43.7%59.4%43.7%58.0%
IV Rank30.1%19.4%49.3%49.3%20.4%
IV Percentile50.1%31.0%72.6%72.6%32.5%
Term Structure-0.0%-1.9%1.2%-1.1%1.0%
VWIV54.4%44.8%80.8%80.8%44.8%
Skew 25d3.5%-1.9%5.5%-1.9%2.1%
Skew 10d8.0%4.2%11.7%4.2%4.3%
Call IV 25d52.0%44.5%69.9%69.9%45.7%
Put IV 25d55.4%47.6%68.0%68.0%47.9%
Bid-Ask Spread %35.7121.3645.2341.8345.23
Gamma HHI0.070.030.510.030.04
Net GEX27.9M-6.2M118.7M4.4M16.1M
Net DEX-914.8M-1.60B-78.8M-132.5M-655.0M
Net VEX-7.6M-8.5M-2.5M-7.6M-7.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.351.520.700.35
Total Volume47,147.36420,890168,04888,90138,656
Total OI229,290.182195,458278,396221,014206,017

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$315.57$340.0066.0%22.3%61.2%49.3%80.8%-1.9%-1.1%4.4M-132.5M-7.6M0.7041.83N/AN/A52,14636,755115,159105,855
2021-12-02$359.35$340.0055.6%17.5%77.9%32.4%66.5%2.3%-0.9%47.2M-1.52B-8.4M0.9837.36N/AN/A84,93283,116137,093119,187
2021-12-03$343.30$340.0061.5%19.5%79.6%42.0%70.0%3.7%-0.8%118.7M-712.6M-2.5M1.2938.10N/AN/A30,70639,519144,968133,428
2021-12-06$341.78$300.0057.0%16.1%79.0%34.8%57.6%4.7%0.2%15.2M-723.1M-8.4M1.5221.36N/AN/A12,76819,368119,502113,781
2021-12-07$362.99$300.0052.5%14.9%81.9%27.4%53.3%4.0%1.2%35.9M-1.39B-8.5M0.6125.22N/AN/A30,68218,775121,991116,482
2021-12-08$370.12$300.0051.0%14.4%82.1%25.0%52.8%2.7%-0.6%44.1M-1.60B-8.4M0.6527.51N/AN/A21,36313,781125,769119,665
2021-12-09$363.05$300.0050.5%14.4%81.0%24.7%51.5%3.4%0.2%35.9M-1.35B-8.3M0.9429.60N/AN/A17,16016,134127,136120,037
2021-12-10$370.00$300.0047.9%13.7%81.0%20.5%49.2%3.5%0.5%53.2M-1.58B-8.2M0.6430.99N/AN/A30,59219,495127,486120,782
2021-12-13$354.58$300.0051.2%14.3%80.5%28.1%50.8%2.3%-1.0%27.6M-1.06B-7.9M0.4529.97N/AN/A46,48120,877118,989114,249
2021-12-14$350.43$300.0053.1%14.9%80.0%33.8%54.1%2.9%-1.2%25.9M-967.3M-7.9M1.2938.62N/AN/A15,08719,496126,000116,703
2021-12-15$358.62$300.0052.8%14.9%80.1%33.2%54.3%3.2%-0.8%35.0M-1.20B-8.0M1.0036.16N/AN/A13,31713,366126,965119,662
2021-12-16$321.17$300.0059.8%16.9%88.3%46.6%58.6%4.1%-0.8%-6.2M-78.8M-7.6M0.8333.15N/AN/A45,68837,796126,941121,421
2021-12-17$332.26$300.0055.3%15.5%89.6%38.1%56.6%4.3%-1.9%9.9M-476.4M-8.0M0.7831.13N/AN/A23,85618,717138,845127,782
2021-12-20$331.09$300.0056.2%16.0%89.6%39.8%56.9%4.8%0.1%6.6M-482.7M-7.8M1.0034.32N/AN/A13,29213,293100,29896,496
2021-12-21$351.79$300.0051.1%14.6%88.4%29.9%52.6%5.5%1.2%21.8M-997.4M-8.0M0.6838.22N/AN/A24,29516,627103,169101,479
2021-12-22$356.77$305.0050.2%14.4%86.3%28.3%52.3%4.6%0.2%29.4M-1.13B-8.0M1.0536.31N/AN/A12,35312,922104,934103,402
2021-12-23$353.02$305.0047.6%13.6%85.5%23.2%48.2%4.8%0.5%21.4M-997.7M-7.8M0.7938.87N/AN/A12,4509,858105,885104,441
2021-12-27$352.01$305.0048.1%13.7%85.2%24.2%49.1%5.4%1.0%20.5M-955.2M-7.6M1.0544.08N/AN/A10,16610,72498,50996,949
2021-12-28$343.41$305.0046.1%12.8%85.5%20.4%44.9%3.9%0.9%15.0M-733.6M-7.4M0.5841.31N/AN/A15,6779,088102,487101,036
2021-12-29$343.50$310.0046.8%13.1%82.2%21.7%45.9%3.2%1.0%17.5M-735.0M-7.3M0.4343.34N/AN/A22,0209,490104,821100,290
2021-12-30$340.30$310.0045.6%12.6%76.3%19.4%46.6%3.1%0.2%19.5M-647.1M-7.2M0.4543.04N/AN/A16,8087,550107,065101,228
2021-12-31$342.10$310.0046.2%12.7%60.1%20.4%44.8%2.1%1.0%16.1M-655.0M-7.1M0.3545.23N/AN/A28,7399,917104,419101,598