SNOW Options History — July 2022

In July 2022, SNOW traded between $130.21 and $160.13. ATM implied volatility averaged 74.4%, placing in the 49.2% IV rank vs the trailing year. The 30-day expected move averaged 20.2%. IV traded above realized volatility by 0.3% (HV 20d: 74.0%). Max pain ranged from $135.00 to $149.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.82.

Notable Days

2022-07-22: Highest Volume — 59,117 contracts
2022-07-25: Largest IV spike — 13.0% change
2022-07-26: Highest IV Rank — 66.2%
2022-07-26: Largest Expected Move — 22.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$148.63	$130.21	$160.13	$144.59	$149.25
Max Pain	$142.70	$135.00	$149.00	$135.00	$145.00
ATM IV	74.4%	68.1%	87.8%	72.6%	79.4%
Expected Move	20.2%	18.5%	22.4%	20.3%	18.5%
HV 20d	74.0%	61.7%	83.9%	83.9%	73.9%
HV 60d	85.9%	84.1%	87.3%	85.6%	87.3%
IV Rank	49.2%	41.2%	66.2%	46.9%	55.6%
IV Percentile	73.7%	62.3%	92.5%	70.6%	83.3%
Term Structure	1.7%	-2.0%	9.0%	0.7%	-2.0%
VWIV	71.2%	65.5%	78.8%	72.5%	65.5%
Skew 25d	8.5%	7.3%	10.3%	9.5%	9.1%
Skew 10d	16.1%	14.2%	19.3%	17.3%	18.9%
Call IV 25d	70.2%	62.9%	84.0%	68.0%	74.3%
Put IV 25d	78.7%	71.0%	93.1%	77.5%	83.5%
Bid-Ask Spread %	54.80	13.06	66.80	29.79	37.43
Gamma HHI	0.07	0.04	0.25	0.13	0.25
Net GEX	4.2M	-7.6M	15.6M	11.2M	15.6M
Net DEX	22.4M	-345.5M	459.1M	-21.2M	61.5M
Net VEX	-4.4M	-4.7M	-4.0M	-4.3M	-4.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.82	0.49	1.45	0.82	0.49
Total Volume	40,573	29,033	59,117	42,326	43,916
Total OI	242,647.15	205,881	266,055	261,387	266,055

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-07-01	$144.59	$135.00	72.6%	20.3%	83.9%	46.9%	72.5%	9.5%	0.7%	11.2M	-21.2M	-4.3M	0.82	29.79	N/A	N/A	23,214	19,112	140,374	121,013
2022-07-05	$154.39	$140.00	75.5%	21.0%	83.1%	50.6%	72.1%	9.4%	-0.8%	7.8M	-177.3M	-4.6M	0.61	62.06	N/A	N/A	28,905	17,522	123,868	106,091
2022-07-06	$154.49	$140.00	74.3%	21.0%	82.9%	49.0%	77.4%	7.4%	-0.5%	10.1M	-202.6M	-4.6M	0.81	63.64	N/A	N/A	19,844	16,045	130,987	110,166
2022-07-07	$158.61	$140.00	70.8%	20.0%	83.1%	44.7%	71.3%	8.4%	-0.1%	13.8M	-293.5M	-4.7M	0.86	62.34	N/A	N/A	20,507	17,603	134,509	115,616
2022-07-08	$160.13	$140.00	68.7%	19.5%	82.5%	42.0%	69.1%	7.7%	0.2%	9.6M	-345.5M	-4.7M	0.73	64.01	N/A	N/A	30,732	22,430	137,739	120,158
2022-07-11	$155.21	$140.00	72.8%	20.6%	83.1%	47.1%	70.0%	8.2%	-1.0%	7.2M	-143.0M	-4.5M	0.98	65.05	N/A	N/A	15,923	15,607	129,534	109,731
2022-07-12	$145.08	$140.00	76.1%	21.4%	80.9%	51.4%	74.9%	7.8%	-1.2%	831.1K	92.8M	-4.3M	1.00	66.80	N/A	N/A	17,609	17,549	132,906	113,767
2022-07-13	$149.55	$140.00	75.2%	21.1%	74.2%	50.2%	73.3%	7.9%	-1.5%	4.5M	-29.2M	-4.4M	0.77	65.04	N/A	N/A	22,954	17,610	135,492	114,088
2022-07-14	$146.48	$140.00	73.3%	20.7%	75.2%	47.8%	72.3%	7.9%	-1.8%	355.7K	56.1M	-4.3M	0.85	61.15	N/A	N/A	19,101	16,244	139,089	117,917
2022-07-15	$149.14	$145.00	68.8%	19.7%	71.7%	42.1%	69.7%	7.3%	0.1%	4.3M	-16.0M	-4.3M	0.55	45.99	N/A	N/A	25,123	13,741	142,228	120,507
2022-07-18	$146.47	$145.00	69.8%	20.0%	66.6%	43.4%	69.3%	7.8%	7.8%	1.5M	101.3M	-4.2M	0.85	57.13	N/A	N/A	18,139	15,357	108,614	97,267
2022-07-19	$147.21	$145.00	68.9%	19.7%	66.1%	42.3%	68.3%	8.4%	8.6%	603.6K	105.9M	-4.3M	0.67	57.65	N/A	N/A	17,348	11,685	112,540	102,478
2022-07-20	$156.65	$145.00	68.1%	19.5%	67.8%	41.2%	70.5%	8.3%	8.5%	7.6M	-98.2M	-4.5M	0.64	58.70	N/A	N/A	29,126	18,757	116,650	105,980
2022-07-21	$157.25	$145.00	68.8%	19.3%	67.5%	42.1%	69.0%	8.2%	9.0%	9.3M	-95.9M	-4.6M	0.63	48.16	N/A	N/A	19,333	12,219	121,533	111,330
2022-07-22	$143.51	$145.00	73.4%	20.2%	64.9%	47.9%	69.8%	8.8%	8.0%	-6.0M	230.4M	-4.2M	1.13	60.24	N/A	N/A	27,741	31,376	123,379	113,997
2022-07-25	$139.70	$145.00	83.0%	21.4%	61.7%	60.1%	74.5%	9.3%	-1.5%	-3.7M	271.0M	-4.2M	1.45	58.30	N/A	N/A	19,015	27,620	113,344	109,373
2022-07-26	$130.21	$145.00	87.8%	22.4%	65.9%	66.2%	78.8%	9.1%	1.2%	-7.6M	459.1M	-4.0M	1.15	60.44	N/A	N/A	21,935	25,172	120,130	121,406
2022-07-27	$141.91	$149.00	79.9%	19.7%	72.9%	56.2%	68.9%	10.3%	1.5%	-3.0M	256.9M	-4.4M	0.63	59.08	N/A	N/A	25,986	16,339	123,694	127,853
2022-07-28	$142.73	$145.00	79.9%	19.1%	72.9%	56.1%	66.3%	9.3%	-0.3%	-537.9K	234.4M	-4.3M	0.81	13.06	N/A	N/A	18,285	14,736	130,591	130,949
2022-07-29	$149.25	$145.00	79.4%	18.5%	73.9%	55.6%	65.5%	9.1%	-2.0%	15.6M	61.5M	-4.5M	0.49	37.43	N/A	N/A	29,451	14,465	133,007	133,048