SNOW Options History — January 2023

In January 2023, SNOW traded between $121.79 and $160.40. ATM implied volatility averaged 61.8%, placing in the 13.7% IV rank vs the trailing year. The 30-day expected move averaged 17.7%. IV traded above realized volatility by 3.6% (HV 20d: 58.2%). Max pain ranged from $145.00 to $160.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.95.

Notable Days

  • 2023-01-27: Highest Volume — 108,667 contracts
  • 2023-01-30: Largest IV spike — 10.4% change
  • 2023-01-03: Highest IV Rank — 30.7%
  • 2023-01-05: Largest Expected Move — 19.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$141.58$121.79$160.40$136.25$155.22
Max Pain$149.45$145.00$160.00$160.00$148.00
ATM IV61.8%55.9%69.4%67.2%69.4%
Expected Move17.7%16.3%19.6%19.2%18.3%
HV 20d58.2%45.1%66.6%55.8%66.6%
HV 60d74.3%72.8%76.3%76.3%73.2%
IV Rank13.7%0.7%30.7%30.7%23.1%
IV Percentile14.3%0.4%39.3%29.8%39.3%
Term Structure2.3%-2.0%10.9%-0.6%-1.5%
VWIV61.9%56.5%67.9%67.9%63.7%
Skew 25d6.0%4.7%7.1%7.1%6.0%
Skew 10d11.9%9.7%13.7%13.6%12.4%
Call IV 25d58.7%53.1%67.6%64.0%67.6%
Put IV 25d64.7%57.9%73.6%71.1%73.5%
Bid-Ask Spread %2.732.203.472.412.59
Gamma HHI0.070.030.310.050.04
Net GEX5.1M-15.9M40.6M-5.2M8.9M
Net DEX-41.5M-877.6M577.8M287.0M-358.7M
Net VEX-4.6M-5.5M-3.7M-4.3M-5.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.431.511.310.84
Total Volume55,885.326,688108,66738,81027,358
Total OI314,775.3236,890364,019305,160272,342

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$136.25$160.0067.2%19.2%55.8%30.7%67.9%7.1%-0.6%-5.2M287.0M-4.3M1.312.41N/AN/A16,83021,980171,514133,646
2023-01-04$130.58$155.0067.1%18.9%45.1%29.5%64.8%7.1%-0.4%-10.3M420.4M-4.1M1.512.47N/AN/A27,03540,855177,820140,056
2023-01-05$121.79$150.0069.0%19.6%50.9%29.7%67.0%6.7%-1.0%-15.9M577.8M-3.7M1.013.13N/AN/A41,76642,034184,403143,363
2023-01-06$124.38$150.0064.0%18.4%51.5%20.3%65.2%6.1%-0.4%-9.7M461.5M-3.8M1.322.94N/AN/A31,16841,079198,195144,395
2023-01-09$134.88$150.0065.3%18.8%58.0%22.2%65.8%5.9%0.6%-1.6M128.0M-4.2M0.763.47N/AN/A31,28923,909180,752132,215
2023-01-10$136.96$150.0063.9%18.6%58.2%20.1%64.8%5.7%0.8%1.3M64.7M-4.3M1.013.16N/AN/A13,30813,380189,461138,640
2023-01-11$138.79$150.0063.2%18.2%56.1%19.0%63.4%6.4%0.1%3.2M14.5M-4.3M0.762.20N/AN/A30,63723,158192,142142,112
2023-01-12$141.03$150.0059.4%17.5%56.5%13.0%61.1%6.3%1.9%8.3M-93.7M-4.7M1.243.19N/AN/A16,94121,072205,562147,155
2023-01-13$140.73$150.0055.9%16.3%56.1%7.4%56.5%4.8%1.6%13.2M-86.0M-4.6M0.872.52N/AN/A23,64420,496208,884149,412
2023-01-17$145.82$150.0057.9%16.7%56.2%6.2%57.8%6.2%-1.8%7.1M-151.7M-4.7M0.602.71N/AN/A30,35418,218196,992136,260
2023-01-18$140.94$150.0058.2%16.7%57.6%5.1%59.6%6.1%-1.9%1.7M9.3M-4.6M1.202.92N/AN/A24,18329,116205,836141,520
2023-01-19$136.03$150.0058.6%16.9%57.9%4.7%58.7%6.5%-1.6%-5.6M164.1M-4.4M1.132.55N/AN/A18,74921,134212,568143,333
2023-01-20$144.39$145.0057.0%16.4%61.1%1.8%58.4%6.5%-1.1%13.9M-165.4M-4.7M0.882.49N/AN/A30,69726,912217,464146,555
2023-01-23$149.23$145.0056.3%16.6%61.3%0.7%58.7%5.8%10.6%10.3M-270.1M-5.0M0.802.29N/AN/A29,64323,643130,016106,874
2023-01-24$145.37$149.0057.5%17.1%60.2%2.8%59.8%5.8%10.3%5.2M-130.5M-4.9M0.502.46N/AN/A41,60120,966138,714117,410
2023-01-25$143.92$149.0057.3%17.1%60.2%2.4%60.2%5.2%10.6%3.3M-63.4M-4.9M0.832.59N/AN/A52,40843,666157,761125,325
2023-01-26$151.06$145.0058.3%16.8%62.3%4.1%59.0%5.6%10.9%24.8M-435.7M-5.2M0.852.81N/AN/A31,09426,320166,064133,459
2023-01-27$160.40$145.0061.6%17.4%65.4%9.7%60.5%4.7%10.8%40.6M-877.6M-5.5M0.433.08N/AN/A75,84232,825167,171138,310
2023-01-30$153.74$148.0068.0%18.1%66.6%20.7%64.1%6.3%-2.0%8.5M-324.3M-5.4M1.172.64N/AN/A14,91017,486140,074121,731
2023-01-31$155.22$148.0069.4%18.3%66.6%23.1%63.7%6.0%-1.5%8.9M-358.7M-5.4M0.842.59N/AN/A14,87112,487144,547127,795