SNOW Options History — February 2023

In February 2023, SNOW traded between $147.43 and $176.05. ATM implied volatility averaged 71.9%, placing in the 27.3% IV rank vs the trailing year. The 30-day expected move averaged 20.7%. IV traded above realized volatility by 3.4% (HV 20d: 68.5%). Max pain ranged from $148.00 to $155.00. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.77.

Notable Days

  • 2023-02-02: Highest Volume — 105,467 contracts
  • 2023-02-23: Largest IV drop — 4.9% change
  • 2023-02-22: Highest IV Rank — 32.6%
  • 2023-02-22: Largest Expected Move — 22.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$159.96$147.43$176.05$166.27$153.47
Max Pain$153.58$148.00$155.00$148.00$155.00
ATM IV71.9%68.6%75.0%68.9%68.6%
Expected Move20.7%17.0%22.3%17.0%22.3%
HV 20d68.5%64.6%73.0%67.2%66.8%
HV 60d65.7%62.1%74.3%74.3%64.2%
IV Rank27.3%21.7%32.6%22.2%21.7%
IV Percentile46.0%35.7%59.1%38.1%35.7%
Term Structure-2.4%-3.3%-1.7%-1.7%-2.2%
VWIV72.2%61.0%78.1%61.0%77.7%
Skew 25d5.1%4.4%6.0%5.9%4.5%
Skew 10d9.9%8.8%11.6%11.6%8.8%
Call IV 25d69.8%65.6%72.8%65.6%66.3%
Put IV 25d74.9%70.8%77.7%71.5%70.8%
Bid-Ask Spread %2.812.303.513.402.73
Gamma HHI0.050.040.100.050.05
Net GEX10.1M-3.8M26.8M19.7M2.9M
Net DEX-381.5M-1.08B134.6M-758.8M-96.9M
Net VEX-6.0M-6.7M-5.7M-5.7M-6.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.471.200.940.75
Total Volume56,536.68432,689105,46742,72634,342
Total OI296,352.368264,015328,715277,566280,377

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$166.27$148.0068.9%17.0%67.2%22.2%61.0%5.9%-1.7%19.7M-758.8M-5.7M0.943.40N/AN/A22,01420,712148,612128,954
2023-02-02$176.05$150.0070.1%19.1%66.2%24.2%66.5%5.0%-2.3%23.2M-1.08B-5.9M0.472.65N/AN/A71,70033,767151,020134,281
2023-02-03$163.75$150.0070.8%19.3%66.6%25.4%68.3%4.8%-2.4%17.4M-591.5M-6.0M0.522.47N/AN/A67,19035,007169,996142,675
2023-02-06$157.19$150.0072.8%20.2%69.4%28.9%72.0%5.1%-1.7%7.0M-298.9M-5.9M0.772.37N/AN/A28,35621,952158,631125,273
2023-02-07$160.41$150.0071.5%19.9%64.6%26.7%69.1%4.4%-1.7%10.7M-407.8M-6.1M0.482.79N/AN/A41,18519,779166,845132,762
2023-02-08$159.16$155.0071.8%20.0%64.8%27.2%69.8%4.5%-1.9%12.5M-389.4M-6.1M0.872.85N/AN/A25,20122,026174,621134,963
2023-02-09$163.04$155.0073.6%20.5%65.0%30.2%71.9%4.9%-2.7%17.8M-544.6M-6.2M0.743.51N/AN/A36,65027,234177,223138,270
2023-02-10$156.72$155.0074.3%20.8%67.1%31.3%72.7%4.9%-2.3%-3.8M-226.6M-5.9M1.203.13N/AN/A24,89929,995179,803143,318
2023-02-13$162.44$155.0074.5%21.2%67.9%31.8%72.5%6.0%-2.9%13.6M-486.8M-6.1M0.712.55N/AN/A25,69318,353160,074125,484
2023-02-14$171.90$155.0072.0%20.5%69.4%27.4%70.8%5.7%-2.3%23.2M-819.7M-6.5M0.923.43N/AN/A30,51228,005167,204130,881
2023-02-15$174.78$155.0071.0%20.4%67.6%25.8%70.9%5.0%-2.2%26.8M-940.1M-6.7M0.712.92N/AN/A27,81819,618173,402139,790
2023-02-16$164.23$155.0071.6%20.7%70.7%26.9%73.4%5.4%-2.6%14.0M-469.6M-6.3M0.862.98N/AN/A25,59022,125178,964143,501
2023-02-17$153.57$155.0072.2%20.9%73.0%27.8%73.1%4.9%-1.8%-2.5M-32.6M-5.8M0.913.06N/AN/A53,94249,145182,136146,579
2023-02-21$152.42$155.0074.6%22.2%72.2%31.9%78.1%5.0%-3.3%3.7M-69.8M-5.8M0.792.30N/AN/A18,23714,452147,818120,081
2023-02-22$150.84$155.0075.0%22.3%71.6%32.6%77.5%5.3%-3.2%2.1M-25.8M-5.8M0.492.42N/AN/A33,09216,344153,542125,625
2023-02-23$152.21$155.0071.3%21.5%71.5%26.3%74.9%5.1%-3.0%3.3M-55.1M-5.8M0.612.57N/AN/A29,87518,283157,520128,590
2023-02-24$147.43$155.0071.5%21.8%70.4%26.7%75.5%5.2%-3.2%-2.4M134.6M-5.7M1.032.72N/AN/A21,64222,390162,669135,196
2023-02-27$153.42$155.0069.4%22.0%68.4%23.0%76.6%5.4%-2.1%2.5M-93.0M-5.9M0.782.54N/AN/A20,80616,266140,327123,688
2023-02-28$153.47$155.0068.6%22.3%66.8%21.7%77.7%4.5%-2.2%2.9M-96.9M-6.0M0.752.73N/AN/A19,62214,720148,530131,847