SNOW Options History — April 2023

In April 2023, SNOW traded between $135.72 and $155.11. ATM implied volatility averaged 54.4%, placing in the 6.8% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 2.2% (HV 20d: 52.2%). Max pain ranged from $145.00 to $150.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.62.

Notable Days

  • 2023-04-04: Highest Volume — 140,732 contracts
  • 2023-04-25: Largest IV spike — 12.1% change
  • 2023-04-25: Highest IV Rank — 22.1%
  • 2023-04-11: Largest Expected Move — 15.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$144.82$135.72$155.11$150.00$147.67
Max Pain$147.37$145.00$150.00$145.00$145.00
ATM IV54.4%48.3%62.9%51.5%59.1%
Expected Move14.7%13.7%15.8%14.1%13.7%
HV 20d52.2%47.0%57.3%50.4%56.0%
HV 60d62.0%59.5%63.6%63.3%59.6%
IV Rank6.8%0.0%22.1%0.3%16.4%
IV Percentile7.5%0.0%26.6%1.2%18.3%
Term Structure1.8%-1.9%8.7%-0.3%-0.7%
VWIV51.9%48.1%57.4%50.9%49.3%
Skew 25d5.7%4.5%7.9%4.8%7.4%
Skew 10d10.8%8.4%15.1%9.8%13.2%
Call IV 25d51.9%45.7%59.6%50.0%56.4%
Put IV 25d57.5%50.8%67.5%54.8%63.9%
Bid-Ask Spread %2.671.843.442.802.53
Gamma HHI0.050.030.150.040.15
Net GEX10.0M-7.4M32.4M15.5M32.4M
Net DEX-112.2M-608.0M302.8M-330.4M-327.8M
Net VEX-6.1M-6.6M-5.6M-6.4M-6.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.260.960.690.87
Total Volume67,169.10527,538140,73243,41692,790
Total OI369,866.789322,448417,089325,894417,089

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$150.00$145.0051.5%14.1%50.4%0.3%50.9%4.8%-0.3%15.5M-330.4M-6.4M0.692.80N/AN/A25,62417,792173,610152,284
2023-04-04$155.11$145.0052.7%14.5%51.5%2.2%51.2%4.5%-0.0%27.6M-608.0M-6.6M0.263.23N/AN/A111,65029,082183,259157,875
2023-04-05$145.56$145.0054.6%14.9%56.9%5.2%52.3%5.8%-0.3%3.7M-70.1M-6.3M0.603.20N/AN/A43,99226,206198,284165,138
2023-04-06$145.88$150.0053.7%15.4%53.9%3.9%53.5%5.6%-0.1%1.4M-87.1M-6.3M0.583.16N/AN/A38,20922,248203,434169,514
2023-04-10$146.95$150.0054.5%15.6%51.7%5.2%55.6%5.9%0.2%10.3M-169.1M-6.2M0.672.41N/AN/A23,06015,450178,021156,239
2023-04-11$139.31$150.0055.7%15.8%52.6%7.0%55.2%5.9%-0.4%-2.9M161.0M-5.8M0.493.44N/AN/A66,74532,987183,217162,629
2023-04-12$139.94$150.0054.3%15.5%52.6%4.9%57.4%5.1%-0.4%707.5K113.7M-5.9M0.453.23N/AN/A62,18528,015198,750175,218
2023-04-13$142.27$150.0053.3%15.3%52.9%3.2%53.1%4.5%-0.0%4.4M17.6M-6.0M0.422.39N/AN/A48,00120,049202,173185,203
2023-04-14$142.14$150.0051.7%14.9%52.9%0.6%52.1%4.6%0.5%4.7M40.5M-6.1M0.732.51N/AN/A44,15932,217213,110191,402
2023-04-17$145.19$150.0051.1%14.6%52.3%0.0%51.0%4.9%7.6%8.4M-119.2M-6.2M0.443.33N/AN/A28,59712,510190,602178,475
2023-04-18$145.66$150.0049.8%14.3%52.2%0.0%49.6%5.2%7.3%11.5M-150.6M-6.2M0.711.84N/AN/A19,15013,657197,005181,438
2023-04-19$144.95$150.0048.3%13.8%49.2%0.0%48.6%4.7%8.6%9.3M-113.9M-6.1M0.962.35N/AN/A14,04613,492198,859184,854
2023-04-20$142.78$145.0050.4%14.0%48.0%3.2%49.4%4.7%8.4%407.3K29.8M-6.0M0.752.71N/AN/A24,75518,606200,635189,399
2023-04-21$144.78$145.0051.0%13.7%47.5%4.1%48.1%5.1%8.7%17.1M-119.5M-6.0M0.422.11N/AN/A33,16514,027205,874190,832
2023-04-24$142.19$145.0056.1%14.0%47.0%11.8%48.5%6.6%-0.6%3.8M35.0M-5.7M0.642.03N/AN/A28,68118,334171,158151,290
2023-04-25$135.72$145.0062.9%15.5%49.9%22.1%55.6%7.9%-1.9%-7.4M302.8M-5.6M0.762.72N/AN/A48,61737,068180,291160,824
2023-04-26$146.95$145.0061.0%14.8%57.3%19.2%52.2%7.6%-0.6%26.5M-345.8M-6.4M0.672.00N/AN/A57,25938,525202,152179,615
2023-04-27$148.49$145.0061.3%14.9%57.2%19.7%52.1%7.3%-1.0%22.9M-390.9M-6.5M0.582.72N/AN/A47,58627,677207,540190,177
2023-04-28$147.67$145.0059.1%13.7%56.0%16.4%49.3%7.4%-0.7%32.4M-327.8M-6.3M0.872.53N/AN/A49,51843,272219,090197,999