SNOW Options History — June 2023

In June 2023, SNOW traded between $167.32 and $190.11. ATM implied volatility averaged 51.0%, placing in the 8.8% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded below realized volatility by 28.5% (HV 20d: 79.5%). Max pain ranged from $155.00 to $172.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.51.

Notable Days

  • 2023-06-28: Highest Volume — 186,431 contracts
  • 2023-06-27: Largest IV drop — 7.8% change
  • 2023-06-26: Highest IV Rank — 18.6%
  • 2023-06-26: Largest Expected Move — 15.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$176.97$167.32$190.11$167.32$176.10
Max Pain$165.12$155.00$172.50$160.00$172.50
ATM IV51.0%48.1%55.4%51.2%48.1%
Expected Move14.4%12.8%15.6%14.8%12.8%
HV 20d79.5%58.0%89.0%83.6%59.5%
HV 60d64.0%61.8%65.6%62.3%64.6%
IV Rank8.8%2.3%18.6%9.3%2.3%
IV Percentile6.6%0.8%18.7%3.2%0.8%
Term Structure-0.1%-1.7%1.4%-1.6%0.6%
VWIV51.2%45.6%56.3%52.3%45.6%
Skew 25d0.7%-0.6%1.9%1.6%0.2%
Skew 10d2.3%-0.0%4.7%4.4%0.3%
Call IV 25d51.7%48.6%56.5%51.4%49.0%
Put IV 25d52.4%49.2%56.8%53.0%49.2%
Bid-Ask Spread %3.342.326.006.002.86
Gamma HHI0.070.050.280.050.07
Net GEX26.3M662.8K60.2M26.5M22.3M
Net DEX-852.6M-1.77B-385.7M-724.5M-494.6M
Net VEX-7.2M-7.5M-6.9M-7.0M-7.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.280.930.450.47
Total Volume92,090.23835,014186,43179,183118,733
Total OI385,891.095333,645437,957387,088437,957

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$167.32$160.0051.2%14.8%83.6%9.3%52.3%1.6%-1.6%26.5M-724.5M-7.0M0.456.00N/AN/A54,52324,660199,082188,006
2023-06-02$175.75$160.0049.2%14.1%82.1%4.7%51.1%1.3%-1.7%55.7M-1.25B-7.1M0.622.98N/AN/A71,54744,379207,902193,550
2023-06-05$181.70$155.0049.7%14.1%82.7%5.9%50.0%1.8%0.5%29.7M-1.16B-7.1M0.752.82N/AN/A35,26326,603182,565168,882
2023-06-06$182.63$160.0048.9%13.8%82.2%4.0%49.5%1.2%0.0%33.5M-1.22B-7.2M0.622.45N/AN/A34,69321,454193,641180,251
2023-06-07$168.28$160.0048.8%13.8%87.7%3.8%48.6%1.9%0.1%4.0M-392.0M-6.9M0.933.68N/AN/A33,91931,421200,709185,792
2023-06-08$174.27$165.0049.0%13.9%86.5%4.2%48.8%1.9%-0.0%19.7M-768.4M-7.1M0.652.32N/AN/A25,06016,337207,446189,712
2023-06-09$171.66$165.0049.0%13.9%86.4%4.4%49.1%1.6%-0.1%662.8K-603.9M-7.0M0.762.60N/AN/A29,91122,588211,295195,995
2023-06-12$171.95$165.0050.8%14.4%86.3%8.4%50.3%1.3%-0.6%14.6M-646.4M-7.0M0.712.56N/AN/A20,47614,538192,271178,026
2023-06-13$172.61$165.0050.6%14.2%85.8%7.8%50.2%1.3%-0.8%16.6M-683.1M-6.9M0.462.58N/AN/A28,26112,972198,739183,776
2023-06-14$180.62$165.0053.0%14.9%87.3%13.3%52.5%0.3%-1.0%35.7M-1.17B-7.2M0.305.22N/AN/A84,90325,056203,989186,324
2023-06-15$190.11$165.0053.5%15.1%89.0%14.4%55.6%0.1%-1.1%60.2M-1.77B-7.5M0.375.06N/AN/A132,77249,301217,212192,681
2023-06-16$183.86$165.0051.7%14.7%87.4%10.4%52.8%-0.1%-1.0%34.2M-1.30B-7.4M0.473.35N/AN/A89,03741,824224,762199,523
2023-06-20$180.06$165.0053.0%15.2%86.2%13.3%54.5%0.1%1.2%25.1M-843.1M-7.3M0.432.50N/AN/A59,91425,474184,196149,449
2023-06-21$174.36$165.0052.8%15.1%86.8%12.8%54.2%-0.1%1.4%15.5M-555.3M-7.2M0.282.99N/AN/A63,83518,016200,746157,188
2023-06-22$178.88$165.0053.2%15.2%87.1%13.6%53.7%-0.0%1.0%29.0M-803.6M-7.3M0.285.09N/AN/A64,49418,172210,869162,145
2023-06-23$179.03$170.0053.4%15.2%87.0%14.1%54.2%-0.6%1.0%26.6M-800.4M-7.4M0.313.65N/AN/A65,32220,315217,725168,801
2023-06-26$170.37$170.0055.4%15.6%58.7%18.6%56.3%0.3%-0.5%10.3M-385.7M-7.0M0.403.17N/AN/A70,04427,685191,903155,219
2023-06-27$178.02$170.0051.0%14.1%60.1%8.9%50.3%0.4%-0.1%28.9M-761.1M-7.2M0.352.43N/AN/A69,82424,702209,381168,808
2023-06-28$183.39$170.0049.9%13.5%58.0%6.4%48.5%-0.3%-0.1%52.8M-1.13B-7.3M0.562.79N/AN/A119,53966,892220,214173,769
2023-06-29$175.50$170.0049.4%13.4%59.8%5.2%48.0%0.6%0.4%10.1M-448.8M-7.3M0.573.11N/AN/A82,69146,745224,777188,435
2023-06-30$176.10$172.5048.1%12.8%59.5%2.3%45.6%0.2%0.6%22.3M-494.6M-7.3M0.472.86N/AN/A80,56738,166240,309197,648