SNOW Options History — August 2023

In August 2023, SNOW traded between $146.26 and $176.37. ATM implied volatility averaged 58.2%, placing in the 28.0% IV rank vs the trailing year. The 30-day expected move averaged 16.2%. IV traded above realized volatility by 10.4% (HV 20d: 47.8%). Max pain ranged from $160.00 to $180.00. Net GEX was positive for 7 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 0.77.

Notable Days

  • 2023-08-24: Highest Volume — 195,478 contracts
  • 2023-08-24: Largest IV drop — 31.0% change
  • 2023-08-17: Highest IV Rank — 44.0%
  • 2023-08-23: Largest Expected Move — 19.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$155.64$146.26$176.37$176.37$157.99
Max Pain$169.57$160.00$180.00$165.00$160.00
ATM IV58.2%39.9%66.7%60.2%39.9%
Expected Move16.2%11.2%19.7%13.8%11.2%
HV 20d47.8%41.2%55.8%44.2%41.2%
HV 60d58.4%48.7%64.1%62.2%48.9%
IV Rank28.0%0.0%44.0%29.4%0.0%
IV Percentile42.8%0.0%66.3%41.7%0.0%
Term Structure-2.0%-4.0%0.6%-3.0%0.6%
VWIV57.1%39.8%68.6%50.2%39.8%
Skew 25d1.5%0.8%2.0%1.5%1.5%
Skew 10d3.3%2.0%4.0%3.4%3.5%
Call IV 25d58.0%39.6%66.5%59.7%39.6%
Put IV 25d59.5%41.1%68.3%61.2%41.1%
Bid-Ask Spread %2.401.765.182.282.13
Gamma HHI0.060.040.110.040.06
Net GEX-9.8M-24.3M16.2M8.3M16.2M
Net DEX116.4M-512.2M470.5M-512.2M-282.7M
Net VEX-6.9M-7.2M-6.4M-7.2M-7.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.501.410.890.55
Total Volume67,991.08722,839195,47822,83953,286
Total OI384,622.348331,683454,841347,283382,753

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$176.37$165.0060.2%13.8%44.2%29.4%50.2%1.5%-3.0%8.3M-512.2M-7.2M0.892.28N/AN/A12,09310,746182,395164,888
2023-08-02$164.93$165.0062.3%14.5%50.0%34.1%52.8%1.6%-2.9%-13.9M23.4M-6.9M0.712.33N/AN/A37,39726,475185,373166,804
2023-08-03$159.95$180.0064.1%17.1%51.0%38.1%60.0%1.4%-3.6%-18.0M229.9M-6.9M0.881.93N/AN/A42,63237,638196,084171,590
2023-08-04$166.40$180.0063.0%16.9%53.2%35.6%59.4%1.6%-4.0%-19.5M-98.1M-7.2M0.685.18N/AN/A53,09536,241205,485183,575
2023-08-07$165.98$180.0062.7%17.1%53.2%35.0%60.2%1.5%-2.1%-8.9M-126.9M-7.0M1.411.77N/AN/A20,45428,891181,681167,610
2023-08-08$157.87$180.0063.7%17.5%55.4%37.2%61.7%0.8%-2.3%-23.5M281.7M-6.8M0.983.87N/AN/A48,76847,658189,016177,696
2023-08-09$154.45$175.0064.2%17.7%55.8%38.3%62.2%1.3%-2.3%-23.4M429.4M-7.0M0.611.92N/AN/A37,48422,713202,342192,075
2023-08-10$154.94$175.0064.0%17.8%49.8%37.9%62.6%1.7%-2.4%-24.3M406.5M-7.1M0.551.97N/AN/A38,03820,953208,341196,309
2023-08-11$153.39$175.0063.7%17.8%49.8%37.3%62.4%2.0%-2.6%-21.6M470.5M-7.0M1.311.89N/AN/A30,79240,307215,512198,467
2023-08-14$152.85$175.0062.8%17.8%49.0%35.3%62.8%1.3%-2.3%-18.4M250.0M-6.9M0.752.44N/AN/A27,21020,301195,543185,203
2023-08-15$150.92$175.0064.8%18.5%47.1%39.8%64.7%1.1%-2.4%-20.0M318.6M-6.9M0.511.77N/AN/A21,45710,944202,425193,336
2023-08-16$149.95$175.0065.6%18.8%47.1%41.4%65.6%1.5%-2.7%-20.0M337.2M-6.8M0.512.23N/AN/A53,07327,015208,441194,268
2023-08-17$146.26$170.0066.7%19.3%44.4%44.0%67.4%1.9%-3.4%-21.2M463.6M-6.7M0.681.90N/AN/A27,45518,683233,635196,741
2023-08-18$147.63$170.0065.9%19.2%44.7%42.1%67.1%1.8%-3.5%-8.2M373.2M-6.7M1.211.98N/AN/A25,29630,603239,259196,079
2023-08-21$152.43$165.0065.0%19.4%47.0%40.1%67.7%2.0%-2.9%893.6K2.1M-6.8M0.691.76N/AN/A25,74617,714173,516158,167
2023-08-22$152.35$165.0064.1%19.5%45.2%38.2%67.6%1.3%-2.7%1.8M-2.4M-6.9M0.741.81N/AN/A21,21815,713185,826166,379
2023-08-23$155.92$165.0064.0%19.7%44.1%38.0%68.6%1.3%-2.8%6.7M-181.3M-7.1M0.512.36N/AN/A88,97545,720197,385174,270
2023-08-24$148.23$165.0044.2%12.6%46.7%0.0%44.3%1.8%-0.1%-18.6M327.9M-6.4M0.582.02N/AN/A123,63071,848240,569199,520
2023-08-25$153.42$160.0042.3%11.9%45.8%0.0%41.9%1.4%0.4%4.5M-61.8M-6.8M0.882.93N/AN/A43,98638,588252,571202,270
2023-08-28$149.25$160.0043.0%12.2%45.5%1.4%43.1%1.8%0.4%-8.1M161.8M-6.6M0.892.10N/AN/A30,36727,073176,820165,061
2023-08-29$153.18$160.0041.6%11.8%47.2%0.0%41.3%1.8%0.5%-1.5M-13.6M-6.8M0.502.18N/AN/A38,74119,492186,585177,038
2023-08-30$155.05$160.0040.6%11.4%41.9%0.0%40.3%1.5%0.5%5.4M-119.0M-7.0M0.734.48N/AN/A27,26720,019195,540181,871
2023-08-31$157.99$160.0039.9%11.2%41.2%0.0%39.8%1.5%0.6%16.2M-282.7M-7.1M0.552.13N/AN/A34,26919,017198,499184,254