SNOW Options History — October 2023

In October 2023, SNOW traded between $140.35 and $163.70. ATM implied volatility averaged 47.2%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 7.5% (HV 20d: 39.7%). Max pain ranged from $150.00 to $160.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.95.

Notable Days

  • 2023-10-06: Highest Volume — 78,330 contracts
  • 2023-10-30: Largest IV spike — 10.0% change
  • 2023-10-31: Highest IV Rank — 40.6%
  • 2023-10-26: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$152.68$140.35$163.70$150.25$145.07
Max Pain$157.95$150.00$160.00$150.00$155.00
ATM IV47.2%42.7%59.1%44.9%59.1%
Expected Move13.3%12.1%15.1%12.2%14.0%
HV 20d39.7%34.1%45.1%34.4%44.3%
HV 60d41.2%38.7%42.6%42.1%38.7%
IV Rank18.9%10.9%40.6%14.8%40.6%
IV Percentile18.2%7.5%56.3%9.9%56.3%
Term Structure1.8%-1.8%10.5%-0.1%-1.8%
VWIV46.3%42.2%51.9%42.5%49.1%
Skew 25d4.0%2.6%6.0%3.1%5.9%
Skew 10d7.8%5.6%11.4%6.1%11.0%
Call IV 25d45.5%41.6%57.8%43.7%57.5%
Put IV 25d49.5%44.6%63.8%46.8%63.5%
Bid-Ask Spread %2.872.095.102.422.80
Gamma HHI0.070.040.410.050.05
Net GEX-245.3K-30.4M65.7M-3.5M-5.0M
Net DEX1.8M-561.3M548.9M74.5M237.8M
Net VEX-6.5M-7.1M-5.8M-6.6M-5.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.302.070.790.91
Total Volume36,043.09118,19778,33035,62518,197
Total OI365,461.409322,616386,623349,934350,342

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$150.25$150.0044.9%12.2%34.4%14.8%42.5%3.1%-0.1%-3.5M74.5M-6.6M0.792.42N/AN/A19,88715,738184,416165,518
2023-10-03$148.12$150.0046.8%13.0%34.1%18.3%45.3%3.7%-0.4%-10.0M185.6M-6.6M0.982.93N/AN/A10,49910,342192,917174,500
2023-10-04$152.53$150.0044.6%12.1%35.7%14.2%42.2%3.5%-0.2%2.1M-30.4M-6.7M1.043.03N/AN/A11,55311,972195,303177,734
2023-10-05$150.25$160.0045.1%13.0%35.3%15.2%45.0%3.5%-0.0%-9.0M105.4M-6.6M0.702.96N/AN/A20,24114,142197,625180,666
2023-10-06$159.86$160.0044.5%12.7%39.9%14.0%44.7%3.0%-0.2%65.7M-497.4M-6.9M0.752.14N/AN/A44,87833,452202,057182,796
2023-10-09$162.18$160.0044.8%12.8%38.5%14.5%44.8%2.6%0.0%13.7M-479.9M-7.1M1.042.23N/AN/A17,60318,383187,412173,090
2023-10-10$163.70$160.0043.5%12.5%38.1%12.2%44.7%2.9%0.1%19.0M-561.3M-7.1M1.082.19N/AN/A14,11015,260193,633177,067
2023-10-11$163.45$160.0042.9%12.3%37.8%11.2%43.8%2.9%0.1%16.6M-524.3M-7.0M1.542.18N/AN/A8,66513,351195,282180,752
2023-10-12$160.44$160.0042.7%12.3%38.2%10.9%43.5%2.9%0.3%5.8M-328.6M-6.9M1.583.88N/AN/A12,92120,355196,945183,338
2023-10-13$157.38$160.0045.0%12.9%38.7%14.9%45.6%3.4%0.1%4.9M-135.4M-6.8M1.162.47N/AN/A15,13817,553200,453186,170
2023-10-16$162.12$160.0043.8%12.5%40.2%12.7%43.7%3.4%-0.9%11.3M-405.3M-6.7M1.252.31N/AN/A16,44120,563185,502169,316
2023-10-17$159.28$160.0043.5%12.5%40.6%12.2%44.2%3.4%-1.0%4.3M-238.3M-6.6M2.072.11N/AN/A9,26719,216190,808174,217
2023-10-18$152.84$160.0045.5%13.1%43.2%15.9%45.3%3.9%-1.0%-15.8M140.1M-6.3M0.782.36N/AN/A19,99315,647193,199179,217
2023-10-19$153.20$160.0046.0%13.2%37.4%16.7%46.2%4.3%-1.3%-13.4M80.4M-6.3M0.742.09N/AN/A18,94213,992199,429178,612
2023-10-20$147.87$160.0047.1%13.6%39.6%18.9%47.8%5.0%-1.3%-30.4M396.0M-6.0M0.905.10N/AN/A28,21525,465201,986180,727
2023-10-23$149.00$160.0047.1%13.9%39.7%18.7%48.3%4.6%10.0%-10.2M217.7M-6.0M0.622.39N/AN/A23,83214,817168,777153,839
2023-10-24$151.25$160.0047.8%14.2%39.1%20.1%49.1%4.4%9.7%-4.3M91.8M-6.3M0.304.03N/AN/A32,7369,735178,460162,429
2023-10-25$142.24$160.0050.2%14.9%45.1%24.5%51.3%5.2%9.9%-17.7M490.3M-5.9M0.593.04N/AN/A34,60420,589191,086167,588
2023-10-26$140.35$160.0052.5%15.1%44.1%28.6%51.9%5.2%9.6%-18.3M548.9M-5.8M0.554.56N/AN/A25,92514,372198,531171,582
2023-10-27$142.91$155.0052.5%14.5%44.4%28.7%50.3%5.0%10.5%-6.4M428.3M-5.9M0.803.17N/AN/A20,86716,723204,590174,133
2023-10-30$144.70$155.0057.8%14.1%44.5%38.3%48.9%6.0%-1.6%-4.7M244.0M-5.9M0.822.65N/AN/A14,74412,023182,164155,943
2023-10-31$145.07$155.0059.1%14.0%44.3%40.6%49.1%5.9%-1.8%-5.0M237.8M-5.9M0.912.80N/AN/A9,5198,678188,072162,270