SNOW Options History — November 2023

In November 2023, SNOW traded between $142.99 and $187.74. ATM implied volatility averaged 55.9%, placing in the 36.2% IV rank vs the trailing year. The 30-day expected move averaged 16.3%. IV traded above realized volatility by 4.7% (HV 20d: 51.2%). Max pain ranged from $155.00 to $160.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.67.

Notable Days

  • 2023-11-30: Highest Volume — 271,064 contracts
  • 2023-11-30: Largest IV drop — 33.6% change
  • 2023-11-06: Highest IV Rank — 45.9%
  • 2023-11-29: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$162.26$142.99$187.74$144.30$187.74
Max Pain$158.57$155.00$160.00$155.00$160.00
ATM IV55.9%34.5%62.0%60.1%34.5%
Expected Move16.3%10.8%18.4%13.5%10.8%
HV 20d51.2%39.7%57.2%42.8%52.3%
HV 60d42.9%37.2%45.1%37.4%44.9%
IV Rank36.2%0.0%45.9%42.5%0.0%
IV Percentile47.7%0.0%67.5%60.3%0.0%
Term Structure-2.6%-3.8%-0.2%-2.1%-0.2%
VWIV56.8%38.4%63.9%45.4%38.4%
Skew 25d3.6%1.0%5.8%5.5%1.0%
Skew 10d7.2%2.5%11.0%11.0%2.5%
Call IV 25d54.2%34.5%58.5%57.2%34.5%
Put IV 25d57.8%35.5%64.0%62.7%35.5%
Bid-Ask Spread %5.523.028.583.854.00
Gamma HHI0.070.050.180.050.09
Net GEX19.2M-11.2M69.5M-7.0M69.5M
Net DEX-559.7M-1.88B358.5M279.0M-1.88B
Net VEX-7.1M-7.9M-5.7M-5.7M-7.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.461.371.370.53
Total Volume76,462.85725,693271,06437,121271,064
Total OI398,807.286349,811475,149355,964475,149

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$144.30$155.0060.1%13.5%42.8%42.5%45.4%5.5%-2.1%-7.0M279.0M-5.7M1.373.85N/AN/A15,67321,448191,378164,586
2023-11-02$142.99$160.0059.1%16.0%42.7%40.7%56.5%5.8%-2.0%-11.2M358.5M-5.8M0.526.47N/AN/A42,94322,499196,910169,870
2023-11-03$149.68$160.0058.2%15.7%39.7%39.0%54.4%5.3%-2.5%27.0M-76.4M-6.2M0.467.78N/AN/A49,40422,916207,683178,017
2023-11-06$144.12$160.0062.0%16.8%40.9%45.9%58.0%5.5%-2.6%-6.1M276.4M-5.9M0.547.33N/AN/A51,27127,785187,669168,708
2023-11-07$159.96$160.0060.3%16.4%56.5%42.9%57.8%4.8%-2.6%40.1M-762.7M-6.6M0.595.55N/AN/A104,01661,214215,145183,529
2023-11-08$158.05$160.0058.3%16.0%56.6%39.3%56.4%4.9%-2.3%29.7M-580.7M-7.3M0.584.57N/AN/A36,16721,124232,224198,617
2023-11-09$156.67$160.0059.0%16.2%56.4%40.4%55.6%4.8%-2.9%27.6M-465.6M-7.2M0.548.58N/AN/A55,60230,206235,587201,221
2023-11-10$160.49$160.0058.3%16.2%56.6%39.2%56.6%4.3%-2.9%38.5M-804.5M-7.3M0.493.31N/AN/A52,00125,566244,133204,042
2023-11-13$159.33$160.0058.7%16.6%55.6%40.9%57.8%4.5%-2.5%14.0M-397.9M-7.2M0.688.58N/AN/A31,18921,069214,805181,581
2023-11-14$166.14$160.0057.4%16.3%57.2%38.5%58.5%4.0%-2.7%39.0M-842.4M-7.4M0.756.42N/AN/A51,07338,529220,831189,653
2023-11-15$163.08$155.0057.4%16.4%55.5%38.4%58.1%3.8%-2.7%17.6M-592.9M-7.4M0.638.46N/AN/A34,84521,795222,790208,814
2023-11-16$161.14$155.0058.1%16.8%55.8%39.7%58.6%3.7%-3.0%3.2M-425.1M-7.3M0.715.96N/AN/A21,48715,214220,970214,014
2023-11-17$161.30$155.0057.1%16.7%54.0%38.0%59.6%3.3%-3.0%1.7M-459.0M-7.2M0.955.00N/AN/A20,47819,464224,591217,744
2023-11-20$166.80$155.0056.8%17.1%54.9%37.4%59.4%2.9%-3.3%15.0M-619.1M-7.2M0.504.44N/AN/A42,57721,271180,954168,857
2023-11-21$167.00$155.0057.0%17.3%54.8%39.5%60.0%2.3%-3.8%15.7M-631.2M-7.2M1.045.98N/AN/A17,51418,185190,513174,484
2023-11-22$169.18$160.0053.9%16.7%48.9%33.4%58.2%2.3%-3.0%19.6M-730.4M-7.2M0.523.10N/AN/A29,10515,186195,151180,355
2023-11-24$170.86$160.0052.4%16.6%48.2%32.4%58.2%1.7%-3.4%25.2M-823.9M-7.2M0.544.83N/AN/A16,7388,955198,541184,982
2023-11-27$171.76$160.0052.4%17.7%48.2%32.5%61.6%1.7%-2.8%12.0M-769.5M-7.3M0.693.75N/AN/A26,43218,263183,848173,410
2023-11-28$171.40$160.0050.4%17.2%48.3%28.3%60.2%1.7%-2.5%12.8M-795.0M-7.6M0.703.02N/AN/A23,84116,662197,577181,559
2023-11-29$175.49$160.0052.0%18.4%48.6%31.7%63.9%1.4%-2.7%19.9M-1.01B-7.9M0.644.92N/AN/A100,62764,322206,969187,492
2023-11-30$187.74$160.0034.5%10.8%52.3%0.0%38.4%1.0%-0.2%69.5M-1.88B-7.9M0.534.00N/AN/A177,55893,506253,956221,193