SNOW Options History — January 2024

In January 2024, SNOW traded between $184.92 and $210.00. ATM implied volatility averaged 42.0%, placing in the 21.4% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 9.5% (HV 20d: 32.4%). Max pain ranged from $170.00 to $192.50. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2024-01-23: Highest Volume — 215,941 contracts
  • 2024-01-29: Largest IV spike — 14.3% change
  • 2024-01-31: Highest IV Rank — 56.5%
  • 2024-01-30: Largest Expected Move — 14.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$195.63$184.92$210.00$188.27$195.25
Max Pain$184.29$170.00$192.50$170.00$192.50
ATM IV42.0%37.2%56.7%37.4%56.7%
Expected Move11.8%10.1%14.0%10.1%13.6%
HV 20d32.4%27.2%38.1%28.0%37.5%
HV 60d40.6%38.3%43.0%43.0%40.9%
IV Rank21.4%10.2%56.5%10.6%56.5%
IV Percentile22.2%8.7%65.5%8.7%65.5%
Term Structure1.5%-2.6%8.7%0.2%-2.3%
VWIV41.5%35.8%49.4%35.8%47.6%
Skew 25d1.5%0.2%2.4%1.9%2.4%
Skew 10d3.2%0.4%5.1%3.7%4.3%
Call IV 25d41.8%36.9%56.0%37.3%56.0%
Put IV 25d43.2%38.1%58.4%39.2%58.4%
Bid-Ask Spread %5.662.7511.864.313.98
Gamma HHI0.080.060.120.070.06
Net GEX27.7M-2.7M84.2M5.2M16.8M
Net DEX-1.23B-1.81B-699.8M-884.5M-954.3M
Net VEX-8.7M-9.9M-8.0M-8.0M-9.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.171.140.630.34
Total Volume71,636.61931,418215,94137,28672,603
Total OI371,232.81278,539409,502363,742363,591

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$188.27$170.0037.4%10.1%28.0%10.6%35.8%1.9%0.2%5.2M-884.5M-8.0M0.634.31N/AN/A22,85514,431194,138169,604
2024-01-03$185.04$170.0037.8%10.1%27.7%11.6%35.8%1.3%0.3%-2.7M-699.8M-8.1M0.762.75N/AN/A23,49817,916199,862173,929
2024-01-04$184.92$180.0037.7%11.0%27.2%11.4%38.5%1.5%0.1%-2.4M-741.5M-8.2M0.944.74N/AN/A17,60416,589205,372177,403
2024-01-05$189.18$180.0037.3%10.8%28.3%10.3%38.5%1.3%0.2%13.9M-1.00B-8.3M0.758.04N/AN/A30,33422,851209,548180,995
2024-01-08$196.50$180.0038.0%11.0%30.9%12.1%38.6%1.0%0.2%32.6M-1.42B-8.3M0.425.64N/AN/A37,76715,939197,783172,630
2024-01-09$196.63$180.0037.7%10.9%30.5%11.4%38.2%1.3%0.4%38.8M-1.44B-8.4M0.617.10N/AN/A21,85113,280206,442176,289
2024-01-10$197.08$185.0038.1%11.0%30.4%12.3%39.3%1.4%0.2%39.5M-1.46B-8.4M0.643.77N/AN/A29,41418,889208,770181,366
2024-01-11$196.13$185.0037.4%10.8%30.4%10.6%38.2%1.4%0.3%28.8M-1.35B-8.3M0.674.17N/AN/A32,40821,594210,827185,917
2024-01-12$191.18$185.0037.2%10.7%31.4%10.2%37.5%1.1%0.1%7.5M-971.4M-8.2M0.995.18N/AN/A33,69033,421217,020192,482
2024-01-16$187.31$185.0039.2%11.2%31.1%14.8%39.6%1.8%-0.6%820.1K-816.1M-8.1M0.8811.86N/AN/A16,68314,735202,343182,478
2024-01-17$187.54$185.0039.7%11.4%31.1%16.0%40.5%1.9%-0.8%1.2M-830.9M-8.1M1.143.34N/AN/A16,56818,916207,878186,180
2024-01-18$187.39$185.0039.7%11.4%31.0%16.0%39.9%2.0%-0.3%-2.3M-838.3M-8.1M0.526.62N/AN/A30,98916,209210,082188,016
2024-01-19$192.74$185.0039.7%11.4%32.9%16.0%40.5%1.6%-1.0%12.9M-1.23B-8.3M0.248.75N/AN/A78,63319,098215,476191,715
2024-01-22$200.26$185.0041.9%12.4%35.0%21.3%44.2%0.8%8.7%45.1M-1.26B-8.5M0.207.22N/AN/A109,19221,335154,097124,442
2024-01-23$204.58$185.0043.3%12.9%35.7%24.7%46.0%0.2%8.0%60.8M-1.56B-8.8M0.178.94N/AN/A183,78832,153178,498133,302
2024-01-24$205.03$190.0042.8%12.8%35.7%23.4%45.3%1.9%7.7%84.2M-1.80B-9.5M0.265.22N/AN/A132,79035,016215,695144,697
2024-01-25$205.18$190.0044.6%13.0%35.2%27.7%45.7%0.8%7.0%69.7M-1.73B-9.6M0.304.75N/AN/A72,51021,592219,676151,835
2024-01-26$202.49$190.0046.3%12.9%35.5%31.7%45.7%0.7%7.9%42.1M-1.49B-9.6M0.554.82N/AN/A49,81227,548224,830154,534
2024-01-29$210.00$190.0052.9%13.4%37.4%47.5%47.2%2.2%-2.5%47.6M-1.81B-9.7M0.293.66N/AN/A49,86914,576192,944142,108
2024-01-30$205.51$192.5055.6%14.0%38.1%53.9%49.4%2.3%-2.6%42.2M-1.61B-9.9M0.323.94N/AN/A34,35311,070203,852147,243
2024-01-31$195.25$192.5056.7%13.6%37.5%56.5%47.6%2.4%-2.3%16.8M-954.3M-9.7M0.343.98N/AN/A54,34618,257212,429151,162