SNOW Options History — February 2024

In February 2024, SNOW traded between $186.70 and $235.76. ATM implied volatility averaged 58.2%, placing in the 61.5% IV rank vs the trailing year. The 30-day expected move averaged 17.2%. IV traded above realized volatility by 5.3% (HV 20d: 53.0%). Max pain ranged from $185.00 to $200.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.47.

Notable Days

  • 2024-02-29: Highest Volume — 555,186 contracts
  • 2024-02-29: Largest IV drop — 28.3% change
  • 2024-02-28: Highest IV Rank — 80.1%
  • 2024-02-28: Largest Expected Move — 22.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$222.62$186.70$235.76$199.90$186.70
Max Pain$189.00$185.00$200.00$185.00$200.00
ATM IV58.2%44.6%62.1%55.5%44.6%
Expected Move17.2%13.7%22.0%14.8%13.7%
HV 20d53.0%37.5%93.4%37.5%93.4%
HV 60d40.7%38.0%59.3%40.3%59.3%
IV Rank61.5%32.6%80.1%53.7%32.6%
IV Percentile75.3%26.6%91.3%62.3%26.6%
Term Structure-3.0%-5.3%-1.9%-2.4%-1.9%
VWIV60.8%50.3%77.7%51.9%50.3%
Skew 25d0.0%-1.7%2.0%2.0%-1.7%
Skew 10d1.0%-4.0%3.9%3.9%-4.0%
Call IV 25d59.0%47.2%63.9%55.5%47.2%
Put IV 25d59.0%45.6%62.7%57.5%45.6%
Bid-Ask Spread %4.063.105.934.415.93
Gamma HHI0.100.060.270.070.08
Net GEX50.8M-30.7M93.7M31.1M-30.7M
Net DEX-2.34B-3.70B497.9M-1.24B497.9M
Net VEX-11.0M-11.6M-9.6M-9.8M-10.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.290.800.370.65
Total Volume112,234.738,567555,18648,932555,186
Total OI413,248.3364,224483,831374,217483,831

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$199.90$185.0055.5%14.8%37.5%53.7%51.9%2.0%-2.4%31.1M-1.24B-9.8M0.374.41N/AN/A35,67713,255217,927156,290
2024-02-02$218.58$185.0056.1%15.0%48.2%55.0%52.6%0.4%-3.1%93.7M-2.78B-9.6M0.294.40N/AN/A232,89667,458223,967161,309
2024-02-05$214.72$185.0058.3%15.8%48.7%60.3%55.1%0.9%-2.4%56.1M-2.12B-10.7M0.373.69N/AN/A67,27624,751231,269155,826
2024-02-06$212.28$185.0057.3%15.5%47.6%57.9%54.3%1.4%-2.7%55.2M-1.99B-10.9M0.313.82N/AN/A47,44014,914243,526161,912
2024-02-07$217.94$185.0056.7%15.4%48.3%56.6%54.2%1.3%-2.9%75.5M-2.43B-10.9M0.404.11N/AN/A45,93518,186245,710166,978
2024-02-08$223.25$185.0057.5%15.8%48.7%58.5%55.6%0.6%-2.7%87.9M-2.85B-11.1M0.353.72N/AN/A76,78526,898249,195173,896
2024-02-09$233.79$185.0058.4%16.2%50.5%60.6%56.6%0.2%-3.0%71.7M-3.70B-11.0M0.323.81N/AN/A143,12345,592253,612180,380
2024-02-12$231.85$185.0060.5%17.0%49.3%65.6%60.4%-0.8%-3.1%57.4M-3.05B-11.3M0.434.30N/AN/A76,37433,221242,898172,475
2024-02-13$227.38$185.0059.8%17.0%49.2%63.9%60.1%-0.4%-2.8%55.5M-2.75B-11.6M0.544.71N/AN/A43,18123,129264,418185,441
2024-02-14$235.76$185.0058.7%16.8%50.0%61.3%59.6%-0.5%-2.5%70.3M-3.36B-11.5M0.503.85N/AN/A36,24717,978263,514188,521
2024-02-15$231.62$190.0058.7%17.0%50.9%61.3%60.0%-0.7%-2.3%62.7M-3.02B-11.5M0.414.12N/AN/A34,80614,254265,443192,162
2024-02-16$229.75$190.0058.6%17.1%50.8%61.0%60.2%-0.5%-2.6%47.4M-2.84B-11.3M0.603.74N/AN/A33,28720,076268,725195,558
2024-02-20$218.81$190.0060.5%18.5%53.5%65.6%65.4%1.0%-2.9%26.8M-1.72B-11.1M0.603.42N/AN/A39,27423,678224,344152,883
2024-02-21$215.51$190.0061.1%18.9%53.5%67.0%66.6%0.9%-3.0%23.1M-1.55B-11.2M0.634.24N/AN/A23,72114,846232,034159,878
2024-02-22$227.47$190.0059.9%18.2%56.5%64.2%64.3%0.2%-3.9%50.9M-2.27B-11.2M0.583.57N/AN/A31,30118,152236,636163,479
2024-02-23$229.19$190.0058.2%18.4%56.5%60.0%65.3%-0.6%-2.9%70.1M-2.36B-11.1M0.413.25N/AN/A52,43421,514241,312167,266
2024-02-26$231.95$195.0060.1%20.1%56.1%70.3%70.9%-0.5%-4.0%36.1M-2.38B-10.9M0.503.10N/AN/A30,79215,463210,334153,890
2024-02-27$234.99$195.0062.0%21.4%55.1%75.2%75.4%-1.1%-3.8%39.2M-2.57B-11.1M0.423.16N/AN/A40,73716,972220,694160,866
2024-02-28$230.88$200.0062.1%22.0%54.8%80.1%77.7%-1.1%-5.3%36.9M-2.34B-11.3M0.805.93N/AN/A93,02374,862228,650167,917
2024-02-29$186.70$200.0044.6%13.7%93.4%32.6%50.3%-1.7%-1.9%-30.7M497.9M-10.0M0.655.93N/AN/A335,755219,431269,737214,094