SNOW Options History — April 2024

In April 2024, SNOW traded between $144.73 and $160.74. ATM implied volatility averaged 46.9%, placing in the 41.4% IV rank vs the trailing year. The 30-day expected move averaged 12.1%. IV traded above realized volatility by 15.6% (HV 20d: 31.3%). Max pain ranged from $160.00 to $170.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.55.

Notable Days

2024-04-11: Highest Volume — 85,428 contracts
2024-04-22: Largest IV spike — 8.7% change
2024-04-30: Highest IV Rank — 86.9%
2024-04-30: Largest Expected Move — 13.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$153.50	$144.73	$160.74	$160.74	$155.66
Max Pain	$165.34	$160.00	$170.00	$170.00	$160.00
ATM IV	46.9%	39.8%	62.3%	39.8%	62.3%
Expected Move	12.1%	10.6%	13.8%	10.7%	13.8%
HV 20d	31.3%	25.2%	36.9%	36.9%	35.4%
HV 60d	60.9%	57.4%	62.0%	61.1%	57.4%
IV Rank	41.4%	20.4%	86.9%	20.4%	86.9%
IV Percentile	44.5%	22.6%	92.9%	22.6%	92.9%
Term Structure	2.7%	-1.6%	12.2%	-0.9%	-1.6%
VWIV	42.8%	37.8%	48.9%	38.2%	48.9%
Skew 25d	1.0%	-0.8%	3.5%	-0.8%	2.4%
Skew 10d	1.5%	-2.7%	4.1%	-2.7%	-0.5%
Call IV 25d	46.6%	39.6%	60.1%	41.0%	60.1%
Put IV 25d	47.6%	40.1%	62.5%	40.1%	62.5%
Bid-Ask Spread %	12.66	5.47	24.06	9.35	14.33
Gamma HHI	0.07	0.04	0.33	0.05	0.05
Net GEX	1.2M	-44.3M	45.9M	12.2M	10.9M
Net DEX	317.9M	-231.9M	784.9M	131.2M	61.7M
Net VEX	-10.9M	-11.6M	-10.0M	-11.6M	-11.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.55	0.33	1.10	0.33	0.38
Total Volume	54,899.864	31,427	85,428	50,349	38,724
Total OI	509,831.773	447,306	546,261	507,162	476,510

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-04-01	$160.74	$170.00	39.8%	10.7%	36.9%	20.4%	38.2%	-0.8%	-0.9%	12.2M	131.2M	-11.6M	0.33	9.35	N/A	N/A	37,721	12,628	302,341	204,821
2024-04-02	$156.03	$167.50	39.9%	10.6%	34.0%	20.6%	37.9%	-0.1%	0.1%	-4.3M	457.9M	-11.1M	0.39	5.47	N/A	N/A	46,208	17,988	309,138	209,707
2024-04-03	$152.99	$165.00	40.5%	10.6%	26.9%	22.3%	37.8%	-0.6%	0.1%	-14.7M	603.3M	-10.8M	0.48	7.50	N/A	N/A	52,949	25,157	317,179	211,956
2024-04-04	$151.04	$170.00	41.3%	11.9%	27.0%	24.6%	42.6%	-0.8%	-1.0%	-16.5M	618.5M	-10.7M	0.43	24.06	N/A	N/A	49,757	21,184	327,992	211,764
2024-04-05	$153.63	$170.00	40.8%	11.7%	27.7%	23.1%	41.5%	0.5%	-0.2%	-5.6M	440.7M	-11.1M	0.64	14.47	N/A	N/A	42,956	27,692	331,772	214,489
2024-04-08	$154.84	$170.00	40.6%	11.7%	25.2%	22.8%	41.8%	0.6%	0.4%	362.1K	338.4M	-11.0M	0.46	5.47	N/A	N/A	21,502	9,925	305,748	203,893
2024-04-09	$155.14	$170.00	40.1%	11.5%	25.2%	21.2%	40.5%	1.2%	-0.1%	3.2M	313.3M	-11.0M	0.41	20.33	N/A	N/A	27,153	11,011	311,474	206,971
2024-04-10	$152.91	$170.00	40.2%	11.6%	25.6%	21.4%	40.2%	-0.1%	0.1%	-4.2M	458.4M	-10.8M	1.10	14.69	N/A	N/A	27,967	30,699	316,344	210,429
2024-04-11	$159.79	$165.00	39.8%	11.5%	30.4%	20.4%	40.7%	0.3%	0.2%	29.5M	-119.7M	-11.4M	0.50	10.83	N/A	N/A	56,925	28,503	320,392	211,074
2024-04-12	$158.03	$165.00	41.6%	12.0%	29.3%	25.7%	42.2%	0.2%	0.2%	7.1M	30.4M	-11.4M	0.58	23.60	N/A	N/A	50,469	29,099	324,394	214,902
2024-04-15	$151.21	$170.00	44.6%	12.7%	33.1%	34.5%	44.7%	1.8%	11.4%	-5.8M	484.6M	-10.6M	0.63	14.74	N/A	N/A	31,705	19,937	308,461	202,235
2024-04-16	$151.19	$165.00	43.9%	12.6%	33.1%	32.5%	43.8%	2.1%	12.2%	-8.3M	510.5M	-10.6M	0.59	12.56	N/A	N/A	27,487	16,205	314,823	210,389
2024-04-17	$149.33	$165.00	44.1%	12.6%	33.3%	33.0%	44.6%	1.0%	10.6%	-15.8M	602.6M	-10.5M	0.48	18.75	N/A	N/A	31,652	15,304	319,627	214,216
2024-04-18	$148.28	$165.00	46.0%	12.5%	29.7%	38.6%	43.6%	1.7%	11.9%	-19.1M	588.8M	-10.4M	0.80	11.36	N/A	N/A	26,044	20,904	326,127	211,528
2024-04-19	$144.73	$165.00	49.3%	12.9%	29.8%	48.3%	45.3%	1.8%	11.9%	-44.3M	784.9M	-10.0M	0.78	13.74	N/A	N/A	31,017	24,247	327,579	212,348
2024-04-22	$148.18	$165.00	53.5%	12.5%	31.5%	60.9%	43.8%	3.5%	-0.6%	-3.3M	467.6M	-10.3M	0.41	9.81	N/A	N/A	34,847	14,154	255,309	191,997
2024-04-23	$151.53	$160.00	53.9%	12.6%	32.8%	62.2%	43.9%	-0.7%	2.1%	10.6M	230.3M	-10.7M	0.47	7.11	N/A	N/A	29,423	13,714	269,276	195,575
2024-04-24	$154.41	$160.00	55.4%	12.7%	33.6%	66.6%	44.9%	2.1%	1.4%	21.6M	32.6M	-11.0M	0.46	10.60	N/A	N/A	31,497	14,411	277,565	199,268
2024-04-25	$151.90	$160.00	57.7%	13.2%	33.8%	73.4%	46.5%	2.8%	0.5%	14.9M	198.2M	-10.8M	0.65	9.92	N/A	N/A	23,220	15,135	281,961	203,065
2024-04-26	$158.33	$160.00	56.1%	12.1%	36.8%	68.7%	42.8%	2.9%	1.5%	45.9M	-231.9M	-11.3M	0.50	9.76	N/A	N/A	46,628	23,131	285,608	208,627
2024-04-29	$157.12	$160.00	60.6%	13.0%	36.8%	81.9%	45.8%	1.4%	-1.3%	11.1M	-9.1M	-11.1M	0.61	10.01	N/A	N/A	31,629	19,289	260,654	196,771
2024-04-30	$155.66	$160.00	62.3%	13.8%	35.4%	86.9%	48.9%	2.4%	-1.6%	10.9M	61.7M	-11.1M	0.38	14.33	N/A	N/A	28,055	10,669	272,185	204,325