SNOW Options History — August 2024

In August 2024, SNOW traded between $111.83 and $135.21. ATM implied volatility averaged 59.6%, placing in the 57.8% IV rank vs the trailing year. The 30-day expected move averaged 16.0%. IV traded above realized volatility by 2.5% (HV 20d: 57.1%). Max pain ranged from $123.00 to $140.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.79.

Notable Days

2024-08-22: Highest Volume — 436,193 contracts
2024-08-22: Largest IV drop — 31.4% change
2024-08-01: Highest IV Rank — 100.0%
2024-08-05: Largest Expected Move — 21.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$121.19	$111.83	$135.21	$122.33	$113.68
Max Pain	$135.73	$123.00	$140.00	$139.00	$123.00
ATM IV	59.6%	37.3%	80.7%	69.6%	37.3%
Expected Move	16.0%	10.5%	21.5%	15.6%	10.5%
HV 20d	57.1%	40.8%	74.2%	40.8%	69.0%
HV 60d	45.2%	39.4%	52.1%	39.4%	51.2%
IV Rank	57.8%	9.2%	100.0%	100.0%	9.2%
IV Percentile	76.3%	13.9%	100.0%	100.0%	13.9%
Term Structure	-2.6%	-9.4%	1.4%	-7.3%	0.6%
VWIV	55.3%	37.0%	72.6%	54.0%	37.0%
Skew 25d	4.3%	-1.5%	11.1%	-1.5%	1.1%
Skew 10d	7.5%	-0.8%	18.7%	5.3%	1.1%
Call IV 25d	57.1%	36.6%	76.3%	71.7%	36.6%
Put IV 25d	61.4%	37.7%	84.7%	70.3%	37.7%
Bid-Ask Spread %	17.09	7.26	25.43	9.79	11.91
Gamma HHI	0.06	0.03	0.23	0.05	0.07
Net GEX	-4.8M	-39.6M	13.0M	-12.3M	-11.3M
Net DEX	521.4M	-198.2M	1.06B	693.8M	687.0M
Net VEX	-9.3M	-10.5M	-8.2M	-9.6M	-8.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.79	0.42	1.33	1.00	0.42
Total Volume	95,122.545	23,789	436,193	97,312	101,355
Total OI	566,533.091	458,549	709,975	551,824	633,376

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
2024-08-01	$122.33	$139.00	69.6%	15.6%	40.8%	100.0%	54.0%	-1.5%	-7.3%	-12.3M	693.8M	-9.6M	1.00	9.79	N/A	N/A	48,630	48,682	322,028	229,796
2024-08-02	$118.17	$135.00	71.6%	16.3%	41.6%	100.0%	56.4%	3.7%	-9.4%	-15.4M	912.6M	-9.2M	0.84	25.43	N/A	N/A	38,290	31,986	333,418	238,119
2024-08-05	$112.09	$140.00	80.7%	21.5%	44.4%	100.0%	72.6%	8.3%	-0.2%	-7.3M	911.4M	-8.6M	0.89	19.72	N/A	N/A	22,911	20,451	309,626	223,169
2024-08-06	$116.28	$140.00	73.7%	19.5%	47.1%	85.5%	67.0%	8.0%	-2.4%	-7.3M	785.7M	-9.0M	0.70	21.57	N/A	N/A	20,587	14,448	314,848	222,875
2024-08-07	$116.00	$140.00	73.5%	19.4%	47.1%	85.1%	65.6%	10.6%	-1.9%	-7.6M	772.0M	-9.0M	0.85	21.61	N/A	N/A	27,103	22,957	319,003	226,331
2024-08-08	$121.79	$140.00	70.7%	18.6%	51.2%	79.1%	62.4%	9.5%	-1.0%	-652.9K	520.0M	-9.7M	1.33	19.39	N/A	N/A	23,419	31,093	325,021	233,424
2024-08-09	$123.86	$140.00	69.9%	18.3%	51.9%	77.5%	62.7%	7.8%	-4.5%	9.8M	380.8M	-9.8M	0.70	21.53	N/A	N/A	27,847	19,629	330,497	235,733
2024-08-12	$122.52	$140.00	70.7%	18.8%	51.6%	79.1%	64.0%	11.1%	-4.0%	-4.5M	502.2M	-9.6M	0.92	21.73	N/A	N/A	12,407	11,382	314,568	225,758
2024-08-13	$127.68	$140.00	69.0%	18.1%	53.9%	75.5%	62.2%	5.7%	-5.5%	3.3M	245.3M	-10.0M	0.59	16.55	N/A	N/A	27,596	16,235	318,118	228,189
2024-08-14	$126.65	$140.00	67.6%	18.1%	53.8%	72.7%	62.4%	5.0%	-4.9%	2.4M	310.2M	-9.8M	1.01	19.47	N/A	N/A	13,186	13,274	322,412	231,587
2024-08-15	$126.51	$140.00	62.7%	17.1%	53.1%	62.4%	58.5%	5.9%	-3.8%	1.0M	343.2M	-9.5M	1.04	18.65	N/A	N/A	36,462	37,899	326,163	237,388
2024-08-16	$128.51	$140.00	63.1%	17.3%	53.4%	63.1%	61.0%	3.9%	-3.9%	13.0M	185.7M	-9.7M	0.59	23.55	N/A	N/A	32,153	19,083	334,430	240,872
2024-08-19	$131.49	$140.00	61.0%	17.1%	53.3%	58.7%	58.9%	3.3%	-4.3%	6.2M	47.4M	-9.8M	0.56	15.93	N/A	N/A	35,304	19,676	249,091	209,458
2024-08-20	$131.44	$140.00	62.9%	17.9%	53.3%	62.8%	61.7%	3.5%	-0.7%	6.8M	33.4M	-9.9M	0.64	11.83	N/A	N/A	33,417	21,291	260,277	219,994
2024-08-21	$135.21	$140.00	65.1%	18.7%	51.0%	67.3%	64.2%	2.7%	-3.3%	11.5M	-198.2M	-10.5M	0.55	15.54	N/A	N/A	127,607	70,566	273,361	227,926
2024-08-22	$116.14	$140.00	44.6%	12.8%	73.7%	24.5%	45.1%	1.5%	0.0%	-35.2M	1.06B	-8.2M	0.86	7.26	N/A	N/A	234,778	201,415	336,174	275,287
2024-08-23	$115.69	$130.00	40.1%	11.5%	73.6%	14.9%	40.7%	0.4%	-0.2%	-39.6M	828.1M	-8.8M	0.64	13.33	N/A	N/A	134,384	86,044	407,434	302,541
2024-08-26	$118.22	$125.00	39.7%	11.4%	74.2%	14.1%	40.6%	0.2%	0.0%	6.3M	402.4M	-9.2M	0.51	13.61	N/A	N/A	75,115	38,405	337,372	247,065
2024-08-27	$115.83	$125.00	38.3%	11.0%	74.2%	11.2%	38.5%	2.1%	-0.2%	-3.8M	617.3M	-8.7M	0.56	16.72	N/A	N/A	39,170	21,849	346,798	252,390
2024-08-28	$111.83	$125.00	40.3%	11.8%	73.7%	15.3%	41.7%	1.0%	1.4%	-16.5M	832.5M	-8.4M	1.05	17.02	N/A	N/A	58,514	61,327	355,598	252,925
2024-08-29	$114.28	$124.00	39.6%	11.2%	70.0%	14.0%	39.2%	0.0%	-0.7%	-3.4M	595.8M	-8.7M	1.21	13.87	N/A	N/A	51,860	62,909	370,485	262,803
2024-08-30	$113.68	$123.00	37.3%	10.5%	69.0%	9.2%	37.0%	1.1%	0.6%	-11.3M	687.0M	-8.5M	0.42	11.91	N/A	N/A	71,444	29,911	370,439	262,937