SNOW Options History — February 2025

In February 2025, SNOW traded between $164.63 and $192.00. ATM implied volatility averaged 62.5%, placing in the 60.9% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded above realized volatility by 27.3% (HV 20d: 35.1%). Max pain ranged from $160.00 to $165.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.36.

Notable Days

  • 2025-02-27: Highest Volume — 240,898 contracts
  • 2025-02-27: Largest IV drop — 34.6% change
  • 2025-02-26: Highest IV Rank — 74.7%
  • 2025-02-26: Largest Expected Move — 22.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$182.09$164.63$192.00$183.49$174.99
Max Pain$162.11$160.00$165.00$160.00$165.00
ATM IV62.5%43.2%68.9%62.2%43.2%
Expected Move16.8%11.8%22.2%12.0%12.6%
HV 20d35.1%31.8%42.6%34.8%37.1%
HV 60d58.3%37.9%67.8%67.7%39.5%
IV Rank60.9%19.5%74.7%60.4%19.5%
IV Percentile84.9%49.2%95.6%82.9%49.2%
Term Structure-3.1%-6.4%-0.6%-2.8%-1.2%
VWIV58.9%41.2%77.2%42.1%44.1%
Skew 25d0.4%-1.2%2.9%0.4%2.8%
Skew 10d1.5%-1.1%5.9%0.7%5.6%
Call IV 25d62.6%42.0%67.6%61.8%42.0%
Put IV 25d63.0%44.7%68.5%62.3%44.7%
Bid-Ask Spread %19.4210.1438.1738.1721.26
Gamma HHI0.090.050.160.080.08
Net GEX56.6M14.4M104.4M57.6M30.8M
Net DEX-1.99B-2.87B-637.9M-2.17B-1.36B
Net VEX-12.6M-13.2M-12.2M-12.2M-13.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.190.570.330.49
Total Volume83,501.47432,658240,89839,758101,653
Total OI532,836.947475,214608,993486,430608,993

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$183.49$160.0062.2%12.0%34.8%60.4%42.1%0.4%-2.8%57.6M-2.17B-12.2M0.3338.17N/AN/A29,9489,810276,381210,049
2025-02-04$189.05$160.0063.7%12.2%34.6%63.5%42.8%-0.4%-3.0%68.4M-2.60B-12.3M0.2435.65N/AN/A63,82415,494281,704213,532
2025-02-05$187.52$160.0062.8%11.8%35.1%61.6%41.2%-0.3%-3.6%72.0M-2.50B-12.4M0.3238.10N/AN/A30,8039,990292,449217,880
2025-02-06$186.38$160.0063.5%16.5%31.8%63.1%57.8%-0.1%-6.4%73.4M-2.43B-12.5M0.3321.72N/AN/A34,45111,262298,224220,742
2025-02-07$184.25$160.0063.2%16.5%32.1%62.4%57.9%-0.1%-3.9%76.9M-2.19B-12.3M0.2512.15N/AN/A67,28216,532304,200223,803
2025-02-10$185.00$160.0063.8%17.0%32.1%63.7%59.5%0.2%-3.0%58.3M-2.21B-12.2M0.3511.80N/AN/A24,1328,526292,368215,921
2025-02-11$184.16$160.0064.4%17.3%32.1%65.0%60.4%-0.3%-3.3%56.6M-2.15B-12.3M0.1910.14N/AN/A35,6426,749297,045219,740
2025-02-12$186.71$160.0064.3%17.3%32.1%64.8%60.7%-0.9%-3.9%72.5M-2.39B-12.3M0.3714.04N/AN/A40,85515,090304,223221,789
2025-02-13$191.94$160.0064.7%17.6%32.6%65.7%61.7%-0.7%-4.0%104.4M-2.87B-12.6M0.2712.24N/AN/A85,74823,096311,778227,403
2025-02-14$188.54$160.0065.1%17.8%33.7%66.5%62.6%-0.2%-4.0%70.7M-2.50B-13.1M0.2312.59N/AN/A90,42820,425325,358235,561
2025-02-18$192.00$160.0066.5%18.9%33.8%69.5%66.4%-1.2%-3.0%88.6M-2.77B-13.0M0.3214.34N/AN/A64,89120,779310,530227,161
2025-02-19$186.82$165.0065.2%18.7%35.6%66.7%65.9%-0.9%-2.4%64.7M-2.31B-12.9M0.5012.74N/AN/A42,61321,320320,831235,016
2025-02-20$184.37$165.0064.4%18.7%35.8%65.1%65.4%0.3%-3.9%43.0M-2.04B-13.1M0.4715.54N/AN/A39,13518,495325,155247,635
2025-02-21$176.76$165.0065.3%19.0%38.9%67.0%66.2%1.2%-2.0%14.4M-1.43B-12.9M0.3116.50N/AN/A60,76918,882327,784253,273
2025-02-24$171.56$165.0064.5%19.7%40.4%65.2%68.6%1.3%-3.5%24.2M-978.2M-12.6M0.5318.60N/AN/A38,58920,379266,722208,492
2025-02-25$164.63$165.0066.3%20.9%42.6%69.2%72.7%2.9%-3.4%18.1M-637.9M-12.4M0.4017.68N/AN/A60,89924,082277,691217,861
2025-02-26$167.12$165.0068.9%22.2%34.5%74.7%77.2%0.9%-1.2%23.4M-883.2M-12.8M0.5723.77N/AN/A109,94063,117287,833225,363
2025-02-27$174.35$165.0045.1%13.4%37.9%23.5%46.3%2.4%-0.6%56.7M-1.37B-12.9M0.4622.01N/AN/A165,50975,389339,471253,941
2025-02-28$174.99$165.0043.2%12.6%37.1%19.5%44.1%2.8%-1.2%30.8M-1.36B-13.2M0.4921.26N/AN/A68,41133,242345,424263,569