SNOW Options History — June 2025

In June 2025, SNOW traded between $208.10 and $223.97. ATM implied volatility averaged 32.1%, placing in the 2.2% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded below realized volatility by 5.0% (HV 20d: 37.2%). Max pain ranged from $160.00 to $185.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.47.

Notable Days

2025-06-24: Highest Volume — 103,048 contracts
2025-06-04: Largest IV spike — 8.7% change
2025-06-04: Highest IV Rank — 5.9%
2025-06-02: Largest Expected Move — 10.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$213.23	$208.10	$223.97	$210.03	$222.99
Max Pain	$173.75	$160.00	$185.00	$160.00	$185.00
ATM IV	32.1%	30.1%	35.5%	34.3%	31.8%
Expected Move	9.1%	8.2%	10.1%	10.1%	8.4%
HV 20d	37.2%	18.1%	44.4%	43.9%	22.2%
HV 60d	56.5%	54.3%	59.0%	59.0%	54.3%
IV Rank	2.2%	0.0%	5.9%	1.5%	3.3%
IV Percentile	1.5%	0.0%	4.8%	0.8%	3.2%
Term Structure	0.7%	-1.3%	2.7%	1.1%	0.1%
VWIV	32.1%	28.8%	35.8%	35.8%	30.2%
Skew 25d	2.9%	0.1%	4.1%	2.1%	1.8%
Skew 10d	5.8%	-11.3%	17.5%	2.5%	17.5%
Call IV 25d	30.8%	28.7%	33.9%	33.2%	32.1%
Put IV 25d	33.7%	31.3%	37.0%	35.3%	33.9%
Bid-Ask Spread %	24.73	7.41	62.45	25.84	8.72
Gamma HHI	0.10	0.08	0.24	0.08	0.09
Net GEX	84.3M	58.0M	113.8M	77.7M	81.9M
Net DEX	-3.44B	-3.70B	-2.74B	-3.61B	-3.29B
Net VEX	-14.7M	-15.1M	-14.1M	-14.9M	-14.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.47	0.16	1.18	0.46	0.65
Total Volume	47,281.4	17,454	103,048	48,498	19,262
Total OI	549,117.2	447,471	607,861	557,909	457,017

Daily Data (20 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
2025-06-02	$210.03	$160.00	34.3%	10.1%	43.9%	1.5%	35.8%	2.1%	1.1%	77.7M	-3.61B	-14.9M	0.46	25.84	N/A	N/A	33,106	15,392	307,861	250,048
2025-06-03	$208.34	$162.50	32.6%	9.7%	44.4%	0.0%	34.4%	0.1%	-0.6%	88.7M	-3.51B	-14.9M	0.34	17.11	N/A	N/A	26,735	9,176	320,960	257,641
2025-06-04	$209.42	$162.50	35.5%	9.5%	44.3%	5.9%	34.0%	3.1%	2.7%	95.4M	-3.62B	-14.9M	0.54	33.87	N/A	N/A	51,666	27,943	326,097	261,908
2025-06-05	$210.71	$170.00	32.9%	9.5%	44.3%	0.6%	33.3%	2.9%	1.0%	95.3M	-3.68B	-14.9M	0.51	61.57	N/A	N/A	27,308	13,846	329,619	271,544
2025-06-06	$211.03	$170.00	30.8%	9.1%	44.2%	0.0%	31.9%	2.2%	0.7%	90.6M	-3.70B	-14.7M	0.57	62.45	N/A	N/A	28,016	16,061	328,569	275,063
2025-06-09	$210.81	$170.00	31.5%	9.1%	43.9%	1.3%	31.5%	3.1%	0.1%	64.1M	-3.50B	-14.7M	0.83	55.31	N/A	N/A	15,747	13,107	307,273	254,631
2025-06-10	$208.10	$170.00	31.0%	9.1%	43.2%	0.4%	32.0%	3.8%	0.2%	59.1M	-3.29B	-14.8M	0.50	23.87	N/A	N/A	20,952	10,512	312,395	263,480
2025-06-11	$208.55	$170.00	31.9%	9.1%	43.3%	2.1%	32.5%	3.8%	-0.4%	63.8M	-3.30B	-14.9M	0.40	58.93	N/A	N/A	25,183	9,988	316,535	268,231
2025-06-12	$211.07	$170.00	31.5%	9.2%	43.0%	1.3%	32.6%	3.5%	0.9%	86.1M	-3.59B	-14.9M	0.16	34.33	N/A	N/A	76,935	12,665	327,059	272,084
2025-06-13	$208.32	$175.00	33.7%	9.5%	43.6%	5.7%	33.4%	3.1%	-0.6%	58.0M	-3.30B	-15.1M	0.45	22.50	N/A	N/A	30,546	13,753	332,933	274,928
2025-06-16	$209.30	$175.00	32.3%	9.2%	43.6%	2.9%	32.6%	3.2%	1.6%	69.2M	-3.32B	-14.7M	1.18	10.58	N/A	N/A	13,891	16,368	314,931	260,078
2025-06-17	$209.57	$175.00	33.2%	9.5%	43.2%	4.7%	33.7%	3.5%	0.4%	70.5M	-3.33B	-14.9M	0.46	13.27	N/A	N/A	11,920	5,534	319,010	261,618
2025-06-18	$212.32	$175.00	33.0%	9.5%	43.3%	4.3%	32.3%	3.2%	-0.3%	91.7M	-3.58B	-14.8M	0.40	8.03	N/A	N/A	29,307	11,818	320,959	262,177
2025-06-20	$211.91	$175.00	32.9%	9.4%	42.9%	4.3%	32.0%	3.1%	0.9%	113.8M	-3.63B	-14.6M	0.19	13.29	N/A	N/A	80,317	14,873	330,654	265,654
2025-06-23	$213.41	$175.00	32.0%	8.9%	18.1%	2.4%	31.2%	4.1%	-1.3%	80.0M	-2.74B	-14.6M	0.69	10.93	N/A	N/A	22,936	15,815	258,801	188,670
2025-06-24	$223.97	$180.00	30.8%	8.5%	23.9%	0.0%	30.2%	2.9%	2.2%	102.2M	-3.62B	-14.1M	0.22	7.41	N/A	N/A	84,231	18,817	263,211	187,210
2025-06-25	$221.63	$185.00	30.1%	8.3%	23.2%	0.0%	30.2%	2.9%	1.7%	104.1M	-3.40B	-14.5M	0.31	8.46	N/A	N/A	21,115	6,588	273,816	197,865
2025-06-26	$221.44	$185.00	31.2%	8.4%	23.0%	2.1%	29.8%	2.3%	2.0%	102.4M	-3.35B	-14.6M	0.27	7.97	N/A	N/A	39,832	10,602	275,640	200,043
2025-06-27	$221.66	$185.00	30.2%	8.2%	22.3%	0.1%	28.8%	2.6%	1.8%	92.2M	-3.39B	-14.6M	0.25	10.21	N/A	N/A	35,083	8,682	286,008	200,123
2025-06-30	$222.99	$185.00	31.8%	8.4%	22.2%	3.3%	30.2%	1.8%	0.1%	81.9M	-3.29B	-14.5M	0.65	8.72	N/A	N/A	11,643	7,619	267,489	189,528