SNOW Options History — October 2025

In October 2025, SNOW traded between $229.95 and $274.06. ATM implied volatility averaged 48.4%, placing in the 41.2% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 11.4% (HV 20d: 37.0%). Max pain ranged from $200.00 to $225.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 0.44.

Notable Days

2025-10-02: Highest Volume — 96,913 contracts
2025-10-16: Largest IV spike — 13.6% change
2025-10-27: Highest IV Rank — 57.4%
2025-10-16: Largest Expected Move — 16.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$249.14	$229.95	$274.06	$229.95	$274.06
Max Pain	$213.70	$200.00	$225.00	$210.00	$225.00
ATM IV	48.4%	41.9%	55.6%	41.9%	51.1%
Expected Move	14.7%	11.8%	16.1%	11.8%	13.4%
HV 20d	37.0%	29.0%	41.3%	29.0%	35.4%
HV 60d	53.4%	50.6%	55.1%	52.1%	50.6%
IV Rank	41.2%	26.6%	57.4%	26.6%	47.4%
IV Percentile	53.2%	40.9%	64.7%	40.9%	57.5%
Term Structure	2.9%	-3.1%	10.0%	1.9%	10.0%
VWIV	51.8%	41.3%	56.4%	41.3%	46.9%
Skew 25d	2.5%	-5.3%	8.8%	1.0%	3.5%
Skew 10d	7.3%	0.7%	23.9%	6.3%	4.1%
Call IV 25d	47.2%	40.9%	55.2%	40.9%	47.8%
Put IV 25d	49.7%	41.9%	57.8%	41.9%	51.3%
Bid-Ask Spread %	51.17	31.73	62.31	40.05	57.84
Gamma HHI	0.09	0.07	0.13	0.09	0.09
Net GEX	85.3M	57.3M	127.6M	74.6M	127.6M
Net DEX	-3.46B	-4.85B	-2.50B	-2.50B	-4.85B
Net VEX	-16.8M	-17.2M	-16.1M	-16.1M	-17.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.44	0.24	0.83	0.34	0.43
Total Volume	46,335.87	11,241	96,913	44,629	71,621
Total OI	491,400	453,878	529,769	468,907	508,674

Daily Data (23 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
2025-10-01	$229.95	$210.00	41.9%	11.8%	29.0%	26.6%	41.3%	1.0%	1.9%	74.6M	-2.50B	-16.1M	0.34	40.05	N/A	N/A	33,233	11,396	266,051	202,856
2025-10-02	$240.21	$210.00	42.3%	11.9%	31.1%	27.4%	41.7%	1.5%	0.4%	109.7M	-3.37B	-16.2M	0.24	31.73	N/A	N/A	78,379	18,534	273,961	205,908
2025-10-03	$235.96	$210.00	42.2%	11.8%	31.9%	27.2%	41.7%	2.2%	0.8%	104.6M	-3.00B	-16.4M	0.40	35.89	N/A	N/A	40,617	16,328	287,104	210,750
2025-10-06	$243.80	$200.00	44.5%	14.6%	33.6%	32.5%	51.5%	4.0%	-0.7%	87.5M	-3.42B	-16.2M	0.38	49.80	N/A	N/A	36,999	14,041	270,675	201,930
2025-10-07	$235.97	$200.00	44.0%	14.6%	35.6%	31.2%	52.9%	2.0%	-0.5%	72.9M	-2.82B	-16.3M	0.69	52.85	N/A	N/A	30,184	20,875	277,397	206,438
2025-10-08	$249.13	$210.00	44.7%	15.0%	40.1%	32.8%	52.9%	1.1%	-0.9%	103.7M	-3.88B	-16.6M	0.42	50.58	N/A	N/A	60,455	25,245	282,186	217,665
2025-10-09	$251.34	$210.00	43.8%	14.7%	39.9%	30.9%	51.9%	1.2%	-0.4%	122.4M	-4.02B	-16.8M	0.36	54.59	N/A	N/A	48,235	17,507	291,058	226,200
2025-10-10	$243.74	$210.00	47.7%	15.7%	41.3%	39.5%	55.0%	2.4%	-2.9%	99.4M	-3.30B	-17.2M	0.48	58.35	N/A	N/A	43,981	21,256	300,205	229,564
2025-10-13	$246.92	$210.00	45.0%	15.0%	41.1%	33.5%	53.4%	1.8%	7.0%	74.0M	-3.43B	-16.8M	0.83	61.13	N/A	N/A	16,586	13,687	278,852	221,030
2025-10-14	$241.19	$210.00	43.6%	15.1%	38.5%	30.5%	53.8%	2.9%	9.0%	62.3M	-2.98B	-17.1M	0.56	60.22	N/A	N/A	16,316	9,147	283,193	227,714
2025-10-15	$241.38	$210.00	43.5%	15.4%	38.6%	30.2%	54.2%	3.1%	10.0%	63.9M	-3.00B	-17.1M	0.41	61.84	N/A	N/A	18,685	7,571	285,375	229,206
2025-10-16	$240.45	$210.00	49.4%	16.1%	38.3%	43.5%	56.4%	3.4%	8.4%	59.5M	-2.94B	-17.1M	0.25	62.16	N/A	N/A	59,230	14,961	287,611	230,840
2025-10-17	$240.52	$210.00	48.4%	15.6%	36.8%	41.2%	55.0%	3.9%	9.3%	63.7M	-2.92B	-17.2M	0.43	61.00	N/A	N/A	26,648	11,386	293,951	233,740
2025-10-20	$242.17	$210.00	50.3%	14.9%	36.8%	45.4%	53.1%	2.6%	-0.4%	57.3M	-2.67B	-16.9M	0.35	62.31	N/A	N/A	8,328	2,913	252,900	200,978
2025-10-21	$246.79	$215.00	50.1%	14.7%	36.0%	45.1%	51.9%	3.1%	2.8%	71.7M	-2.97B	-17.0M	0.50	45.00	N/A	N/A	12,757	6,352	258,518	203,862
2025-10-22	$242.85	$220.00	55.2%	15.8%	36.4%	56.6%	55.4%	4.2%	3.1%	60.1M	-2.67B	-17.1M	0.55	46.22	N/A	N/A	13,729	7,487	260,991	205,779
2025-10-23	$252.32	$220.00	54.5%	15.5%	38.2%	54.9%	54.8%	2.6%	1.6%	89.6M	-3.33B	-16.9M	0.59	45.05	N/A	N/A	20,243	11,894	259,782	207,753
2025-10-24	$258.30	$220.00	54.8%	15.5%	38.6%	55.6%	55.0%	2.3%	2.5%	99.0M	-3.85B	-16.6M	0.30	43.64	N/A	N/A	43,114	12,956	266,235	211,044
2025-10-27	$265.81	$220.00	55.6%	15.5%	39.3%	57.4%	52.8%	-5.3%	-3.1%	76.7M	-4.12B	-16.7M	0.34	43.60	N/A	N/A	41,592	14,318	259,503	205,089
2025-10-28	$267.41	$225.00	51.9%	15.1%	39.0%	49.2%	52.8%	8.8%	3.5%	86.4M	-4.36B	-17.0M	0.35	46.73	N/A	N/A	21,414	7,415	274,897	211,391
2025-10-29	$268.97	$225.00	54.5%	16.0%	38.9%	55.0%	56.2%	3.9%	3.5%	89.1M	-4.46B	-17.0M	0.38	47.07	N/A	N/A	18,587	7,054	279,859	214,366
2025-10-30	$271.02	$225.00	53.9%	14.6%	36.5%	53.6%	50.6%	2.1%	2.4%	105.8M	-4.62B	-16.8M	0.61	59.31	N/A	N/A	20,227	12,242	282,750	216,369
2025-10-31	$274.06	$225.00	51.1%	13.4%	35.4%	47.4%	46.9%	3.5%	10.0%	127.6M	-4.85B	-17.0M	0.43	57.84	N/A	N/A	50,221	21,400	286,666	222,008