SNOW Options History — January 2026

In January 2026, SNOW traded between $193.32 and $233.39. ATM implied volatility averaged 45.0%, placing in the 33.7% IV rank vs the trailing year. The 30-day expected move averaged 12.1%. IV traded above realized volatility by 9.8% (HV 20d: 35.3%). Max pain ranged from $200.00 to $230.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.72.

Notable Days

  • 2026-01-15: Highest Volume — 120,690 contracts
  • 2026-01-26: Largest IV spike — 14.9% change
  • 2026-01-29: Highest IV Rank — 65.3%
  • 2026-01-30: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$213.43$193.32$233.39$217.44$193.32
Max Pain$222.00$200.00$230.00$200.00$220.00
ATM IV45.0%36.4%59.1%36.4%57.1%
Expected Move12.1%10.1%13.9%10.1%13.9%
HV 20d35.3%25.8%48.5%47.6%48.5%
HV 60d41.8%40.0%44.8%41.0%44.8%
IV Rank33.7%14.2%65.3%14.2%60.8%
IV Percentile45.2%23.8%74.2%23.8%67.1%
Term Structure3.0%-1.8%11.9%1.1%11.9%
VWIV42.4%35.9%48.6%35.9%48.3%
Skew 25d2.2%-1.0%6.5%2.2%-1.0%
Skew 10d3.3%-6.5%7.0%5.2%-6.5%
Call IV 25d43.6%34.9%56.5%34.9%56.5%
Put IV 25d45.8%37.1%59.7%37.1%55.4%
Bid-Ask Spread %50.1337.0864.5553.7445.16
Gamma HHI0.060.050.080.060.08
Net GEX11.8M-16.6M59.5M1.8M-16.6M
Net DEX-870.9M-2.29B166.7M-981.8M166.7M
Net VEX-16.5M-17.2M-15.8M-16.8M-15.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.304.310.370.59
Total Volume41,908.4516,215120,69046,46231,382
Total OI481,628.05405,732558,377532,051444,056

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$217.44$200.0036.4%10.1%47.6%14.2%35.9%2.2%1.1%1.8M-981.8M-16.8M0.3753.74N/AN/A34,00212,460289,474242,577
2026-01-05$225.02$230.0036.6%10.7%25.8%14.6%37.4%1.8%1.1%31.4M-1.58B-17.0M0.6360.03N/AN/A20,71413,036277,068239,257
2026-01-06$232.85$230.0037.9%11.0%27.3%17.5%38.3%4.2%-1.5%52.6M-2.22B-17.2M0.3659.59N/AN/A23,4498,374281,740239,373
2026-01-07$233.39$230.0038.9%11.2%26.2%19.9%39.1%2.9%-0.3%59.5M-2.29B-17.2M0.4764.55N/AN/A26,30812,326286,768239,940
2026-01-08$224.27$230.0039.2%11.3%29.5%20.5%39.1%1.8%-0.8%30.3M-1.52B-16.9M0.4760.38N/AN/A21,0559,809288,834240,563
2026-01-09$219.32$230.0039.5%11.1%29.8%21.2%40.4%2.3%-0.1%4.3M-1.14B-16.6M0.5453.26N/AN/A29,50215,851293,823242,516
2026-01-12$220.43$230.0041.6%11.6%29.4%26.0%40.5%1.6%-0.5%18.0M-1.29B-16.6M0.9952.64N/AN/A17,94417,738282,648237,312
2026-01-13$207.76$220.0041.9%11.7%36.0%26.6%41.3%1.7%-0.9%-10.4M-486.7M-16.1M0.7450.65N/AN/A46,56734,623286,120247,805
2026-01-14$204.89$220.0042.7%12.2%36.1%28.3%42.5%1.8%0.6%-13.0M-375.1M-16.1M0.9553.08N/AN/A25,60024,224294,117253,246
2026-01-15$208.26$220.0043.0%11.9%35.2%29.1%41.8%1.3%-1.8%-1.2M-619.4M-16.3M4.3154.69N/AN/A22,73097,960297,139255,587
2026-01-16$210.56$220.0042.3%11.9%35.4%27.6%41.4%1.5%-1.3%20.7M-945.4M-16.4M0.3852.25N/AN/A33,37712,566304,826253,551
2026-01-20$205.82$220.0044.6%12.7%35.4%32.8%43.6%3.1%10.7%729.3K-303.2M-16.1M0.5540.79N/AN/A11,8256,516220,799184,933
2026-01-21$206.42$220.0044.0%12.6%35.3%31.4%43.9%2.6%4.3%1.2M-335.8M-16.2M0.6041.81N/AN/A10,1276,088222,687187,134
2026-01-22$210.32$220.0045.5%12.6%35.8%34.6%43.6%1.9%8.9%13.0M-518.8M-16.3M0.3544.44N/AN/A23,8298,424225,890187,378
2026-01-23$209.28$220.0047.6%12.6%35.8%39.5%44.0%2.0%11.0%4.9M-519.7M-16.5M0.3043.15N/AN/A25,7247,610231,696189,372
2026-01-26$212.08$220.0054.7%13.0%36.0%55.4%45.7%0.0%2.1%11.9M-688.0M-16.6M0.3044.91N/AN/A18,9885,734221,380184,429
2026-01-27$212.48$220.0055.7%13.4%36.0%57.7%46.6%6.5%3.7%16.6M-763.8M-16.8M0.4242.57N/AN/A11,7074,970227,325186,020
2026-01-28$216.50$220.0052.4%13.1%36.7%50.3%46.7%1.3%6.2%26.7M-1.02B-16.9M0.3447.77N/AN/A19,5226,556231,839188,677
2026-01-29$198.13$220.0059.1%13.8%48.1%65.3%48.6%3.7%5.6%-15.9M14.5M-15.9M0.8437.08N/AN/A42,91036,042234,633190,029
2026-01-30$193.32$220.0057.1%13.9%48.5%60.8%48.3%-1.0%11.9%-16.6M166.7M-15.8M0.5945.16N/AN/A19,72411,658244,315199,741