Snowflake Stock Options
SNOW Stock | USD 162.22 4.71 2.99% |
Snowflake's latest option contracts expiring on January 10th 2025 are carrying combined implied volatility of 0.67 with a put-to-call open interest ratio of 2.76 over 40 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on January 10th 2025. The total put volume is at 52.0, with calls trading at the volume of 241. This yields a 0.22 put-to-call volume ratio.
Open Interest Against January 10th 2025 Option Contracts
Snowflake option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Snowflake's lending market. For example, when Snowflake's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Snowflake, he or she must hedge the risk by shorting Snowflake stock over its option's life.
2025-01-10
The chart above shows Snowflake's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Snowflake's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Snowflake's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Snowflake
Analyzing Snowflake's in-the-money options over time can help investors to take a profitable long position in Snowflake regardless of its overall volatility. This is especially true when Snowflake's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Snowflake's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Snowflake's stock while costing only a fraction of its price.
Snowflake In The Money Call Balance
When Snowflake's strike price is surpassing the current stock price, the option contract against Snowflake stock is said to be in the money. When it comes to buying Snowflake's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Snowflake are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Snowflake Current Options Market Mood
Snowflake's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Snowflake Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Unfortunately, most Snowflake's options investors are not very successful. Snowflake's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Snowflake contract
Base on the Rule 16, the options market is currently suggesting that Snowflake will have an average daily up or down price movement of about 0.0419% per day over the life of the 2025-01-10 option contract. With Snowflake trading at USD 162.22, that is roughly USD 0.0679. If you think that the market is fully incorporating Snowflake's daily price movement you should consider buying Snowflake options at the current volatility level of 0.67%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Snowflake |
Purchasing Snowflake options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Snowflake calls. Remember, the seller must deliver Snowflake stock to the call owner when a call is exercised.
Snowflake Option Chain
When Snowflake's strike price is surpassing the current stock price, the option contract against Snowflake stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Snowflake's option chain is a display of a range of information that helps investors for ways to trade options on Snowflake. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Snowflake. It also shows strike prices and maturity days for a Snowflake against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. Open Int | Strike Price | Current Spread | Last Price | |||
Call | SNOW250110C00085000 | 0 | 85.0 | 88.65 - 92.9 | 88.65 | In |
Call | SNOW250110C00090000 | 0 | 90.0 | 83.8 - 87.8 | 83.8 | In |
Call | SNOW250110C00095000 | 0 | 95.0 | 79.0 - 82.85 | 79.0 | In |
Call | SNOW250110C00100000 | 0 | 100.0 | 74.25 - 77.85 | 74.25 | In |
Call | SNOW250110C00105000 | 0 | 105.0 | 69.0 - 72.9 | 69.0 | In |
Call | SNOW250110C00110000 | 0 | 110.0 | 64.3 - 67.95 | 64.3 | In |
Call | SNOW250110C00115000 | 0 | 115.0 | 58.1 - 63.0 | 58.1 | In |
Call | SNOW250110C00120000 | 0 | 120.0 | 53.2 - 58.05 | 53.2 | In |
Call | SNOW250110C00125000 | 0 | 125.0 | 48.35 - 53.05 | 48.35 | In |
Call | SNOW250110C00130000 | 0 | 130.0 | 44.0 - 48.35 | 44.0 | In |
Call | SNOW250110C00172500 | 10 | 172.5 | 9.8 - 12.05 | 10.52 | In |
Call | SNOW250110C00175000 | 1 | 175.0 | 8.55 - 9.0 | 9.2 | Out |
Call | SNOW250110C00177500 | 1 | 177.5 | 7.45 - 7.95 | 8.59 | Out |
Call | SNOW250110C00180000 | 3 | 180.0 | 6.45 - 6.9 | 7.3 | Out |
Call | SNOW250110C00185000 | 1 | 185.0 | 4.75 - 5.15 | 5.35 | Out |
Call | SNOW250110C00190000 | 2 | 190.0 | 3.45 - 3.75 | 3.9 | Out |
Call | SNOW250110C00192500 | 1 | 192.5 | 2.95 - 3.25 | 3.4 | Out |
Call | SNOW250110C00195000 | 6 | 195.0 | 2.54 - 2.82 | 2.92 | Out |
Call | SNOW250110C00200000 | 10 | 200.0 | 1.86 - 2.06 | 1.95 | Out |
Call | SNOW250110C00205000 | 2 | 205.0 | 1.34 - 1.55 | 1.91 | Out |
Put | SNOW250110P00085000 | 0 | 85.0 | 0.0 - 4.3 | 4.3 | |
Put | SNOW250110P00090000 | 0 | 90.0 | 0.0 - 4.3 | 4.3 | |
Put | SNOW250110P00095000 | 0 | 95.0 | 0.0 - 4.3 | 4.3 | |
Put | SNOW250110P00100000 | 0 | 100.0 | 0.0 - 4.3 | 4.3 | |
Put | SNOW250110P00105000 | 0 | 105.0 | 0.0 - 4.3 | 4.3 | |
Put | SNOW250110P00110000 | 0 | 110.0 | 0.0 - 4.3 | 4.3 | |
Put | SNOW250110P00115000 | 0 | 115.0 | 0.0 - 4.3 | 4.3 | |
Put | SNOW250110P00120000 | 0 | 120.0 | 0.0 - 4.35 | 4.35 | |
Put | SNOW250110P00125000 | 0 | 125.0 | 0.0 - 4.4 | 4.4 | |
Put | SNOW250110P00130000 | 0 | 130.0 | 0.0 - 4.45 | 4.45 | |
Put | SNOW250110P00150000 | 25 | 150.0 | 0.92 - 1.11 | 1.7 | Out |
Put | SNOW250110P00152500 | 1 | 152.5 | 1.16 - 1.38 | 1.95 | Out |
Put | SNOW250110P00155000 | 1 | 155.0 | 1.47 - 1.73 | 2.48 | Out |
Put | SNOW250110P00160000 | 15 | 160.0 | 2.4 - 2.68 | 2.35 | Out |
Put | SNOW250110P00165000 | 10 | 165.0 | 3.75 - 4.0 | 3.8 | Out |
Put | SNOW250110P00167500 | 24 | 167.5 | 4.5 - 4.9 | 6.17 | Out |
Put | SNOW250110P00170000 | 12 | 170.0 | 5.5 - 5.9 | 5.45 | Out |
Put | SNOW250110P00175000 | 12 | 175.0 | 7.75 - 8.2 | 10.08 | Out |
Put | SNOW250110P00180000 | 1 | 180.0 | 10.55 - 11.75 | 10.4 | In |
Put | SNOW250110P00195000 | 1 | 195.0 | 20.55 - 22.65 | 22.08 | In |
Snowflake Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
Timeline |
Snowflake Common Stock Total Equity
Common Stock Total Equity |
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Snowflake Corporate Management
Marcin Zukowski | CoFounder Engineering | Profile | |
Brad Burns | Chief Officer | Profile | |
Muralidhar | Chief Officer | Profile | |
Tyler Prince | Senior Channels | Profile | |
Sylvia Pagan | Chief Officer | Profile | |
Thierry Cruanes | CoFounder CTO | Profile |
Additional Tools for Snowflake Stock Analysis
When running Snowflake's price analysis, check to measure Snowflake's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Snowflake is operating at the current time. Most of Snowflake's value examination focuses on studying past and present price action to predict the probability of Snowflake's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snowflake's price. Additionally, you may evaluate how the addition of Snowflake to your portfolios can decrease your overall portfolio volatility.