Snowflake Shares Up 0.9% with Mixed Options Sentiment
Mixed options sentiment in Snowflake (SNOW), with shares up $1.29, or 0.9%, near $144.84. Options volume roughly in line with average with 39k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 1.05. Implied volatility (IV30) dropped 1.89 near 61.9,in the top quartile of the past year, suggesting an expected daily move of $5.65. Put-call skew flattened, suggesting a modestly bullish tone.