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Snowflake Inc. (SNOW)

Overview · Option chain · Volatility · Expected-move history · Earnings

Price (delayed) 305.84 -4.36%
Expected moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast. · Sep 18 ±21.0%
Expected range 298.25456.75
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.66.6%
IV percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history). 93/universe
P/C volumePut volume (or open interest) divided by call volume (or open interest). A descriptive activity measure — it does not by itself say what traders expect.0.69
P/C open interest0.86
Next earnings Dec 02

Cboe delayed options data · as of 09:38 UTC · Figures derived from the full chain (2,586 contracts, 18 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)

Expected move — Sep 18, 2026 (15 days)

Methodology →

Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.

298.2456.8377.5 current

Options are pricing a move of about ±21.0% (range 298.25–456.75) by Sep 18, 2026. ATM straddle: 79.25 @ strike 380 · ATM IV: 81.1%.

Probability distribution

Model & assumptions →

The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.

377.5298.2456.8
expected-move bandmodel density
Levelvs priceP(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction.P(below)
339.75 -10% 71.2% 28.8%
358.62 -5% 59.1% 40.9%
377.50 +0% 46.7% 53.3%
396.38 +5% 35.2% 64.8%
415.25 +10% 25.4% 74.6%

Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.

Probability explorer

Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.

P(finish above)
P(finish below)
P(touch, approx.)

Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions

ExpiresDTEDays to expiration, in calendar days.Implied moveATM IVOpen int.
Sep 04, 2026 1 ±19.7% 193.8% 99.3K
Sep 11, 2026 8 ±20.0% 98.0% 38.7K
Sep 18, 2026 15 ±21.0% 81.1% 82.9K
Sep 25, 2026 22 ±20.4% 73.9% 4,341
Oct 02, 2026 29 ±20.7% 67.2% 2,962
Oct 09, 2026 36 ±21.1% 64.0% 1,184
Oct 16, 2026 43 ±22.3% 60.2% 26.2K
Oct 23, 2026 50 0
Nov 20, 2026 78 ±24.7% 56.8% 22.8K
Dec 18, 2026 106 ±27.3% 58.1% 73.8K
Jan 15, 2027 134 ±28.7% 55.9% 134.8K
Feb 19, 2027 169 ±30.5% 54.6% 7,311

Open interest by strike — Sep 18

Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.

285.0297.5307.5317.5327.5337.5350.0370.0410.0450.0377.5
callsputs

Largest open-interest concentrations (all expirations ≤ 60 days): 330 C · 13.2K360 C · 12.8K250 P · 8,826355 C · 8,348375 C · 7,053

IV term structure

Volatility page →

At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.

51%103%154%205%1d29d197d

When does open interest expire?

19%This week17%This month56%Later

Implied vs realized volatility

29.6%44.0%58.4%72.8%Aug 31Sep 02
IV30HV20

HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method

Price, last 60 sessions

Track record

Full history →

Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.

Past earnings reactions

Aug 24-12.7%Nov 24+31.6%Feb 25+5.8%May 25+11.1%Aug 25+24.0%Dec 25-9.6%Feb 26+7.5%May 26+34.7%
implied (when recorded)actual reaction

Avg |reaction| 13.7% · median 11.7% (20 reports) — two-session close-to-close window; definition

About Snowflake Inc.

Snowflake Inc. delivers a cloud-centric data platform to customers across both the United States and international markets. The company's core offering, known as the Data Cloud, enables users to unify disparate data sources into a singular, reliable foundation. This unified data then facilitates the extraction of crucial business intelligence, the creation of innovative data-driven applications, and secure data sharing. This adaptable platform serves a wide array of organizations, encompassing various sizes and industries. Originating in 2012, the enterprise was initially recognized as Snowflake Computing, Inc., before officially rebranding to Snowflake Inc. in April 2019. Its principal operations are conducted from Bozeman, Montana.

Technology · Software - Application · NYSE · Profile: Financial Modeling Prep

SNOW news

All news →

Snowflake spikes 22% on healthy results and AI coding momentum

Snowflake business is growing quickly, in part thanks to adoption of an artificial intelligence agent for writing code.

CNBC · Sep 02, 20:28 UTC ↗

Snowflake’s stock soars as the company blows away estimates with its AI-fueled forecast

Companies looking to build AI tools on top of their data are turning to Snowflake, driving robust revenue growth.

MarketWatch · Sep 02, 20:14 UTC ↗

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