Snowflake Shares Rise $21.41 to $248.47
Moderately bullish activity in Snowflake (SNOW), with shares up $21.41, or 9.43%, near $248.47. Options volume roughly in line with average with 72k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.53. Implied volatility (IV30) is higher by 3.4 points near 59.19,and above the 52wk median, suggesting an expected daily move of $9.26. Put-call skew flattened, suggesting a modestly bullish tone.