Snowflake (SNOW) Options Chain

NYSE: SNOWTechnologyComputer Software: Prepackaged SoftwareUSD

368.89+25.49 (+7.42%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $368.89
Put/call ratio (OI): 0.91
Put/call ratio (volume): 1.81
ATM implied volatility: 55.7%
Expected move: ±$232.68
Open interest (C / P): 35.52K / 32.17K

SNOW options summary

The SNOW options chain for the January 21, 2028 expiration lists 63 call and 60 put contracts, with 468 days until expiration. Open interest stands at 35,520 calls and 32,173 puts, a put/call ratio of 0.91, which is fairly balanced between calls and puts. At-the-money implied volatility near the $370.00 strike is 55.7%, which implies the market expects a move of about ±$232.68 (63.1%) in Snowflake stock by expiration.

The most open interest sits at the $230.00 call (3.95K contracts) and the $160.00 put (5.09K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

SNOW options chain · January 21, 2028

SNOW calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
47	1	99.2%	268.50	303.00	313.00	65.00	0.00	0.96	0.95	68.2%	21	26
65	2	94.8%	242.31	299.00	307.00	70.00	0.18	0.89	0.66	66.2%	3	12
102	4	95.7%	264.17	294.00	304.00	75.00	0.13	1.19	0.90	65.4%	1	76
105	2	91.8%	258.50	290.00	298.00	80.00	0.50	1.21	0.98	65.3%	1	33
116	1	90.2%	251.26	285.00	294.00	85.00	0.57	1.47	1.94	64.5%	1	12
50	2	90.5%	249.70	281.00	290.00	90.00	0.53	1.63	2.27	62.6%	1	26
31	4	87.2%	246.27	276.00	285.00	95.00	0.73	1.89	2.71	62.2%	1	102
52	1	85.6%	216.49	272.00	280.00	100.00	0.98	2.16	2.35	61.9%	3	688
78	4	85.6%	237.56	267.00	277.00	105.00	0.00	0.00	4.79	25.0%	2	0
55	2	82.6%	204.05	263.00	271.00	110.00	1.52	2.39	2.73	59.9%	1	769
23	10	82.5%	224.85	258.00	268.00	115.00	1.97	2.63	3.60	59.6%	2	136
159	5	78.9%	224.78	254.00	261.35	120.00	2.04	2.99	3.60	58.6%	1	561
34	1	77.4%	197.85	250.00	256.30	125.00	2.75	3.60	4.60	59.4%	1	240
96	1	75.7%	226.66	245.00	252.00	130.00	2.95	4.00	4.50	58.6%	1	144
58	7	—	202.29	213.30	221.00	135.00	1.40	7.05	4.60	59.2%	9	96
0	1	—	199.00	0.00	0.00	140.00	2.58	7.30	6.75	59.4%	5	631
158	2	75.6%	204.80	233.00	241.00	145.00	4.60	6.60	7.32	59.3%	5	118
1,002	1	73.7%	190.00	229.00	235.45	150.00	5.10	5.85	5.74	57.0%	1	444
324	1	74.2%	201.17	225.00	232.65	155.00	5.75	7.00	6.39	57.4%	15	162
229	1	72.7%	209.00	220.00	228.60	160.00	5.45	7.75	7.43	56.1%	1	5,091
96	2	72.1%	188.05	217.00	223.60	165.00	6.65	9.10	10.45	57.0%	10	267
82	2	71.6%	192.20	213.00	219.90	170.00	6.35	8.65	10.35	54.5%	2	1,162
77	11	70.4%	187.57	209.00	215.15	175.00	8.25	10.85	9.20	56.6%	10	147
571	20	70.3%	189.71	205.00	212.10	180.00	8.70	10.50	10.14	54.9%	2	254
239	1	—	151.82	175.10	182.10	185.00	8.80	11.20	13.55	53.9%	3	97
192	6	68.5%	172.70	197.00	203.60	190.00	10.35	13.35	15.40	55.1%	1	2,145
264	15	68.4%	162.00	194.00	199.85	195.00	12.20	13.45	17.20	54.9%	25	74
3,624	4	69.3%	163.00	191.50	197.25	200.00	12.20	15.60	14.80	54.6%	9	1,174
411	16	67.8%	163.42	183.90	189.40	210.00	15.60	18.10	16.45	55.1%	15	765
1,335	1	66.7%	155.00	176.00	182.65	220.00	16.50	20.60	18.90	53.7%	7	1,444
3,954	5	66.6%	155.40	170.15	176.10	230.00	19.25	23.25	24.21	53.3%	12	4,319
351	1	65.8%	145.00	163.25	169.60	240.00	23.30	24.75	24.88	52.8%	15	1,945
350	1	65.0%	159.43	156.85	162.85	250.00	25.00	27.95	28.15	51.8%	1	918
2,222	1	65.3%	149.52	151.50	157.80	260.00	29.90	31.25	31.60	52.2%	370	783
472	20	64.7%	124.42	145.50	151.75	270.00	33.30	35.25	35.25	52.0%	4	151
404	1	63.0%	116.45	138.25	144.25	280.00	35.90	40.00	40.60	51.5%	1	157
864	1	63.0%	115.74	133.00	139.70	290.00	39.95	44.20	49.62	51.3%	1	116
1,566	2	63.0%	128.05	128.25	134.70	300.00	44.20	48.40	46.60	51.0%	4	3,823
1,909	2	62.2%	107.50	122.95	128.45	310.00	48.45	53.00	52.15	50.7%	7	174
1,741	4	61.9%	96.20	118.00	123.45	320.00	53.30	56.50	62.45	50.1%	2	40
269	1	61.5%	92.21	113.10	118.65	330.00	58.10	62.40	61.92	50.2%	1	148
2,297	6	61.2%	110.25	108.00	114.45	340.00	63.85	67.50	76.05	50.2%	3	135
448	1	61.8%	108.03	105.80	110.45	350.00	68.80	71.95	70.87	50.6%	1	996
577	3	61.4%	95.44	101.45	106.05	360.00	73.65	78.85	78.85	51.2%	6	78
SNOW $368.89
241	5	60.8%	77.08	96.00	102.10	370.00	79.25	83.95	81.31	50.6%	2	79
128	1	60.5%	87.22	92.00	98.10	380.00	85.10	90.20	90.10	50.6%	1	56
194	2	60.4%	74.55	89.50	93.45	390.00	91.20	95.90	105.30	50.2%	2	125
1,432	73	60.4%	86.69	86.05	90.35	400.00	97.80	101.00	104.00	49.3%	1	151
70	2	60.0%	76.35	81.65	86.95	410.00	103.90	107.30	119.50	49.0%	4	133
176	4	59.8%	76.60	78.35	83.55	420.00	110.65	114.75	126.67	49.4%	4	49
454	1	59.6%	72.30	75.65	79.75	430.00	116.00	120.75	129.88	48.8%	2	356
3,501	1	59.5%	56.89	72.70	76.75	440.00	122.40	127.45	144.20	48.5%	10	5
544	1	59.4%	70.63	68.80	74.80	450.00	129.20	134.10	134.80	48.1%	1	117
46	1	59.5%	67.88	67.10	71.85	460.00	0.00	0.00	176.65	—	7	0
127	5	59.5%	61.75	64.65	69.15	470.00	143.60	149.60	166.91	48.4%	2	3
46	21	58.9%	63.04	61.15	65.90	480.00	149.75	156.45	172.15	47.9%	4	30
58	22	59.2%	56.60	59.90	63.70	490.00	158.40	163.70	180.90	47.5%	50	103
621	75	59.0%	58.64	57.40	61.25	500.00	165.90	170.75	188.40	47.0%	50	172
95	1	58.7%	56.37	53.00	60.40	510.00	—	—	—	—	—	—
49	2	58.6%	49.70	52.10	56.90	520.00	—	—	—	—	—	—
80	1	57.8%	44.12	48.00	54.45	530.00	—	—	—	—	—	—
91	1	58.1%	41.71	46.00	53.90	540.00	196.30	202.35	221.51	46.2%	8	5
468	11	58.3%	49.10	45.95	50.90	550.00	205.50	210.45	236.13	46.0%	6	110

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the SNOW put/call ratio?

For the January 21, 2028 expiration, the SNOW put/call ratio based on open interest is 0.91 (32,173 puts vs 35,520 calls), and 1.81 based on today's volume. A ratio above 1 means more puts than calls.

What is SNOW's implied volatility?

At-the-money implied volatility for SNOW options expiring January 21, 2028 is about 55.7%, an annualized estimate of how much the market expects Snowflake stock to move.

How many SNOW option expiration dates are there?

SNOW has 17 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.