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SNOW Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete SNOW options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around SNOW.

Latest Data: 2026-04-02 (EDT)
Max Pain Price
162.5
Exp: 2026-04-02
Gamma Flip
165.83
Gamma Flip (≈60 days)
Put/Call OI Ratio
1.708
Shows put vs call positioning
IV Skew
-4.78
Put–call IV difference
Max Pain Price Volatility
σ = 42.81
high volatility
Confidence 88%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. Options Chian

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 80%

Current DPI is -0.499(neutral). ⏳ Neutral distribution, DPI neutral, but makers are actively shedding positions.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are moderately choppy. Options constraints exert a moderate influence on price behavior. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-04-17 options expiry. 100% confidence

The support levels for SNOW are at 146.68, 140.65, and 97.45, while the resistance levels are at 157.02, 163.05, and 206.25. The pivot point, a key reference price for traders, is at 162.50.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-04-02 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is neutral (-0.20), pin strength 0.90.


Based on same-day expiring options (0DTE), the ATM straddle implies an 1.43% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 147.65 156.33 , corresponding to +2.95% / -2.76% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.


Bullish flow suggests upside interest toward 158.97 (4.69% above spot).

Bearish positioning points to downside pressure toward 145.24 (4.35% below spot).


Options flow strength: 0.65 (0–1 scale). ATM Strike: 152.50, Call: 1.03, Put: 1.13, Straddle Cost: 2.17.


Price moves may extend once a direction forms. The short-term gamma flip is near 163.71 , with intermediate positioning around 165.83 . The mid-term gamma flip remains near 171.75.