Whales with a lot of money to spend have taken a noticeably bearish stance on Snowflake.

Looking at options history for Snowflake (NYSE:SNOW) we detected 30 trades.

If we consider the specifics of each trade, it is accurate to state that 43% of the investors opened trades with bullish expectations and 56% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $205,795 and 25, calls, for a total amount of $2,816,827.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $160.0 to $230.0 for Snowflake during the past quarter.

Volume & Open Interest Trends

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Snowflake's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Snowflake's whale activity within a strike price range from $160.0 to $230.0 in the last 30 days.

Snowflake 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

About Snowflake

In light of the recent options history for Snowflake, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Present Market Standing of Snowflake

• Trading volume stands at 1,935,753, with SNOW's price down by -0.2%, positioned at $209.12.
• RSI indicators show the stock to be may be approaching overbought.
• Earnings announcement expected in 29 days.

Professional Analyst Ratings for Snowflake

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $210.0.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Snowflake, Benzinga Pro gives you real-time options trades alerts.