A Closer Look at Snowflake's Options Market Dynamics - Snowflake (NYSE:SNOW)

Financial giants have made a conspicuous bearish move on Snowflake. Our analysis of options history for Snowflake (NYSE:SNOW) revealed 21 unusual trades.

Delving into the details, we found 23% of traders were bullish, while 47% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $149,740, and 17 were calls, valued at $1,233,994.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $65.0 to $210.0 for Snowflake over the recent three months.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Snowflake's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Snowflake's significant trades, within a strike price range of $65.0 to $210.0, over the past month.

Snowflake Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
SNOW	CALL	TRADE	NEUTRAL	06/20/25	$25.6	$25.15	$25.35	$160.00	$134.3K	1.4K	114
SNOW	CALL	SWEEP	BEARISH	06/20/25	$25.65	$25.1	$25.28	$160.00	$128.9K	1.4K	61
SNOW	CALL	TRADE	NEUTRAL	02/21/25	$59.5	$54.1	$56.9	$110.00	$113.8K	395	22
SNOW	CALL	TRADE	BEARISH	01/16/26	$22.25	$21.3	$21.39	$200.00	$106.9K	4.5K	59
SNOW	CALL	SWEEP	NEUTRAL	01/17/25	$0.69	$0.68	$0.69	$190.00	$105.7K	8.6K	1.6K

About Snowflake

Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that went public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to buy and ingest data, while its data solutions can be hosted on various public clouds.

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 1,475,165, with SNOW's price down by -2.92%, positioned at $161.43.
RSI indicators show the stock to be is currently neutral between overbought and oversold.
Earnings announcement expected in 65 days.

What The Experts Say On Snowflake

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $195.0.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Wedbush has elevated its stance to Outperform, setting a new price target at $190. * In a cautious move, an analyst from JMP Securities downgraded its rating to Market Outperform, setting a price target of $190. * An analyst from Loop Capital persists with their Buy rating on Snowflake, maintaining a target price of $205. * An analyst from Barclays persists with their Equal-Weight rating on Snowflake, maintaining a target price of $190. * An analyst from Jefferies has decided to maintain their Buy rating on Snowflake, which currently sits at a price target of $200.

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.

SNOWSnowflake Inc

$268.74-0.06%

Overview

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