Snowflake Whale Trades Noticed – Snowflake (NYSE:SNOW)

A whale with some huge cash to spend has taken a noticeably bearish stance on Snowflake.

choices historical past for Snowflake SNOW we detected 11 unusual trades.

If we contemplate the specifics of every commerce, it’s correct to state that 18% of the traders opened trades with bullish expectations and 81% with bearish.

From the general noticed trades, 3 are places, for a complete quantity of $117,142 and eight, calls, for a complete quantity of $314,817.

What’s The Worth Goal?

Considering the Quantity and Open Curiosity on these contracts, it seems that whales have been concentrating on a worth vary from $60.0 to $430.0 for Snowflake during the last 3 months.

Quantity & Open Curiosity Improvement

Wanting on the quantity and open curiosity is a strong transfer whereas buying and selling choices. This information may help you observe the liquidity and curiosity for Snowflake’s choices for a given strike worth. Beneath, we will observe the evolution of the quantity and open curiosity of calls and places, respectively, for all of Snowflake’s whale trades inside a strike worth vary from $60.0 to $430.0 within the final 30 days.

Snowflake Choice Quantity And Open Curiosity Over Final 30 Days

Largest Choices Noticed:









Image PUT/CALL Commerce Kind Sentiment Exp. Date Strike Worth Complete Commerce Worth Open Curiosity Quantity
SNOW CALL TRADE BULLISH 01/19/24 $60.00 $74.4K 159 29
SNOW PUT TRADE NEUTRAL 01/20/23 $430.00 $45.6K 6 2
SNOW CALL TRADE BULLISH 09/16/22 $210.00 $43.5K 2.6K 2.8K
SNOW CALL SWEEP BEARISH 10/21/22 $240.00 $37.2K 421 528
SNOW PUT SWEEP BEARISH 09/16/22 $210.00 $36.9K 610 24









Image PUT/CALL Commerce Kind Sentiment Exp. Date Strike Worth Complete Commerce Worth Open Curiosity Quantity
SNOW CALL TRADE BULLISH 01/19/24 $60.00 $74.4K 159 29
SNOW PUT TRADE NEUTRAL 01/20/23 $430.00 $45.6K 6 2
SNOW CALL TRADE BULLISH 09/16/22 $210.00 $43.5K 2.6K 2.8K
SNOW CALL SWEEP BEARISH 10/21/22 $240.00 $37.2K 421 528
SNOW PUT SWEEP BEARISH 09/16/22 $210.00 $36.9K 610 24

The place Is Snowflake Standing Proper Now?

  • With a quantity of two,143,707, the value of SNOW is up 2.07% at $202.07.
  • RSI indicators trace that the underlying inventory could also be approaching overbought.
  • Subsequent earnings are anticipated to be launched in 76 days.

What The Specialists Say On Snowflake:

  • Barclays has determined to take care of their Chubby score on Snowflake, which presently sits at a worth goal of $207.
  • Raymond James has determined to take care of their Outperform score on Snowflake, which presently sits at a worth goal of $197.
  • Oppenheimer has determined to take care of their Outperform score on Snowflake, which presently sits at a worth goal of $230.
  • JP Morgan has determined to take care of their Chubby score on Snowflake, which presently sits at a worth goal of $210.
  • Rosenblatt has determined to take care of their Purchase score on Snowflake, which presently sits at a worth goal of $245.

Choices are a riskier asset in comparison with simply buying and selling the inventory, however they’ve increased revenue potential. Critical choices merchants handle this threat by educating themselves day by day, scaling out and in of trades, following multiple indicator, and following the markets intently.

If you wish to keep up to date on the newest choices trades for Snowflake, Benzinga Professional offers you real-time choices trades alerts.

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