What Are Whales Doing With Snowflake – Snowflake (NYSE:SNOW)

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

choices historical past for Snowflake SNOW we detected 23 unusual trades.

If we take into account the specifics of every commerce, it’s correct to state that 73% of the traders opened trades with bullish expectations and 26% with bearish.

From the general noticed trades, 15 are places, for a complete quantity of $709,769 and eight, calls, for a complete quantity of $611,505.

What’s The Value Goal?

Making an allowance for the Quantity and Open Curiosity on these contracts, it seems that whales have been concentrating on a value vary from $160.0 to $270.0 for Snowflake over the past 3 months.

Quantity & Open Curiosity Improvement

Wanting on the quantity and open curiosity is a strong transfer whereas buying and selling choices. This knowledge can assist you observe the liquidity and curiosity for Snowflake’s choices for a given strike value. Under, 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 value vary from $160.0 to $270.0 within the final 30 days.

Snowflake Possibility Quantity And Open Curiosity Over Final 30 Days

Largest Choices Noticed:









Image PUT/CALL Commerce Kind Sentiment Exp. Date Strike Value Complete Commerce Value Open Curiosity Quantity
SNOW CALL SWEEP NEUTRAL 11/18/22 $190.00 $184.6K 174 105
SNOW CALL TRADE BULLISH 09/16/22 $170.00 $109.2K 1.3K 370
SNOW PUT TRADE BULLISH 09/30/22 $170.00 $81.9K 67 105
SNOW PUT TRADE BULLISH 09/30/22 $205.00 $81.0K 8 30
SNOW CALL TRADE BULLISH 10/21/22 $160.00 $78.9K 357 25









Image PUT/CALL Commerce Kind Sentiment Exp. Date Strike Value Complete Commerce Value Open Curiosity Quantity
SNOW CALL SWEEP NEUTRAL 11/18/22 $190.00 $184.6K 174 105
SNOW CALL TRADE BULLISH 09/16/22 $170.00 $109.2K 1.3K 370
SNOW PUT TRADE BULLISH 09/30/22 $170.00 $81.9K 67 105
SNOW PUT TRADE BULLISH 09/30/22 $205.00 $81.0K 8 30
SNOW CALL TRADE BULLISH 10/21/22 $160.00 $78.9K 357 25

The place Is Snowflake Standing Proper Now?

  • With a quantity of 6,082,169, the value of SNOW is down -2.75% at $181.3.
  • RSI indicators trace that the underlying inventory could also be approaching overbought.
  • Subsequent earnings are anticipated to be launched in 92 days.

What The Specialists Say On Snowflake:

  • JP Morgan has determined to take care of their Obese score on Snowflake, which at present sits at a value goal of $210.
  • Guggenheim downgraded its motion to Promote with a value goal of $125
  • Baird has determined to take care of their Outperform score on Snowflake, which at present sits at a value goal of $215.
  • Rosenblatt has determined to take care of their Purchase score on Snowflake, which at present sits at a value goal of $245.
  • Canaccord Genuity has determined to take care of their Purchase score on Snowflake, which at present sits at a value goal of $200.

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

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

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