SNOW · expected move by expiry

Snowflake is priced to move 15.6% by 2026-Sep-04.

Options price a ±15.61% move (about $51.19) by 2026-Sep-04 (Fri), a range of 271.17 to 373.56 from the last price of 328.00. Max pain for that expiry is 320.00.

SNOW
Snowflake Inc.
Last
328.00 -1.11 (-0.3%)
Next expiry move
±15.61% 6 days
Vol regime
Low
Put / call
0.65
Weekend
Fetched 2026-08-30, 02:50:52 AM ET
expected range last price 328.00 max painAxis 241 to 402, shared by every row
Expiry
Expected range (1 SD)
Expected move
Max pain
Odds inside
2026-Sep-04Fri, 6 days
Expected move±15.61%±$51.19
Max pain320.002.4% below last price
Odds of closing inside71%put/call 0.65
2026-Sep-11Fri, 13 days
Expected move±16.54%±$54.25
Max pain320.002.4% below last price
Odds of closing inside69%put/call 0.43
2026-Sep-18Fri, 20 days
Expected move±18.00%±$59.04
Max pain250.0023.8% below last price
Odds of closing inside69%put/call 1.33
2026-Sep-25Fri, 27 days
Expected move±18.89%±$61.95
Max pain310.005.5% below last price
Odds of closing inside69%put/call 0.92
2026-Oct-02Fri, 34 days
Expected move±19.85%±$65.12
Max pain305.007.0% below last price
Odds of closing inside69%put/call 0.54
Options flow, nearest expiry
Caution

Bearish - options flow points to downside Score -0.53 on a -1 to +1 scale.

Key levels from open interest
320.00 / 340.00

Heaviest put open interest sits at 320.00 and heaviest call open interest at 340.00. Price tends to gravitate toward large open interest into expiry.

Setup
Pre-Earnings / IV Spike Setup

Read from implied volatility, momentum and breakout signals across the chain. Descriptive, not a forecast.

Reading the SNOW expected move table

Each row is one expiry. The shaded band is the one-standard-deviation range the option chain implies for SNOW on that date: the market gives roughly a two-in-three chance that SNOW closes inside it and a one-in-three chance it closes outside. The black tick is the last traded price, 328.00. The diamond is max pain, the strike where option holders would collect the least if the stock settled there.

The range widens with time because uncertainty compounds with the square root of time: the 2026-Oct-02 range (±19.85%) is wider than the 2026-Sep-04 range (±15.61%) even though the daily volatility behind both is the same. Read the methodology for the formulas, or the guide to what the expected move means in practice.

Figures are derived from delayed public option data and recalculated through the trading day. Nothing on this page is investment advice. Machine-readable version: /api/expected-move/SNOW.

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