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Mixed options sentiment in Snowflake with shares down 0.42%

Mixed options sentiment in Snowflake (SNOW), with shares down 57c near $133.67. Options volume roughly in line with average with 48k contracts traded and calls leading puts for a put/call ratio of 0.54, compared to a typical level near 1.15. Implied volatility (IV30) dropped 1.85 near 61.99,in the top quartile of the past year, suggesting an expected daily move of $5.22. Put-call skew flattened, suggesting a modestly bullish tone.

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