Mixed options sentiment in Snowflake with shares down 1.47%

Mixed options sentiment in Snowflake (SNOW), with shares down $3.12 near $208.16. Options volume relatively light with 50k contracts traded and calls leading puts for a put/call ratio of 0.49, compared to a typical level near 0.56. Implied volatility (IV30) is higher by 1.8 points near 33.25,in the lowest 10% of observations over the past year, suggesting an expected daily move of $4.36. Put-call skew flattened, suggesting a modestly bullish tone.