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Mixed options sentiment in Snowflake with shares up 1.14%

Mixed options sentiment in Snowflake (SNOW), with shares up $2.54, or 1.14%, near $224.13. Options volume relatively light with 24k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.49. Implied volatility (IV30) dropped 0.31 near 39.19,and below the 52wk median, suggesting an expected daily move of $5.53. Put-call skew flattened, suggesting a modestly bullish tone.

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