Moderately bullish activity in Snowflake (SNOW), with shares up $4.26, or 1.93%, near $225.41. Options volume relatively light with 31k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.55. Implied volatility (IV30) is higher by 1.3 points near 36.07,in the bottom quartile of the past year, suggesting an expected daily move of $5.12. Put-call skew flattened, suggesting a modestly bullish tone.
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