Moderately bullish activity in Snowflake (SNOW), with shares up $10.16, or 4.53%, near $234.52. Options volume relatively light with 36k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.66. Implied volatility (IV30) is higher by 1.6 points near 39.54,and below the 52wk median, suggesting an expected daily move of $5.84. Put-call skew flattened, suggesting a modestly bullish tone.
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