Moderately bullish activity in Snowflake (SNOW), with shares up $9.04, or 6.68%, near $144.51. Options volume roughly in line with average with 59k contracts traded and calls leading puts for a put/call ratio of 0.95, compared to a typical level near 1.09. Implied volatility (IV30) is higher by 1.0 points near 63.02,in the top quartile of the past year, suggesting an expected daily move of $5.74. Put-call skew flattened, suggesting a modestly bullish tone.
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