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Snowflake options imply 11.3% move in share price post-earnings

Snowflake options imply 11.3% move in share price post-earnings

Pre-earnings options volume in Snowflake (SNOW) is 1.5x normal with calls leading puts 2:1. Implied volatility suggests the market is anticipating a move near 11.3%, or $18.81, after results are released. Median move over the past eight quarters is 13.6%.

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