Snowflake Earnings Volatility Seen as Options Imply About 12% Swing
Options pricing has often underestimated Snowflake’s post-earnings stock moves: in May, a 12.2% implied move preceded a 41.1% surge, while February 2025 saw a 12.2% implied swing but a 9.9% drop. Similar gaps appeared in Aug. 2024 and other quarters. Ahead of the Sept. 2 report, shares could move about 12% in either direction.