Options Market Statistics: Snowflake Stock Has Best Day in Four Years After Earnings; Options Pop
News Highlights
1. $Snowflake (SNOW.US)$ soared 32% after the data-software company posted third-quarter adjusted earnings of 20 cents a share, topping estimates of 15 cents. Revenue was $942 billion, higher than forecasts of $899 million and better than $734 million in the year-ago quarter. Product revenue -- derived from the consumption of compute, storage, and data transfer resources by Snowflake customers -- in the period jumped 29% to $900 million, and Snowflake said it expects fiscal fourth-quarter product revenue of $906 million to $911 million, above estimates of $882 million.
The most traded calls are contracts of $175 strike price that expire on Nov. 22. The total volume reaches 28,777 with an open interest of 3,458.
2. $Alphabet-A (GOOGL.US)$ stock fell 4% on Thursday, with the most traded puts are contracts of $165 strike price that expire on Nov. 22. The total volume reaches 22,573 with an open interest of 4,598, and the most traded calls are contracts of $170 strike price that expire on Nov. 22. The total volume reaches 52,639 with an open interest of 1,831.
Sundar Pichai, the CEO of Alphabet, sold a significant portion of his Class C Capital Stock, amounting to a total value of approximately $3.98 million. The transactions took place on November 20, 2024, and were executed at prices ranging from $176.096 to $178.6811 per share.
Unusual Stock Options Activity
There was a noteworthy activity in $Alphabet-A (GOOGL.US)$, with $167.5 calls topping the highest volume to open interest ranking. The highest volume over open interest ratio reaches 102.7x with 21,571 contracts.
Daily Active Index & Sector ETF Options
Source: Barchart, Unusual Whales, The Guardian, Bloomberg, MarketWatch
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KT Number 1 Fan : "Revenue was $942 billion, higher than forecasts of $899 million" think there was a little typo there