Technology
SNOW
Snowflake Inc.
Premium income from Snowflake (SNOW) covered calls and cash secured puts. High-growth cloud data platform.
Monthly Premium3.0-5.0%
Annualized Return36-60%
Stock Price$160-200
IV RankHigh (55-75)
Options LiquidityGood
Dividend Yield0%
Why SNOW for Covered Calls & Cash Secured Puts?
SNOW offers high premium due to growth stock volatility and cloud data warehouse leadership. AI data needs drive strong demand.
Example Covered Call Trade
SNOWCovered Call
Strike Price$200 (15% OTM)
Expiration30 days
Premium$7.00 per share
Return If Flat4.0% ($700)
Return If Called19.0% ($3,300)
Keep Probability62% keep shares
Recommended Strategy for SNOW
Aggressive strategy only. Sell calls 12-18% OTM to allow for volatility. Avoid earnings.
Risks to Consider
- Extreme valuation
- Competition from Databricks
- Consumption-based revenue volatility
- No profitability
Analyze SNOW Covered Calls Now
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