someone with a lot of money to spend has taken a bearish stance on snowflake snow and retail traders should know we noticed this today when the big position showed up on publicly available options history that we track here at benzinga whether this is an institution or just a wealthy individual we dont know but when something this big happens with snow it often means somebody knows something is about to happen so how do we know what this whale just did the overall sentiment of these bigmoney traders is split between 37 bullish and 62 bearish out of all of the special options we uncovered 18 are puts for a total amount of 2148296 and 11 are calls for a total amount of 490630 taking into account the volume and open interest on these contracts it appears that whales have been targeting a price range from 1200 to 2150 for snowflake over the last 3 months looking at the volume and open interest is a powerful move while trading options this data can help you track the liquidity and interest for snowflakes options for a given strike price below we can observe the evolution of the volume and open interest of calls and puts respectively for all of snowflakes whale trades within a strike price range from 1200 to 2150 in the last 30 days snowflake option volume and open interest over last 30 days where is snowflake standing right now   with a volume of 5064040 the price of snow is down 809 at 13763   rsi indicators hint that the underlying stock may be approaching overbought   next earnings are expected to be released in 86 days what the experts say on snowflake   needham has decided to maintain their buy rating on snowflake which currently sits at a price target of 165   credit suisse has decided to maintain their outperform rating on snowflake which currently sits at a price target of 200   jp morgan has decided to maintain their overweight rating on snowflake which currently sits at a price target of 180   ubs has decided to maintain their neutral rating on snowflake which currently sits at a price target of 140   mizuho has decided to maintain their buy rating on snowflake which currently sits at a price target of 185 options are a riskier asset compared to just trading the stock but they have higher profit potential serious options traders manage this risk by educating themselves daily scaling in and out of trades following more than one indicator and following the markets closely if you want to stay updated on the latest options trades for snowflake benzinga pro gives you realtime options trades alerts