Unusual Options Activity & Dark Pool Volumes on Snowflake, Inc. (SNOW)

Seen below is Snowflake, Inc.’s historical price, in blue, since July 16th, 2021, and its requisite dark pool volumes seen in gray.  

There was noteworthy or unusual dark pool volume on August 20th, just ahead of unusual options activity reported on the 20th.

Seen in the chart below is SNOW’s day over day volumes since August 20th, 2021.

Options volume has increased steadily and has moved in tandem with the dark pool volume (above).

Unusual Options Activity & Dark Pool Volumes on Palantir Technologies Inc. (PLTR)

Additionally, among the underlying components of the NYSE, we saw noteworthy dark pool trading on Palantir Technologies Inc. (PLTR).

Seen below is Palantir Technologies Inc.’s historical price, in blue, since July 16th, 2021, and its requisite dark pool volumes seen in gray.  There was also noteworthy or unusual dark pool volume on August 20th.

Of note is that both Snowflake’s and Palantir’s dark pool volumes were synchronized with increased volume on August 20th.

On August 25th, Palantir’s price closed at $24.35 from its high on the 24th at $25.10; the morning of August 26th, Palantir affirmed that any information slippage was not due to any systems error, and later that day options order flow had shifted, as seen below:

As of before market open today, seen in the chart below, representing positions sized of at least $1,000 premium, Palantir’s option chains remain centered around the $25 strike price for both call and put options contracts; however, the bearish premium outweighs the bullish premium, approximately $4,386,944 premium compared to $2,799,189, respectively.

Furthemore, seen in the chart below, options contracts are primarily situated around the September 17th, 2021 expiration, again with bearish premium over the bullish of these dates.

Unusual Options Activity & Dark Pool Volumes on Salesorce.com, Inc. (CRM)

Finally, in the market capitalization-weighted index NASDAQ Global Select Market Composite (NasdaqGS), we saw noteworthy dark pool trading in Salesorce.com, Inc.

Seen below is Saleforce.com’s historical price, in blue, since July 16th, 2021, and its requisite dark pool volumes seen in gray.  As can be seen, dark pool activity has continued to increase day over day, reaching a high of 1,042,734 as of August 26th.

Per the chart below, representing CRM’s daily price since June 24th, 2021,, in blue, there was a high of 245,748 call volume yesterday, August 26th, represented in green.  The aggregate call to put volume was 64.6% to 35.4% respectively.

Below can be seen CRM’s day over day volumes since August 20th, 2021.  Options volume has increased steadily and has moved in tandem with the dark pool volume (above).

For further information on the unusual options and dark pool activities of SNOW, PLTR, and CRM, visit unusualwhales.com.