Snowflake (SNOW) Protective Put Calculator

Calculator · free · no signup · SNOW

Price a protective put or zero-cost collar on Snowflake. Annual cost, max loss, upside cap, tax treatment, auto-filled from current SNOW option chain.

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About Snowflake

Snowflake (SNOW) is a public Data company, incorporated in Delaware and headquartered in Menlo Park, CA. IPO'd Sep 16, 2020.

Last close: $238.32 per share (as of 2026-06-16).

Equity grants at Snowflake typically include incentive stock options (ISOs), non-qualified stock options (NSOs), and restricted stock units (RSUs).

Snowflake Inc. is an American cloud-based artificial intelligence (AI) data platform company founded in San Mateo, California, and headquartered in Menlo Park. It operates a platform that supports data analysis and simultaneous access to data sets with minimal latency. It operates on Amazon Web Services, Microsoft Azure, and Google Cloud Platform.

Source: Wikipedia (CC BY-SA 4.0)

Founded in 2012 by Benoit Dageville and Thierry Cruanes (former Oracle data architects) alongside Vectorwise co-founder Marcin Zukowski, Snowflake built a data warehouse designed natively for the cloud, running on top of AWS, Azure, and Google Cloud. The company went public on the NYSE under ticker SNOW in September 2020, raising $3.4 billion in what stood as the largest software IPO on record, with Frank Slootman at the helm. Sridhar Ramaswamy (formerly of Google Ads and Neeva) took over as CEO in February 2024 and rebranded the platform as the AI Data Cloud, launching the Cortex managed AI service and extending native support for Apache Iceberg.

Sources: en.wikipedia.org · snowflake.com · fortune.com

Equity comp at Snowflake

  • RSUs use single-trigger vesting: shares become yours as each portion vests on schedule, and the value is taxed as ordinary income at that point. No IPO or acquisition is required.

Researched 2026-05-07.

OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Snowflake.

A protective put caps your downside on the SNOW position at a chosen floor; a zero-cost collar pays for that floor by capping the upside. This calculator prices both structures off the current SNOW option chain, with annual cost, max loss, and tax-treatment notes.

Example: a 5,000-share SNOW position at $238.32 is worth $1,191,600. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $23,832 to $47,664) before any premium offset from a short call. The calculator prices both structures off SNOW's current option chain so you see the actual cost for your chosen floor, tenor, and cap.

All Snowflake tools → · Use the generic Protect Your Stock Calculator for any company.

Snowflake equity questions

How much does it cost to hedge SNOW stock?
The cost of a protective put depends on how far below the current price you set the floor, how long the protection lasts, and SNOW's option-implied volatility. A zero-cost collar lowers that cost by selling away some upside. The calculator above prices both structures off the current SNOW option chain and shows the annual cost, maximum loss, and tax treatment.
Does Snowflake grant ISOs, NSOs, or RSUs?
Equity compensation at Snowflake typically takes the form of incentive stock options (ISOs), non-qualified stock options (NSOs), and restricted stock units (RSUs). Incentive stock options can trigger the alternative minimum tax (AMT) when you exercise. Restricted stock units are taxed as ordinary income when they vest.
Do Snowflake RSUs use double-trigger vesting?
No. Snowflake restricted stock units (RSUs) use single-trigger vesting: each tranche becomes yours as it vests on schedule, taxed as ordinary income at that point, with no liquidity event required.
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