Snowflake (SNOW) shares of the software name are curling higher back into monthly value after the December pullback came back to test the open gap from its monster earnings gap and go move but held key support of 155 which lined up near the 2024 anchored VWAP as well. SNOW has a path to move back up to 170 as a first target being that monthly POC level of volume while a stronger rally would see upper value area at 178. Into the recent pullback SNOW saw large repeat buyers of over 4000 March $165 calls at $12.10 to $15. Also last month saw numerous opening put sales focused in February expiration with the $160, $150 and $145 puts sold to open in large size showing confidence in owning stock into these price levels just below here.