NFLX Options History — October 2007

In October 2007, NFLX traded between $0.30 and $0.38. ATM implied volatility averaged 50.8%, placing in the 49.5% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded above realized volatility by 2.5% (HV 20d: 48.3%). Max pain ranged from $0.25 to $0.32. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 1.44.

Notable Days

  • 2007-10-23: Highest Volume — 1,683,850 contracts
  • 2007-10-23: Largest IV drop — 43.2% change
  • 2007-10-22: Highest IV Rank — 100.0%
  • 2007-10-22: Largest Expected Move — 21.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.34$0.30$0.38$0.30$0.38
Max Pain$0.31$0.25$0.32$0.25$0.32
ATM IV50.8%40.2%74.2%43.2%40.9%
Expected Move15.3%11.7%21.3%12.4%11.7%
HV 20d48.3%43.7%55.8%47.8%53.8%
HV 60d47.2%38.6%52.0%50.4%45.5%
IV Rank49.5%24.9%100.0%32.1%25.1%
IV Percentile71.4%47.1%100.0%61.5%47.4%
Term Structure-2.6%-16.5%17.4%14.5%4.5%
VWIV53.8%40.2%76.3%40.2%41.9%
Skew 25d1.8%-2.3%6.5%3.9%0.3%
Skew 10d4.9%-4.8%12.3%7.2%7.3%
Call IV 25d53.9%39.0%77.2%39.0%43.2%
Put IV 25d55.7%41.9%77.5%43.0%43.5%
Bid-Ask Spread %10.985.7320.677.2113.88
Gamma HHI0.170.120.260.130.19
Net GEX464.2K53.5K1.3M317.9K961.6K
Net DEX-50.6M-91.2M-11.9M-20.0M-84.4M
Net VEX-370.3K-395.4K-334.3K-369.4K-335.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.440.2610.025.560.62
Total Volume428,037.82674,2701,683,850365,540286,160
Total OI8,965,752.1748,098,0909,616,1808,098,0909,392,530

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-10-01$0.30$0.2543.2%12.4%47.8%32.1%40.2%3.9%14.5%317.9K-20.0M-369.4K5.567.21N/AN/A55,720309,8203,922,8004,175,290
2007-10-02$0.30$0.2942.3%12.1%47.0%30.0%40.2%1.9%17.4%133.0K-15.6M-378.0K1.097.66N/AN/A186,620202,9303,938,9004,413,290
2007-10-03$0.30$0.2943.6%12.5%46.7%33.2%42.7%0.1%15.5%53.5K-11.9M-381.0K0.528.03N/AN/A48,93025,3404,027,2404,548,880
2007-10-04$0.30$0.2943.5%12.5%46.7%32.9%43.6%1.8%16.6%54.9K-12.6M-379.2K10.025.73N/AN/A9,17091,9104,040,8904,564,560
2007-10-05$0.31$0.3240.2%16.0%48.0%24.9%57.5%6.5%-5.7%69.9K-25.1M-386.5K2.3020.67N/AN/A73,290168,3504,040,4004,589,760
2007-10-08$0.32$0.3242.1%17.0%44.8%29.5%59.7%5.6%-6.5%118.4K-29.7M-383.4K0.5015.44N/AN/A51,80025,6904,029,2004,504,080
2007-10-09$0.33$0.3244.1%17.0%44.9%34.3%59.0%5.2%-7.1%146.4K-36.9M-380.7K0.2714.76N/AN/A207,41055,0204,044,3204,509,820
2007-10-10$0.33$0.3246.8%17.3%43.7%40.7%59.9%4.7%-8.9%202.5K-46.9M-379.1K0.268.69N/AN/A231,91059,5004,093,2504,521,160
2007-10-11$0.33$0.3260.7%17.4%45.3%74.1%60.7%3.6%-9.3%188.3K-40.1M-378.0K1.3911.86N/AN/A163,520227,4304,170,7404,542,440
2007-10-12$0.33$0.3261.2%17.5%45.4%75.3%61.2%2.4%-9.9%116.7K-41.1M-371.3K3.209.44N/AN/A68,320218,3304,162,9004,625,880
2007-10-15$0.34$0.3266.1%18.9%45.6%87.0%66.7%4.0%-12.8%228.2K-57.7M-370.2K0.6911.27N/AN/A255,990176,8904,203,5004,620,210
2007-10-16$0.34$0.3265.3%18.7%44.3%85.1%65.2%2.2%-11.6%294.8K-58.3M-368.8K1.0611.60N/AN/A153,790162,3304,315,9904,658,710
2007-10-17$0.35$0.3263.0%18.1%44.1%79.7%64.0%3.9%-11.5%347.6K-63.3M-373.7K0.269.07N/AN/A228,27059,9204,387,6004,748,730
2007-10-18$0.34$0.3262.4%17.9%44.3%78.2%63.4%3.1%-10.7%360.3K-59.6M-375.4K0.289.51N/AN/A316,33087,5004,498,4104,745,160
2007-10-19$0.33$0.3267.8%19.4%46.1%91.0%70.9%-1.8%-12.0%290.0K-49.6M-387.7K0.4114.70N/AN/A506,380209,7204,636,3104,781,770
2007-10-22$0.33$0.3274.2%21.3%46.6%100.0%76.3%0.3%-16.5%424.7K-35.6M-395.4K0.428.85N/AN/A897,610372,8904,537,2604,487,490
2007-10-23$0.37$0.3242.1%12.1%55.5%27.7%42.7%-1.4%-1.2%1.3M-91.2M-356.6K0.468.25N/AN/A1,154,720529,1304,937,5904,678,590
2007-10-24$0.36$0.3246.1%13.2%55.8%36.8%47.1%1.3%-2.9%952.5K-68.9M-374.4K1.1613.47N/AN/A265,370308,9104,692,4504,733,260
2007-10-25$0.36$0.3244.9%12.9%54.4%34.1%45.9%-0.4%-0.8%912.4K-69.6M-364.5K1.4811.47N/AN/A160,720237,6504,695,7404,779,040
2007-10-26$0.36$0.3241.6%11.9%52.8%26.7%42.1%-1.0%1.1%965.3K-69.7M-356.1K0.2710.65N/AN/A216,23057,8904,693,5704,812,430
2007-10-29$0.38$0.3241.9%12.0%54.1%27.3%42.8%-2.1%-1.9%1.1M-88.9M-334.3K0.389.81N/AN/A171,29064,3304,706,4504,668,020
2007-10-30$0.38$0.3244.0%12.6%54.0%32.1%43.4%-2.3%-0.2%1.1M-88.2M-337.5K0.6410.42N/AN/A294,840189,0004,652,9004,682,790
2007-10-31$0.38$0.3240.9%11.7%53.8%25.1%41.9%0.3%4.5%961.6K-84.4M-335.4K0.6213.88N/AN/A176,120110,0404,629,3104,763,220