NFLX Options History — April 2009

In April 2009, NFLX traded between $0.61 and $0.71. ATM implied volatility averaged 62.7%, placing in the 32.4% IV rank vs the trailing year. The 30-day expected move averaged 18.8%. IV traded above realized volatility by 10.0% (HV 20d: 52.7%). Max pain ranged from $0.57 to $0.64. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 1.29.

Notable Days

  • 2009-04-23: Highest Volume — 2,370,760 contracts
  • 2009-04-09: Largest IV spike — 36.6% change
  • 2009-04-22: Highest IV Rank — 64.6%
  • 2009-04-22: Largest Expected Move — 25.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.65$0.61$0.71$0.61$0.65
Max Pain$0.63$0.57$0.64$0.57$0.64
ATM IV62.7%44.8%87.7%55.2%51.9%
Expected Move18.8%14.9%25.1%15.8%14.9%
HV 20d52.7%48.3%61.0%48.8%58.5%
HV 60d52.0%46.0%54.0%53.8%49.7%
IV Rank32.4%9.4%64.6%22.8%18.5%
IV Percentile56.8%14.7%96.8%43.3%32.9%
Term Structure-5.1%-18.4%13.3%13.2%2.7%
VWIV68.5%52.5%91.3%55.5%52.5%
Skew 25d13.8%7.9%24.2%9.2%7.9%
Skew 10d26.5%15.6%43.6%19.9%18.8%
Call IV 25d59.9%49.7%74.2%51.5%49.7%
Put IV 25d73.7%57.6%98.4%60.7%57.6%
Bid-Ask Spread %13.208.6231.5117.1313.93
Gamma HHI0.130.090.180.090.14
Net GEX117.4K-1.4M1.3M21.0K153.0K
Net DEX-61.2M-135.5M12.3M-37.6M-46.7M
Net VEX-567.6K-647.2K-481.3K-548.5K-633.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.290.484.961.270.48
Total Volume772,570165,3402,370,760165,340319,830
Total OI8,513,133.3337,124,67010,732,4707,229,74010,728,130

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-04-01$0.61$0.5755.2%15.8%48.8%22.8%55.5%9.2%13.2%21.0K-37.6M-548.5K1.2717.13N/AN/A72,87092,4703,117,3104,112,430
2009-04-02$0.62$0.5754.5%15.6%48.8%21.9%53.7%10.3%13.3%62.2K-41.0M-539.0K1.0018.87N/AN/A92,82092,5403,044,2304,082,260
2009-04-03$0.62$0.6151.7%19.1%48.9%18.2%68.9%13.8%-7.6%97.6K-37.9M-543.9K2.9610.05N/AN/A56,840168,4903,037,3704,087,300
2009-04-06$0.64$0.6152.4%18.6%49.8%19.2%66.5%13.7%-5.8%287.7K-60.7M-509.8K0.7911.22N/AN/A451,850358,1203,040,1004,089,330
2009-04-07$0.62$0.6454.6%19.1%50.6%22.1%68.0%12.7%-7.6%478.1K-50.1M-547.5K0.6510.24N/AN/A210,560137,6903,322,2704,309,130
2009-04-08$0.63$0.6444.8%18.3%49.1%9.4%64.7%12.7%-6.2%752.2K-60.3M-531.6K1.329.72N/AN/A73,99097,8603,360,7704,368,630
2009-04-09$0.67$0.6461.2%17.6%48.3%30.6%64.7%9.6%-4.1%1.3M-105.1M-492.8K0.628.65N/AN/A397,250247,3103,356,9204,404,680
2009-04-13$0.71$0.6465.9%18.9%49.8%36.6%71.2%8.2%-9.0%1.1M-135.5M-481.3K0.8610.27N/AN/A610,960528,4303,329,4804,474,610
2009-04-14$0.68$0.6469.8%20.0%51.3%41.6%83.0%10.7%-10.5%953.5K-103.0M-524.0K4.9631.51N/AN/A244,4401,212,5403,385,2004,695,040
2009-04-15$0.67$0.6468.5%19.6%50.2%40.0%72.5%16.7%-6.0%509.7K-76.5M-544.4K1.3513.85N/AN/A185,710250,3203,391,0105,443,060
2009-04-16$0.69$0.6470.7%20.3%51.0%42.8%75.2%19.2%-11.8%372.2K-102.7M-541.7K1.1910.14N/AN/A254,450303,6603,333,8205,412,050
2009-04-17$0.70$0.6468.0%19.5%50.9%39.3%75.1%19.3%-11.0%-237.2K-107.5M-539.8K0.6710.72N/AN/A187,810126,2103,364,2005,540,430
2009-04-20$0.71$0.6473.4%21.0%50.9%46.2%79.5%21.7%-12.6%-295.9K-72.1M-533.1K1.3910.60N/AN/A358,820497,2802,635,9204,573,590
2009-04-21$0.67$0.6479.9%22.9%55.3%54.7%82.6%24.1%-14.0%-499.8K-41.4M-591.5K0.958.62N/AN/A477,890453,3202,844,4504,943,190
2009-04-22$0.66$0.6487.7%25.1%55.7%64.6%91.3%24.2%-18.4%-626.0K-30.2M-620.6K2.039.53N/AN/A450,870913,6403,010,3505,141,080
2009-04-23$0.65$0.6479.7%22.8%53.2%54.3%82.0%15.6%-12.3%-837.8K-22.1M-647.2K1.1911.57N/AN/A1,081,2201,289,5403,221,4705,756,940
2009-04-24$0.61$0.6459.3%17.0%57.8%28.0%58.7%10.1%-2.5%-1.4M12.3M-645.8K0.789.18N/AN/A773,780607,0403,801,1406,414,030
2009-04-27$0.66$0.6455.0%15.8%61.0%22.5%57.7%9.6%2.0%-11.5K-59.6M-625.8K0.4812.44N/AN/A804,230384,4403,815,3506,441,540
2009-04-28$0.66$0.6457.0%16.3%58.2%25.1%58.9%9.0%-0.2%312.8K-67.1M-631.2K0.9418.68N/AN/A474,250446,3904,106,9006,507,620
2009-04-29$0.65$0.6454.6%15.7%58.5%22.0%55.5%10.6%0.9%-45.5K-41.1M-646.0K1.1120.23N/AN/A206,710229,5304,122,6506,609,820
2009-04-30$0.65$0.6451.9%14.9%58.5%18.5%52.5%7.9%2.7%153.0K-46.7M-633.2K0.4813.93N/AN/A216,230103,6004,125,5206,602,610