NFLX Options History — July 2009

In July 2009, NFLX traded between $0.55 and $0.66. ATM implied volatility averaged 45.4%, placing in the 9.0% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 5.4% (HV 20d: 40.0%). Max pain ranged from $0.57 to $0.64. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.85.

Notable Days

  • 2009-07-13: Highest Volume — 1,675,240 contracts
  • 2009-07-13: Largest IV spike — 34.5% change
  • 2009-07-16: Highest IV Rank — 20.0%
  • 2009-07-13: Largest Expected Move — 16.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.61$0.55$0.66$0.58$0.63
Max Pain$0.59$0.57$0.64$0.57$0.61
ATM IV45.4%38.6%53.9%40.2%38.6%
Expected Move14.1%11.1%16.4%11.5%11.1%
HV 20d40.0%32.4%47.9%38.6%46.7%
HV 60d46.0%40.8%49.3%49.3%44.6%
IV Rank9.0%0.1%20.0%2.1%0.1%
IV Percentile15.8%0.4%37.7%1.2%0.4%
Term Structure-1.3%-6.0%13.8%13.4%1.9%
VWIV49.3%39.1%56.2%40.0%39.1%
Skew 25d4.7%0.5%7.6%3.2%1.5%
Skew 10d8.5%-0.7%14.4%8.2%2.2%
Call IV 25d47.2%38.7%53.2%38.8%38.7%
Put IV 25d51.9%40.2%60.5%42.0%40.2%
Bid-Ask Spread %12.658.9916.5212.1712.24
Gamma HHI0.150.120.200.170.14
Net GEX225.1K-503.4K1.2M-204.6K789.0K
Net DEX-13.5M-50.6M21.9M4.2M-27.6M
Net VEX-343.8K-370.3K-312.6K-342.2K-352.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.192.540.670.39
Total Volume493,035.45570,0001,675,240145,250227,290
Total OI4,964,282.2734,231,4305,641,3004,467,5405,586,840

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-07-01$0.58$0.5740.2%11.5%38.6%2.1%40.0%3.2%13.4%-204.6K4.2M-342.2K0.6712.17N/AN/A87,01058,2402,038,5402,429,000
2009-07-02$0.57$0.5740.0%11.5%39.0%2.0%39.4%4.0%13.8%-300.0K10.2M-337.0K1.3314.40N/AN/A116,550155,3302,055,5502,440,970
2009-07-06$0.57$0.5741.7%15.5%36.5%4.2%53.9%6.4%-3.4%-354.9K13.5M-324.2K0.8112.52N/AN/A38,78031,2202,095,4502,481,990
2009-07-07$0.55$0.5741.1%15.2%37.5%3.4%53.4%6.4%-1.9%-503.4K21.2M-312.6K1.1211.50N/AN/A181,020202,7202,107,7702,465,120
2009-07-08$0.55$0.5746.2%16.3%37.5%10.0%54.7%6.6%-4.7%-494.8K21.9M-316.8K0.6212.71N/AN/A200,200124,6002,191,0702,524,340
2009-07-09$0.57$0.5742.4%15.8%37.4%5.0%55.0%7.0%-4.2%-70.4K6.4M-335.1K0.6611.84N/AN/A139,58092,1202,269,7502,497,670
2009-07-10$0.57$0.5739.1%15.8%37.4%0.7%54.4%7.6%-4.1%-60.5K5.8M-330.1K2.058.99N/AN/A74,410152,3902,284,6602,517,340
2009-07-13$0.60$0.5752.5%16.4%41.1%18.3%56.2%7.3%-6.0%259.9K-18.5M-334.3K0.5710.16N/AN/A1,068,200607,0402,284,8002,547,650
2009-07-14$0.62$0.5750.0%16.2%41.8%15.0%55.7%6.1%-5.1%256.4K-29.4M-355.6K0.4911.23N/AN/A411,810199,7802,507,0502,813,860
2009-07-15$0.63$0.5746.1%15.6%41.9%9.8%55.8%7.2%-5.0%735.5K-48.5M-359.5K1.0713.25N/AN/A243,250260,4702,642,5702,822,960
2009-07-16$0.63$0.5753.9%15.4%36.1%20.0%54.5%6.2%-4.0%847.1K-42.3M-357.7K2.0212.49N/AN/A131,110265,0202,646,7002,804,270
2009-07-17$0.63$0.6152.8%15.1%35.5%18.6%54.8%6.8%-3.8%508.9K-35.2M-343.6K2.5413.81N/AN/A140,210356,5102,535,6802,776,340
2009-07-20$0.64$0.6152.1%14.9%35.8%17.8%52.7%5.7%-5.8%388.5K-27.5M-334.1K0.9110.04N/AN/A138,180126,0002,024,5402,206,890
2009-07-21$0.64$0.6151.8%14.9%34.2%17.4%52.3%6.1%-4.3%367.8K-26.2M-340.5K0.3810.39N/AN/A168,56064,6802,042,1802,262,960
2009-07-22$0.65$0.6150.4%14.5%32.4%15.6%49.2%6.9%-3.9%555.5K-33.4M-341.6K0.1912.49N/AN/A725,340140,0702,140,2502,266,390
2009-07-23$0.66$0.6152.7%15.1%33.0%18.5%53.2%2.4%-5.5%1.2M-50.6M-370.3K0.4315.28N/AN/A906,290391,9302,468,9002,299,640
2009-07-24$0.60$0.6443.2%12.4%47.9%6.1%43.8%1.6%0.8%212.6K-3.5M-362.0K0.6513.91N/AN/A612,990399,3502,725,3802,525,530
2009-07-27$0.60$0.6142.2%12.1%47.6%4.8%43.3%2.2%0.4%-134.5K4.3M-345.6K0.3715.68N/AN/A450,520168,0702,690,4502,630,180
2009-07-28$0.60$0.6141.4%11.9%47.3%3.7%42.3%1.7%0.7%74.8K-5.3M-351.4K0.5016.52N/AN/A177,24088,0602,753,0302,673,020
2009-07-29$0.61$0.6140.9%11.7%47.4%3.1%41.9%0.6%1.1%233.3K-11.7M-358.5K0.4314.70N/AN/A251,160108,6402,793,3502,702,280
2009-07-30$0.62$0.6140.0%11.5%47.3%1.9%40.1%0.5%2.3%687.4K-23.9M-357.5K0.4111.93N/AN/A259,210105,6302,892,7502,748,550
2009-07-31$0.63$0.6138.6%11.1%46.7%0.1%39.1%1.5%1.9%789.0K-27.6M-352.6K0.3912.24N/AN/A164,08063,2102,856,1402,730,700