NFLX Options History — August 2009

In August 2009, NFLX traded between $0.62 and $0.66. ATM implied volatility averaged 38.4%, placing in the 2.2% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded below realized volatility by 2.2% (HV 20d: 40.6%). Max pain ranged from $0.61 to $0.64. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.01.

Notable Days

  • 2009-08-10: Highest Volume — 670,040 contracts
  • 2009-08-31: Largest IV spike — 7.1% change
  • 2009-08-18: Highest IV Rank — 6.4%
  • 2009-08-18: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.64$0.62$0.66$0.64$0.62
Max Pain$0.61$0.61$0.64$0.61$0.64
ATM IV38.4%35.2%41.4%39.5%37.6%
Expected Move11.1%10.1%11.9%11.3%10.8%
HV 20d40.6%29.2%47.6%47.0%29.2%
HV 60d40.0%38.0%42.4%42.2%38.0%
IV Rank2.2%0.0%6.4%1.3%3.1%
IV Percentile2.7%0.0%9.5%1.6%2.8%
Term Structure4.7%1.5%7.8%1.6%4.3%
VWIV39.3%36.1%46.5%38.7%37.3%
Skew 25d2.3%-0.2%3.4%1.4%3.3%
Skew 10d4.8%0.7%7.1%6.3%6.7%
Call IV 25d38.3%35.5%40.7%39.9%36.0%
Put IV 25d40.6%37.4%43.5%41.3%39.3%
Bid-Ask Spread %10.737.0013.9112.5110.58
Gamma HHI0.190.140.460.150.16
Net GEX1.2M144.0K3.1M1.2M152.0K
Net DEX-31.1M-62.5M-4.6M-40.8M-4.6M
Net VEX-294.5K-337.9K-259.3K-335.9K-263.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.010.246.280.490.66
Total Volume237,773.33380,570670,040191,870147,840
Total OI5,452,726.6674,357,6405,955,6705,639,1304,844,700

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-08-03$0.64$0.6139.5%11.3%47.0%1.3%38.7%1.4%1.6%1.2M-40.8M-335.9K0.4912.51N/AN/A128,38063,4902,893,0302,746,100
2009-08-04$0.63$0.6138.7%11.1%46.4%0.2%39.8%-0.2%1.8%1.0M-31.9M-337.9K0.428.84N/AN/A127,05053,7602,912,0002,758,910
2009-08-05$0.63$0.6138.2%10.9%46.3%0.0%38.4%0.4%1.9%1.1M-33.7M-333.3K1.0011.54N/AN/A40,25040,3202,921,9402,762,410
2009-08-06$0.62$0.6138.6%11.1%46.2%0.5%39.0%0.8%1.5%517.6K-18.7M-322.6K0.7512.15N/AN/A79,59060,0602,913,8202,773,260
2009-08-07$0.64$0.6136.4%11.2%47.4%0.0%40.2%3.1%5.9%1.4M-41.5M-322.0K0.878.08N/AN/A106,96093,3802,906,0502,777,600
2009-08-10$0.65$0.6138.6%11.1%44.4%2.8%46.5%2.4%6.6%1.8M-52.1M-310.1K6.2811.92N/AN/A92,050577,9902,888,7602,777,250
2009-08-11$0.66$0.6138.7%11.6%43.7%3.0%40.3%3.1%5.6%1.9M-55.7M-315.9K0.2413.91N/AN/A311,22073,4302,892,6102,837,030
2009-08-12$0.66$0.6138.7%11.4%42.9%2.9%39.9%2.4%5.0%2.3M-62.5M-314.7K0.489.36N/AN/A91,49043,7503,028,3402,850,470
2009-08-13$0.66$0.6139.5%11.3%42.8%4.0%39.4%2.8%5.1%2.4M-62.5M-306.2K0.5011.89N/AN/A111,79056,0003,005,3802,821,350
2009-08-14$0.64$0.6139.5%11.3%45.3%4.0%40.0%3.1%5.7%1.5M-35.5M-301.3K1.228.16N/AN/A142,170173,3202,998,6602,837,800
2009-08-17$0.62$0.6141.4%11.9%46.3%6.3%41.5%3.2%5.6%144.0K-11.1M-291.4K1.0313.26N/AN/A136,500140,6302,989,5602,937,620
2009-08-18$0.62$0.6141.4%11.9%46.5%6.4%41.5%2.5%5.6%529.8K-18.3M-283.7K0.9113.29N/AN/A79,59072,0302,993,4802,904,440
2009-08-19$0.64$0.6140.2%11.5%47.6%4.8%40.7%2.5%6.1%1.6M-38.0M-280.3K0.588.10N/AN/A170,31098,9802,984,4502,903,460
2009-08-20$0.64$0.6139.9%11.4%46.7%4.4%39.4%2.2%5.7%1.8M-39.6M-271.2K0.6011.66N/AN/A186,900112,7002,941,8202,884,700
2009-08-21$0.64$0.6137.5%10.7%30.5%1.4%38.0%2.0%7.8%3.1M-41.1M-268.6K1.0410.99N/AN/A164,990172,2003,011,8902,943,780
2009-08-24$0.63$0.6137.4%10.7%30.9%1.2%38.2%2.8%4.0%536.5K-17.1M-263.7K1.377.00N/AN/A131,950180,8802,144,9402,212,700
2009-08-25$0.64$0.6136.5%10.5%30.6%0.1%37.2%3.4%5.0%462.0K-16.6M-266.6K0.4512.83N/AN/A85,12038,6402,214,2402,323,230
2009-08-26$0.63$0.6136.2%10.4%30.8%0.0%37.7%2.9%4.5%331.8K-12.4M-259.9K0.8411.55N/AN/A59,15049,6302,208,7102,336,880
2009-08-27$0.63$0.6136.7%10.5%30.0%0.6%36.7%2.3%5.3%261.9K-10.3M-259.3K0.8610.16N/AN/A218,540187,6702,229,8502,362,500
2009-08-28$0.63$0.6135.2%10.1%30.1%0.0%36.1%2.0%4.5%322.6K-10.1M-275.5K0.717.57N/AN/A54,25038,2902,349,2702,482,270
2009-08-31$0.62$0.6437.6%10.8%29.2%3.1%37.3%3.3%4.3%152.0K-4.6M-263.2K0.6610.58N/AN/A89,32058,5202,347,6602,497,040