NFLX Options History — December 2009

In December 2009, NFLX traded between $0.76 and $0.84. ATM implied volatility averaged 37.2%, placing in the 6.6% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 10.3% (HV 20d: 26.9%). Max pain ranged from $0.71 to $0.86. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.98.

Notable Days

  • 2009-12-29: Highest Volume — 1,040,690 contracts
  • 2009-12-10: Largest IV spike — 11.3% change
  • 2009-12-31: Highest IV Rank — 12.3%
  • 2009-12-07: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.80$0.76$0.84$0.83$0.79
Max Pain$0.78$0.71$0.86$0.79$0.86
ATM IV37.2%33.5%40.3%36.4%40.2%
Expected Move10.8%9.6%12.0%10.4%11.5%
HV 20d26.9%22.4%33.3%26.6%32.6%
HV 60d36.9%35.5%38.4%37.0%37.9%
IV Rank6.6%0.0%12.3%4.8%12.3%
IV Percentile9.7%0.0%32.1%2.8%32.1%
Term Structure6.9%3.1%10.8%3.1%6.7%
VWIV38.2%34.4%41.4%38.7%40.5%
Skew 25d3.7%0.7%5.2%4.0%2.5%
Skew 10d7.8%2.2%11.2%11.2%4.6%
Call IV 25d36.8%33.4%40.5%35.3%40.5%
Put IV 25d40.5%37.4%44.5%39.2%43.0%
Bid-Ask Spread %10.597.3614.4611.309.79
Gamma HHI0.240.160.340.270.33
Net GEX64.6K-1.5M1.3M1.0M-1.5M
Net DEX-30.0M-62.3M16.4M-52.8M16.4M
Net VEX-365.7K-422.0K-315.5K-373.8K-417.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.980.294.251.172.02
Total Volume367,64095,7601,040,690311,780592,830
Total OI4,548,6003,343,9005,192,3204,319,0704,986,450

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-12-01$0.83$0.7936.4%10.4%26.6%4.8%38.7%4.0%3.1%1.0M-52.8M-373.8K1.1711.30N/AN/A143,710168,0702,119,6702,199,400
2009-12-02$0.84$0.7935.6%10.2%26.8%3.5%37.6%4.9%3.6%1.3M-62.3M-373.4K0.8210.94N/AN/A70,91058,1002,157,1902,263,030
2009-12-03$0.83$0.7936.4%10.4%27.8%4.9%40.3%2.7%3.8%960.8K-52.1M-384.0K1.4514.04N/AN/A139,160201,4602,176,7202,283,050
2009-12-04$0.80$0.7137.5%11.8%26.7%6.8%41.4%5.2%5.5%249.3K-35.1M-375.6K1.0213.47N/AN/A168,070171,2902,242,1702,393,860
2009-12-07$0.80$0.7140.3%12.0%26.6%11.6%41.4%5.1%4.8%90.7K-31.9M-370.2K0.4811.91N/AN/A174,44083,8602,269,1202,446,780
2009-12-08$0.80$0.7137.4%11.5%25.1%6.5%39.6%4.5%5.9%-4.0K-34.0M-365.6K1.1614.46N/AN/A85,75099,3302,341,7102,476,950
2009-12-09$0.80$0.7935.7%11.3%23.8%3.7%39.7%3.8%5.9%-1.4K-35.9M-366.7K0.468.62N/AN/A91,49042,4202,356,4802,507,330
2009-12-10$0.81$0.7939.8%11.4%23.4%10.7%39.3%4.7%6.9%376.9K-43.5M-370.8K0.5810.21N/AN/A87,01050,8202,366,9802,524,270
2009-12-11$0.80$0.7939.1%11.2%23.1%9.6%40.7%4.5%7.2%-386.9K-33.8M-358.7K0.9413.74N/AN/A56,91053,4802,383,6402,546,670
2009-12-14$0.81$0.7939.1%11.2%22.4%9.6%39.2%4.3%7.1%-147.0K-39.8M-351.5K0.9310.93N/AN/A49,49046,2702,396,3102,558,150
2009-12-15$0.81$0.7938.6%11.1%22.7%9.0%37.9%4.6%7.3%295.5K-47.0M-344.8K0.698.31N/AN/A127,54087,7102,404,6402,572,080
2009-12-16$0.79$0.7936.9%10.6%23.4%6.0%37.2%4.7%8.5%-1.3M-23.5M-335.7K0.5710.84N/AN/A423,080243,1102,384,4802,572,430
2009-12-17$0.77$0.7936.4%10.4%24.0%5.2%37.1%3.5%7.8%-611.1K-13.8M-329.5K0.767.74N/AN/A184,380140,5602,570,6102,621,710
2009-12-18$0.76$0.7935.8%10.3%23.8%4.1%36.4%2.4%8.5%-831.7K-5.2M-326.8K0.6611.28N/AN/A303,310199,5702,543,8002,624,860
2009-12-21$0.77$0.7933.5%9.6%24.8%0.0%34.4%4.4%10.8%-154.7K-11.1M-315.5K0.679.99N/AN/A113,33075,5301,580,8801,763,020
2009-12-22$0.77$0.7935.6%10.2%24.4%3.8%36.0%0.7%8.3%-111.8K-10.0M-325.8K0.3513.34N/AN/A734,300258,8601,637,3701,804,950
2009-12-23$0.81$0.7936.6%10.5%33.3%5.6%36.1%2.8%7.8%797.4K-36.4M-373.9K0.407.95N/AN/A502,390202,3701,886,1501,960,070
2009-12-24$0.81$0.7936.1%10.4%33.3%4.8%36.0%2.7%8.3%810.0K-36.7M-391.1K0.297.36N/AN/A170,45050,2601,942,9202,070,320
2009-12-28$0.82$0.7936.7%10.5%32.4%5.8%36.2%2.1%8.8%1.0M-40.4M-386.8K0.688.81N/AN/A174,860119,0002,007,8102,093,280
2009-12-29$0.81$0.7938.3%11.0%32.1%8.8%37.3%4.0%6.7%934.0K-37.9M-386.5K4.257.91N/AN/A198,240842,4502,030,2802,123,030
2009-12-30$0.79$0.8637.4%10.7%33.0%7.1%37.3%3.6%8.3%-1.3M6.2M-422.0K1.0910.05N/AN/A144,130157,7802,110,2902,768,290
2009-12-31$0.79$0.8640.2%11.5%32.6%12.3%40.5%2.5%6.7%-1.5M16.4M-417.2K2.029.79N/AN/A196,210396,6202,137,5902,848,860