NFLX Options History — February 2010

In February 2010, NFLX traded between $0.86 and $0.95. ATM implied volatility averaged 35.5%, placing in the 5.9% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded below realized volatility by 43.2% (HV 20d: 78.7%). Max pain ranged from $0.82 to $0.86. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 18 of 19 days. Put/call ratio averaged 1.69.

Notable Days

  • 2010-02-24: Highest Volume — 3,295,180 contracts
  • 2010-02-11: Largest IV spike — 11.5% change
  • 2010-02-25: Highest IV Rank — 11.2%
  • 2010-02-05: Largest Expected Move — 11.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.91$0.86$0.95$0.87$0.94
Max Pain$0.84$0.82$0.86$0.82$0.86
ATM IV35.5%31.4%38.2%38.2%36.4%
Expected Move10.4%9.7%11.3%10.9%10.4%
HV 20d78.7%26.0%85.9%85.9%26.0%
HV 60d54.3%53.9%54.7%54.7%54.3%
IV Rank5.9%0.0%11.2%8.6%8.8%
IV Percentile6.2%0.0%18.7%15.1%9.9%
Term Structure2.9%-0.3%5.9%1.0%-0.3%
VWIV37.7%33.6%42.1%39.4%39.6%
Skew 25d5.5%3.0%10.0%5.6%8.6%
Skew 10d11.2%7.8%18.4%11.3%15.3%
Call IV 25d34.1%32.1%37.1%35.9%32.2%
Put IV 25d39.6%36.2%43.7%41.5%40.8%
Bid-Ask Spread %12.847.6717.7117.7112.23
Gamma HHI0.360.170.620.220.28
Net GEX1.4M-305.3K3.8M734.6K-305.3K
Net DEX-109.6M-191.7M-58.5M-94.3M-75.9M
Net VEX-610.7K-885.5K-509.8K-584.9K-885.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.690.235.121.032.48
Total Volume768,283.158191,9403,295,180937,370579,390
Total OI6,427,296.8424,517,8707,581,4906,370,3507,581,490

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-02-01$0.87$0.8238.2%10.9%85.9%8.6%39.4%5.6%1.0%734.6K-94.3M-584.9K1.0317.71N/AN/A462,350475,0202,973,4603,396,890
2010-02-02$0.88$0.8237.4%10.7%84.9%7.2%37.4%5.2%1.3%871.3K-102.4M-584.0K3.2413.59N/AN/A90,370292,5302,953,1603,352,160
2010-02-03$0.89$0.8236.5%10.5%83.3%5.5%36.1%6.1%1.6%836.4K-101.5M-592.4K0.9310.82N/AN/A99,40092,6102,944,8303,454,780
2010-02-04$0.86$0.8236.6%10.5%83.7%5.7%37.0%4.8%1.6%256.9K-76.9M-600.9K2.6010.65N/AN/A131,320341,2502,969,6803,466,750
2010-02-05$0.87$0.8235.4%11.3%83.2%3.4%38.8%4.3%2.5%679.7K-85.8M-581.2K1.9313.90N/AN/A194,880376,3902,982,4903,449,390
2010-02-08$0.87$0.8234.8%11.1%83.1%2.3%40.5%5.2%3.5%981.9K-90.8M-560.3K1.0917.22N/AN/A166,320181,0903,005,5903,443,300
2010-02-09$0.89$0.8234.4%10.9%83.2%1.7%37.9%5.3%4.4%1.5M-111.1M-551.3K2.4016.84N/AN/A74,480179,0602,996,8403,437,700
2010-02-10$0.88$0.8631.4%10.7%83.0%0.0%37.6%4.3%4.4%1.1M-100.8M-557.4K2.0415.19N/AN/A67,410137,2702,973,2503,492,580
2010-02-11$0.91$0.8235.0%10.0%83.0%6.4%36.6%3.9%5.7%2.0M-129.3M-530.1K0.7715.71N/AN/A277,480214,4102,955,7503,450,790
2010-02-12$0.90$0.8633.8%9.7%79.6%4.2%36.4%4.8%5.9%2.0M-130.7M-527.1K1.2313.83N/AN/A85,890106,0503,023,0203,526,040
2010-02-16$0.93$0.8636.3%10.4%79.7%8.7%35.9%4.4%4.8%3.0M-158.4M-509.8K0.2311.44N/AN/A435,19098,6303,033,2403,538,220
2010-02-17$0.92$0.8635.1%10.1%79.9%6.5%36.6%3.0%5.1%3.7M-156.4M-545.8K0.469.29N/AN/A221,830102,7603,269,0703,558,240
2010-02-18$0.94$0.8633.9%9.7%79.9%4.4%34.5%4.0%5.3%3.8M-182.3M-547.1K0.6212.11N/AN/A261,240161,7703,288,6703,579,800
2010-02-19$0.95$0.8633.7%9.7%79.7%4.1%33.6%4.1%5.3%2.2M-191.7M-570.5K0.5611.09N/AN/A266,350148,4003,357,9003,637,130
2010-02-22$0.93$0.8636.3%10.4%80.4%8.7%38.3%6.6%0.5%1.8M-86.8M-583.5K2.047.67N/AN/A726,1801,479,3102,376,1502,141,720
2010-02-23$0.92$0.8634.3%9.8%79.1%5.2%36.2%4.8%1.7%324.7K-58.5M-704.5K1.5512.69N/AN/A381,920590,9402,666,7902,889,530
2010-02-24$0.92$0.8636.9%10.6%79.1%9.8%42.1%9.4%0.5%1.7M-75.2M-744.0K5.1210.11N/AN/A538,2302,756,9502,958,4102,839,620
2010-02-25$0.94$0.8637.7%10.8%79.1%11.2%41.7%10.0%0.4%87.9K-73.4M-842.9K1.8811.82N/AN/A625,2401,177,4703,180,3103,973,900
2010-02-26$0.94$0.8636.4%10.4%26.0%8.8%39.6%8.6%-0.3%-305.3K-75.9M-885.5K2.4812.23N/AN/A166,670412,7203,218,8104,362,680