NFLX Options History — March 2010

In March 2010, NFLX traded between $0.96 and $1.07. ATM implied volatility averaged 32.3%, placing in the 5.0% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 4.1% (HV 20d: 28.2%). Max pain ranged from $0.86 to $1.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 23 of 23 days. Put/call ratio averaged 1.40.

Notable Days

  • 2010-03-12: Highest Volume — 1,400,350 contracts
  • 2010-03-09: Largest IV spike — 13.1% change
  • 2010-03-11: Highest IV Rank — 9.9%
  • 2010-03-09: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.01$0.96$1.07$1.00$1.05
Max Pain$0.97$0.86$1.00$0.86$1.00
ATM IV32.3%29.0%34.8%34.3%33.4%
Expected Move9.4%8.6%10.1%9.8%9.6%
HV 20d28.2%21.1%31.6%31.1%21.1%
HV 60d54.4%52.8%55.4%55.3%52.8%
IV Rank5.0%0.0%9.9%5.1%7.6%
IV Percentile3.2%0.0%8.3%2.8%6.3%
Term Structure6.8%0.1%11.1%0.1%10.7%
VWIV34.7%30.7%41.6%41.6%35.2%
Skew 25d3.8%1.1%7.0%7.0%3.1%
Skew 10d9.2%4.2%18.3%18.3%10.6%
Call IV 25d31.9%29.5%33.8%32.8%32.9%
Put IV 25d35.7%31.7%39.8%39.8%36.0%
Bid-Ask Spread %12.798.6918.0411.5311.46
Gamma HHI0.260.120.530.260.19
Net GEX2.7M1.0M5.7M1.5M3.7M
Net DEX-149.8M-191.2M-103.3M-143.8M-165.0M
Net VEX-878.3K-993.6K-824.1K-824.9K-993.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.400.355.072.510.87
Total Volume651,176.522195,0901,400,3501,371,650209,440
Total OI7,977,890.875,593,2809,942,2407,752,5707,589,260

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-03-01$1.00$0.8634.3%9.8%31.1%5.1%41.6%7.0%0.1%1.5M-143.8M-824.9K2.5111.53N/AN/A390,390981,2603,254,5104,498,060
2010-03-02$0.99$0.8632.4%9.3%30.2%1.7%38.8%4.8%1.5%1.9M-139.7M-839.1K5.078.81N/AN/A157,360798,0703,436,9304,543,770
2010-03-03$0.96$0.8631.2%8.9%31.6%0.0%35.9%5.5%3.0%1.0M-103.3M-852.6K2.3310.50N/AN/A405,230943,8803,410,8204,426,240
2010-03-04$0.97$0.9330.3%8.7%31.6%0.0%33.5%3.7%4.0%1.6M-118.7M-845.2K1.339.53N/AN/A229,390304,8503,537,5904,519,830
2010-03-05$0.97$0.9329.0%9.9%29.7%0.0%34.8%6.2%3.4%1.1M-107.5M-903.9K2.2211.26N/AN/A153,720340,6903,688,7204,652,690
2010-03-08$0.98$0.9630.5%9.8%29.8%2.6%37.7%5.3%3.8%2.7M-138.1M-856.8K1.7811.36N/AN/A81,480144,8303,720,3604,634,210
2010-03-09$1.00$0.9334.5%10.1%30.1%9.4%36.1%5.6%4.0%3.4M-166.9M-860.1K1.1118.04N/AN/A575,120641,1303,756,0604,649,330
2010-03-10$1.02$0.9631.8%9.6%30.0%4.8%35.4%5.3%5.3%4.1M-191.2M-854.9K1.2313.33N/AN/A224,770276,2903,781,1904,733,960
2010-03-11$1.02$0.9634.8%10.0%29.5%9.9%35.7%5.0%5.0%3.7M-186.4M-835.4K2.2016.31N/AN/A83,440183,1903,734,7804,856,390
2010-03-12$1.00$0.9634.6%9.9%29.4%9.6%34.6%4.7%5.3%3.5M-160.1M-846.2K1.1918.03N/AN/A639,800760,5503,743,7404,849,880
2010-03-15$0.99$1.0032.8%9.4%29.5%6.6%33.7%3.9%6.5%3.0M-145.0M-886.2K1.818.69N/AN/A139,020251,6504,223,5905,356,190
2010-03-16$1.01$1.0033.3%9.5%28.7%7.4%33.8%4.3%5.5%3.4M-175.6M-878.2K0.5912.63N/AN/A232,750136,3604,275,1805,529,370
2010-03-17$1.01$1.0033.6%9.6%28.5%7.9%33.7%3.1%6.3%4.1M-186.7M-873.2K0.5012.85N/AN/A309,540155,9604,292,0505,528,880
2010-03-18$1.01$1.0031.1%8.9%27.7%3.7%31.9%3.9%7.1%5.7M-179.5M-866.1K0.7215.36N/AN/A193,410139,3704,310,8105,571,160
2010-03-19$1.01$1.0029.9%8.6%27.7%1.6%30.7%2.2%9.2%5.7M-178.9M-861.1K0.8517.67N/AN/A391,300332,6404,356,4505,585,790
2010-03-22$1.04$1.0030.9%8.9%28.3%3.3%31.2%1.4%9.7%1.0M-115.3M-824.1K0.5015.29N/AN/A467,390232,6102,658,8102,934,470
2010-03-23$1.04$1.0030.5%8.7%27.4%2.7%31.9%1.6%10.8%1.2M-122.0M-880.5K0.5910.12N/AN/A248,360147,7702,902,6903,073,210
2010-03-24$1.03$1.0030.1%8.6%27.9%2.0%31.7%1.1%11.1%1.3M-118.9M-920.7K0.9712.90N/AN/A99,19095,9003,066,4203,161,760
2010-03-25$1.05$1.0034.1%9.8%28.0%8.7%34.6%1.3%10.5%1.7M-140.2M-917.6K0.6613.79N/AN/A567,420371,9803,125,7803,195,010
2010-03-26$1.06$1.0033.2%9.5%28.0%7.2%34.2%2.0%10.6%2.2M-154.2M-925.4K0.8712.72N/AN/A264,880230,6503,290,0003,298,890
2010-03-29$1.06$1.0033.7%9.7%21.8%8.1%36.3%2.1%10.6%1.7M-145.2M-934.4K1.8911.46N/AN/A94,640178,7103,340,8203,477,810
2010-03-30$1.07$1.0032.5%9.3%21.6%6.0%34.8%3.7%11.1%2.1M-164.4M-921.3K0.3510.45N/AN/A866,670304,0103,360,0703,557,960
2010-03-31$1.05$1.0033.4%9.6%21.1%7.6%35.2%3.1%10.7%3.7M-165.0M-993.6K0.8711.46N/AN/A112,21097,2303,934,9103,654,350