NFLX Options History — April 2010

In April 2010, NFLX traded between $1.07 and $1.55. ATM implied volatility averaged 43.8%, placing in the 29.6% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded below realized volatility by 2.5% (HV 20d: 46.3%). Max pain ranged from $1.00 to $1.29. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.01.

Notable Days

  • 2010-04-22: Highest Volume — 6,112,540 contracts
  • 2010-04-15: Largest IV spike — 39.3% change
  • 2010-04-26: Highest IV Rank — 53.5%
  • 2010-04-20: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.28$1.07$1.55$1.07$1.41
Max Pain$1.12$1.00$1.29$1.00$1.29
ATM IV43.8%31.7%56.2%31.7%45.7%
Expected Move13.6%9.1%16.1%9.1%13.1%
HV 20d46.3%21.6%74.3%21.6%74.3%
HV 60d52.2%44.3%59.2%52.1%47.9%
IV Rank29.6%4.7%53.5%4.7%45.6%
IV Percentile55.6%4.0%93.7%4.0%73.0%
Term Structure-2.1%-6.6%12.2%12.2%2.3%
VWIV48.7%34.2%56.9%34.2%46.5%
Skew 25d3.6%0.3%5.2%3.9%0.3%
Skew 10d7.4%1.5%13.7%13.7%1.5%
Call IV 25d46.6%31.7%55.1%31.7%46.6%
Put IV 25d50.2%35.7%58.6%35.7%46.9%
Bid-Ask Spread %13.038.1620.388.6717.47
Gamma HHI0.190.100.470.240.17
Net GEX2.5M-3.9M7.1M3.8M-3.9M
Net DEX-339.4M-540.2M-177.9M-177.9M-295.8M
Net VEX-1.3M-2.0M-853.5K-959.4K-2.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.010.422.111.351.24
Total Volume1,716,396.667523,6006,112,540523,600697,760
Total OI10,505,7807,518,77013,989,5007,518,77013,989,500

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-04-01$1.07$1.0031.7%9.1%21.6%4.7%34.2%3.9%12.2%3.8M-177.9M-959.4K1.358.67N/AN/A222,880300,7203,804,3603,714,410
2010-04-05$1.14$1.0036.7%12.8%29.8%13.1%45.7%5.0%-4.2%5.6M-289.5M-853.5K1.448.53N/AN/A596,190860,5103,889,1303,933,930
2010-04-06$1.19$1.0039.0%13.3%32.0%17.0%47.4%5.2%-3.8%3.7M-327.5M-900.5K0.9911.92N/AN/A1,207,4301,196,0904,023,5304,377,240
2010-04-07$1.14$1.0437.5%13.3%37.2%14.5%47.4%4.6%-4.0%3.4M-251.2M-1.1M1.3212.59N/AN/A761,2501,005,8304,450,8804,985,750
2010-04-08$1.17$1.0438.5%13.7%37.5%16.3%48.7%5.0%-3.7%3.8M-298.2M-1.0M0.8114.16N/AN/A341,950276,2904,450,8804,985,750
2010-04-09$1.18$1.0435.4%13.7%37.4%10.9%47.5%4.5%-3.8%4.9M-327.3M-1.1M0.4412.88N/AN/A374,010163,5904,792,6905,469,590
2010-04-12$1.19$1.0436.1%13.9%36.3%12.2%49.5%4.5%-4.5%5.4M-340.2M-1.0M0.6212.77N/AN/A340,200209,4404,750,5505,503,820
2010-04-13$1.23$1.0440.7%14.4%37.3%20.1%51.4%4.8%-6.1%4.9M-401.2M-1.0M0.5017.09N/AN/A938,980472,4304,734,2405,550,160
2010-04-14$1.25$1.0439.1%14.8%37.3%17.2%53.7%4.1%-5.5%4.3M-417.1M-1.1M0.4212.95N/AN/A1,350,650572,5304,891,4605,784,660
2010-04-15$1.24$1.0754.4%15.6%37.8%43.4%55.0%4.8%-6.3%4.6M-415.1M-1.3M2.1110.93N/AN/A332,430699,9305,518,8706,059,340
2010-04-16$1.22$1.0755.1%15.8%38.7%44.5%56.5%4.2%-5.7%7.1M-374.4M-1.4M0.5713.73N/AN/A590,590333,9005,501,0906,403,460
2010-04-19$1.21$1.0755.8%16.0%39.0%45.6%56.6%3.5%-6.6%1.9M-219.4M-1.4M0.5020.38N/AN/A544,600274,8204,108,7904,048,240
2010-04-20$1.24$1.1456.2%16.1%38.4%46.4%56.9%4.2%-6.6%2.2M-252.4M-1.4M0.7111.50N/AN/A522,410368,6904,176,5504,186,980
2010-04-21$1.24$1.1453.9%15.5%38.5%42.5%54.4%2.5%-5.0%2.5M-259.0M-1.4M1.0612.78N/AN/A972,7901,028,0204,355,0504,387,740
2010-04-22$1.43$1.1439.3%11.3%60.4%17.6%40.4%3.3%0.3%4.3M-481.8M-1.2M1.5917.35N/AN/A2,361,2403,751,3004,658,7804,832,380
2010-04-23$1.42$1.2937.4%10.7%60.9%16.6%39.3%2.5%2.3%258.6K-408.8M-1.5M1.6512.82N/AN/A1,310,8902,157,5404,955,8606,404,650
2010-04-26$1.55$1.2948.6%13.9%65.2%53.5%50.3%3.8%-0.9%1.4M-540.2M-1.6M0.798.16N/AN/A2,572,1502,042,4605,267,1507,069,300
2010-04-27$1.46$1.2947.4%13.6%70.2%50.1%47.7%1.3%0.9%-2.0M-376.1M-1.9M1.3813.10N/AN/A799,6801,102,7105,447,8907,920,920
2010-04-28$1.42$1.2946.2%13.3%71.8%47.0%47.1%1.7%1.3%-3.7M-290.2M-1.9M1.2210.39N/AN/A526,680644,2105,319,5808,232,280
2010-04-29$1.47$1.2944.9%12.9%71.3%43.4%46.4%1.2%2.4%-2.2M-383.1M-1.8M0.5813.45N/AN/A769,650448,9105,363,0508,320,900
2010-04-30$1.41$1.2945.7%13.1%74.3%45.6%46.5%0.3%2.3%-3.9M-295.8M-2.0M1.2417.47N/AN/A311,360386,4005,570,0408,419,460