NFLX Options History — August 2010

In August 2010, NFLX traded between $1.46 and $1.96. ATM implied volatility averaged 50.3%, placing in the 48.2% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded below realized volatility by 15.8% (HV 20d: 66.1%). Max pain ranged from $1.43 to $1.71. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.82.

Notable Days

  • 2010-08-10: Highest Volume — 7,922,320 contracts
  • 2010-08-11: Largest IV spike — 8.3% change
  • 2010-08-17: Highest IV Rank — 61.8%
  • 2010-08-17: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.76$1.46$1.96$1.46$1.79
Max Pain$1.60$1.43$1.71$1.57$1.71
ATM IV50.3%42.1%56.3%47.3%50.2%
Expected Move14.5%12.1%16.1%13.6%14.4%
HV 20d66.1%53.6%80.1%73.1%54.6%
HV 60d59.6%57.6%64.1%64.1%58.7%
IV Rank48.2%29.7%61.8%41.5%47.9%
IV Percentile73.4%59.1%85.7%69.0%70.6%
Term Structure2.2%-2.1%6.5%-0.1%6.5%
VWIV51.3%43.1%57.2%47.4%50.6%
Skew 25d4.2%2.3%6.0%3.0%5.7%
Skew 10d8.6%5.6%12.1%6.4%10.9%
Call IV 25d49.1%41.5%55.6%45.8%48.2%
Put IV 25d53.3%44.6%58.8%48.8%53.9%
Bid-Ask Spread %6.484.018.064.965.74
Gamma HHI0.150.070.810.110.08
Net GEX9.9M-3.1M70.5M-3.1M4.4M
Net DEX-483.5M-1.05B12.3M12.3M-387.7M
Net VEX-2.6M-2.9M-2.3M-2.3M-2.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.481.300.580.72
Total Volume3,153,967.727986,7207,922,3201,387,890986,720
Total OI16,639,21013,998,53020,997,41015,088,99015,417,150

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-08-02$1.46$1.5747.3%13.6%73.1%41.5%47.4%3.0%-0.1%-3.1M12.3M-2.3M0.584.96N/AN/A879,760508,1307,161,0007,927,990
2010-08-03$1.49$1.5743.4%12.4%73.8%32.6%44.9%3.7%1.8%-1.1M-56.1M-2.3M0.626.53N/AN/A1,111,250691,3907,168,0707,973,280
2010-08-04$1.54$1.5043.5%12.5%65.1%32.9%45.5%4.5%2.0%1.9M-159.5M-2.3M0.884.01N/AN/A1,142,4001,010,1007,176,8208,029,630
2010-08-05$1.58$1.5042.1%12.1%65.7%29.7%43.1%3.1%3.0%4.7M-238.2M-2.3M0.824.92N/AN/A796,880651,0007,226,8007,949,550
2010-08-06$1.69$1.4342.9%12.9%70.4%31.5%47.3%5.5%3.5%10.1M-472.4M-2.4M0.827.48N/AN/A2,118,2701,730,6107,349,1607,963,340
2010-08-09$1.67$1.5045.5%13.0%70.2%37.4%45.9%4.0%4.2%9.3M-426.9M-2.3M0.664.65N/AN/A1,295,350851,9007,542,5008,226,610
2010-08-10$1.79$1.5047.5%13.9%74.2%41.9%49.0%4.0%1.9%13.6M-675.4M-2.3M0.625.18N/AN/A4,887,8903,034,4307,508,6208,269,730
2010-08-11$1.81$1.5051.4%15.1%74.1%50.8%52.8%2.3%0.4%14.8M-743.1M-2.6M0.487.96N/AN/A3,619,2101,753,9208,421,9808,892,520
2010-08-12$1.90$1.5053.6%15.4%75.8%55.7%54.4%4.5%-0.1%16.6M-941.0M-2.6M0.776.63N/AN/A3,386,6002,612,2608,521,9408,979,110
2010-08-13$1.89$1.5755.0%15.8%75.2%58.9%55.1%3.9%0.6%16.0M-873.4M-2.7M0.926.73N/AN/A1,394,1901,287,0208,970,3609,767,940
2010-08-16$1.96$1.5756.1%16.1%76.0%61.3%56.2%4.5%-0.7%19.7M-1.05B-2.6M0.877.63N/AN/A3,056,6202,660,0008,901,9709,964,080
2010-08-17$1.90$1.5756.3%16.1%77.2%61.8%57.2%3.2%-2.1%14.6M-844.3M-2.8M1.008.06N/AN/A3,062,8503,057,2509,406,88010,767,050
2010-08-18$1.80$1.6453.1%15.2%80.1%54.7%53.7%4.4%1.8%1.4M-453.1M-2.8M0.856.98N/AN/A3,339,6302,839,2009,573,97011,041,170
2010-08-19$1.83$1.6454.1%15.5%58.5%56.9%55.4%5.1%1.1%5.7M-602.9M-2.9M1.037.06N/AN/A2,104,2702,161,0409,815,19011,143,440
2010-08-20$1.86$1.7152.1%14.9%57.6%52.3%52.9%3.5%2.9%70.5M-681.3M-2.9M1.307.79N/AN/A1,072,1901,393,2109,857,89011,139,520
2010-08-23$1.81$1.7154.3%15.6%55.1%57.3%54.3%2.9%0.4%3.0M-377.6M-2.8M0.876.20N/AN/A912,520795,6206,405,4207,593,110
2010-08-24$1.73$1.7154.1%15.5%58.6%56.9%54.4%4.2%3.2%1.4M-246.4M-2.8M1.257.19N/AN/A968,3101,209,1106,689,4107,756,000
2010-08-25$1.77$1.7152.7%15.1%56.4%53.7%53.6%5.1%3.9%2.9M-327.4M-2.9M0.766.62N/AN/A792,960604,9406,797,6307,718,690
2010-08-26$1.80$1.7152.0%14.9%54.9%52.2%52.4%6.0%4.0%4.0M-376.7M-2.9M0.537.55N/AN/A940,520496,4406,949,8107,810,390
2010-08-27$1.80$1.7148.6%13.9%53.6%44.5%49.4%5.4%6.2%4.5M-395.6M-2.9M0.856.39N/AN/A615,510523,9507,163,8007,900,130
2010-08-30$1.76$1.7150.7%14.5%54.7%49.0%51.9%4.4%5.2%3.4M-325.1M-2.8M0.876.23N/AN/A551,390480,4807,296,8707,926,100
2010-08-31$1.79$1.7150.2%14.4%54.6%47.9%50.6%5.7%6.5%4.4M-387.7M-2.8M0.725.74N/AN/A574,770411,9507,330,3308,086,820