NFLX Options History — November 2010

In November 2010, NFLX traded between $2.36 and $2.94. ATM implied volatility averaged 51.1%, placing in the 50.1% IV rank vs the trailing year. The 30-day expected move averaged 13.8%. IV traded below realized volatility by 0.0% (HV 20d: 51.1%). Max pain ranged from $2.14 to $2.43. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.80.

Notable Days

  • 2010-11-22: Highest Volume — 9,901,920 contracts
  • 2010-11-29: Largest IV spike — 22.1% change
  • 2010-11-01: Highest IV Rank — 82.8%
  • 2010-11-30: Largest Expected Move — 15.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.53$2.36$2.94$2.39$2.94
Max Pain$2.27$2.14$2.43$2.36$2.43
ATM IV51.1%44.6%65.6%65.6%57.1%
Expected Move13.8%12.8%15.5%14.7%15.5%
HV 20d51.1%37.2%58.3%57.8%40.9%
HV 60d49.1%47.0%52.2%52.2%48.2%
IV Rank50.1%35.4%82.8%82.8%63.7%
IV Percentile59.6%37.3%96.4%96.4%81.7%
Term Structure0.3%-1.1%2.0%0.0%-0.6%
VWIV49.1%45.6%55.5%52.7%55.5%
Skew 25d1.3%-1.6%2.9%-1.3%0.9%
Skew 10d2.7%-2.4%6.1%-2.4%2.8%
Call IV 25d48.4%44.0%55.0%53.3%55.0%
Put IV 25d49.7%45.8%55.9%52.0%55.9%
Bid-Ask Spread %10.243.9918.297.785.51
Gamma HHI0.110.070.210.080.15
Net GEX10.3M-10.5M29.1M4.4M23.3M
Net DEX-1.07B-1.96B-543.9M-709.9M-1.96B
Net VEX-4.7M-5.2M-4.0M-5.2M-4.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.521.191.050.65
Total Volume5,005,483.3332,336,1109,901,9204,691,8209,702,210
Total OI25,338,34019,217,31028,105,49024,025,68023,936,640

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-11-01$2.39$2.3665.6%14.7%57.8%82.8%52.7%-1.3%0.0%4.4M-709.9M-5.2M1.057.78N/AN/A2,292,4302,399,39010,587,64013,438,040
2010-11-02$2.45$2.3663.6%13.9%58.3%78.3%49.2%0.0%0.9%11.3M-917.5M-5.2M0.689.90N/AN/A2,220,8901,508,22011,016,11013,928,180
2010-11-03$2.45$2.3649.7%13.1%56.1%46.8%46.7%0.3%1.6%14.1M-915.7M-5.1M1.068.83N/AN/A1,710,0301,813,77011,178,09014,206,990
2010-11-04$2.40$2.3648.9%13.2%57.0%45.0%46.8%-1.6%0.9%-1.4M-707.5M-5.1M0.527.36N/AN/A3,730,5101,949,01011,470,69014,721,700
2010-11-05$2.40$2.1452.9%14.0%56.6%54.2%49.6%2.9%0.7%4.9M-758.4M-5.2M0.7317.68N/AN/A2,645,0201,925,91012,349,26015,154,160
2010-11-08$2.42$2.1458.3%13.9%56.1%66.4%49.2%1.8%-0.7%6.3M-840.5M-5.0M0.8415.06N/AN/A2,015,6501,699,67011,219,32014,409,500
2010-11-09$2.44$2.1454.5%13.6%56.1%57.8%48.1%1.2%0.1%10.7M-922.1M-4.9M0.7518.29N/AN/A2,716,4902,049,74011,685,38014,886,690
2010-11-10$2.53$2.2145.2%13.5%57.1%36.7%47.4%2.2%0.2%29.1M-1.33B-4.8M0.6513.26N/AN/A3,283,4902,145,78011,969,44015,208,550
2010-11-11$2.50$2.2147.4%13.6%57.0%41.6%48.1%2.9%0.5%24.3M-1.19B-4.8M0.7214.93N/AN/A2,061,0801,479,59012,294,45015,545,180
2010-11-12$2.47$2.2148.4%13.9%57.2%44.0%49.3%2.8%0.5%8.3M-1.00B-4.9M1.138.64N/AN/A2,489,8302,809,80012,384,82015,720,670
2010-11-15$2.40$2.2151.0%14.6%57.8%49.8%51.5%0.9%-1.1%-1.1M-726.5M-4.7M0.619.76N/AN/A2,383,0101,449,70011,226,39015,097,950
2010-11-16$2.36$2.2151.2%14.7%57.4%50.3%51.7%1.8%-0.1%-10.5M-543.9M-4.7M1.1714.45N/AN/A1,812,8602,113,93011,658,92015,419,670
2010-11-17$2.38$2.2150.2%14.4%56.9%48.0%50.3%2.5%0.4%-10.5M-615.9M-4.5M0.6512.92N/AN/A1,419,390916,72011,594,38015,285,760
2010-11-18$2.40$2.2146.2%13.2%37.2%39.0%46.9%2.2%1.1%-4.7M-748.7M-4.4M1.1910.70N/AN/A1,286,9501,531,46011,688,67015,330,980
2010-11-19$2.47$2.2144.9%12.9%37.2%36.1%45.8%2.8%2.0%10.1M-1.06B-4.3M0.7210.22N/AN/A2,577,9601,857,52011,832,59015,582,420
2010-11-22$2.69$2.2146.7%13.4%47.3%40.0%47.9%2.4%-0.7%15.6M-1.38B-4.0M0.673.99N/AN/A5,936,2103,965,7108,472,24010,745,070
2010-11-23$2.68$2.2947.6%13.6%42.4%42.1%48.6%-0.2%0.2%24.4M-1.39B-4.3M0.848.04N/AN/A3,964,8003,330,3209,772,63011,811,870
2010-11-24$2.70$2.3644.8%12.8%42.4%35.8%45.6%0.3%1.2%25.9M-1.41B-4.3M0.776.25N/AN/A2,724,6802,088,31010,292,87012,712,980
2010-11-26$2.74$2.3644.6%13.6%42.1%35.4%47.9%0.1%-0.5%13.1M-1.59B-4.3M0.755.69N/AN/A2,416,5401,803,13010,714,90013,237,140
2010-11-29$2.84$2.4354.5%14.5%43.0%57.7%52.1%1.4%0.3%19.0M-1.70B-4.4M0.655.85N/AN/A4,163,3902,724,0509,876,44012,439,770
2010-11-30$2.94$2.4357.1%15.5%40.9%63.7%55.5%0.9%-0.6%23.3M-1.96B-4.5M0.655.51N/AN/A5,892,8103,809,40010,678,71013,257,930