NFLX Options History — June 2011

In June 2011, NFLX traded between $3.51 and $3.91. ATM implied volatility averaged 37.4%, placing in the 18.5% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 6.7% (HV 20d: 30.7%). Max pain ranged from $3.43 to $3.79. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 1.26.

Notable Days

  • 2011-06-16: Highest Volume — 9,475,690 contracts
  • 2011-06-06: Largest IV spike — 22.7% change
  • 2011-06-06: Highest IV Rank — 33.2%
  • 2011-06-17: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.71$3.51$3.91$3.82$3.75
Max Pain$3.66$3.43$3.79$3.43$3.64
ATM IV37.4%28.6%42.9%39.1%28.6%
Expected Move10.5%8.6%11.7%10.3%8.6%
HV 20d30.7%27.9%33.8%28.4%29.3%
HV 60d36.7%35.1%40.8%40.8%35.9%
IV Rank18.5%0.0%33.2%22.8%0.0%
IV Percentile10.0%0.0%24.6%11.9%0.0%
Term Structure7.9%2.6%12.7%2.6%12.7%
VWIV37.5%30.8%41.0%36.5%30.8%
Skew 25d4.2%1.4%6.9%1.4%3.4%
Skew 10d8.5%3.5%15.2%3.5%7.1%
Call IV 25d35.3%29.3%38.3%35.4%29.3%
Put IV 25d39.5%32.7%44.9%36.8%32.7%
Bid-Ask Spread %21.627.3529.007.3512.24
Gamma HHI0.090.040.420.090.06
Net GEX969.1K-66.8M38.6M30.2M7.1M
Net DEX-896.7M-1.87B-117.7M-1.61B-842.8M
Net VEX-10.3M-10.7M-9.7M-10.1M-10.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.260.871.681.380.87
Total Volume5,148,7102,582,8609,475,6906,454,0002,582,860
Total OI24,999,446.81818,720,03028,565,53025,206,37024,281,740

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-06-01$3.82$3.4339.1%10.3%28.4%22.8%36.5%1.4%2.6%30.2M-1.61B-10.1M1.387.35N/AN/A2,711,0303,742,97010,686,83014,519,540
2011-06-02$3.88$3.4335.0%10.0%27.9%11.9%36.0%2.4%2.6%38.6M-1.79B-10.2M1.2718.95N/AN/A2,503,8303,182,62010,905,16015,405,600
2011-06-03$3.91$3.7134.9%10.8%27.9%11.6%38.4%3.8%6.3%26.4M-1.87B-10.4M0.8820.86N/AN/A3,895,9903,413,76011,234,37016,186,310
2011-06-06$3.75$3.7142.9%11.3%32.9%33.2%40.1%3.8%5.4%1.8M-1.14B-10.5M1.5120.93N/AN/A3,111,8504,702,67010,408,23015,431,780
2011-06-07$3.77$3.7138.0%11.1%31.7%20.0%39.7%4.5%6.0%-3.5M-1.12B-10.7M1.4429.00N/AN/A1,922,2702,760,31011,036,06016,156,000
2011-06-08$3.75$3.7936.1%11.2%32.0%14.7%39.7%4.3%5.6%-9.6M-1.04B-10.6M1.3326.55N/AN/A2,009,2802,678,41011,222,47016,596,440
2011-06-09$3.75$3.7137.6%10.8%31.9%18.8%38.2%4.2%6.3%-7.1M-1.09B-10.5M1.2918.12N/AN/A1,708,2102,201,85011,444,44016,644,180
2011-06-10$3.69$3.7137.8%10.8%31.9%19.3%38.8%3.8%6.5%3.8M-828.7M-10.3M1.5828.78N/AN/A2,428,7203,841,32011,617,41016,823,450
2011-06-13$3.67$3.7138.6%11.1%32.1%21.7%38.9%3.6%6.8%-8.0M-859.7M-10.1M1.0725.81N/AN/A1,823,4301,943,83010,616,20015,561,140
2011-06-14$3.73$3.7136.5%10.5%28.4%15.7%37.2%3.5%7.7%5.9M-1.10B-9.9M1.2427.05N/AN/A1,391,2501,725,57010,889,55015,869,000
2011-06-15$3.67$3.7137.4%10.7%29.3%18.3%37.7%3.8%7.3%-13.8M-874.7M-9.9M1.5225.47N/AN/A1,440,1102,186,10010,976,84016,074,380
2011-06-16$3.56$3.7139.1%11.2%30.8%22.9%39.6%6.1%6.7%-51.3M-279.9M-9.7M1.3325.76N/AN/A4,072,3205,403,37011,041,52016,381,540
2011-06-17$3.51$3.7140.8%11.7%31.3%27.6%41.0%6.6%7.8%-66.8M-117.7M-9.9M1.6827.71N/AN/A3,050,4605,113,50011,740,68016,824,850
2011-06-20$3.51$3.6439.0%11.2%31.0%22.5%40.0%6.9%8.4%-7.6M-188.3M-9.9M1.2515.96N/AN/A1,706,9502,127,2307,659,96011,060,070
2011-06-21$3.62$3.6436.2%10.4%33.0%15.1%37.5%5.7%10.1%7.5M-507.3M-10.1M1.0722.04N/AN/A2,206,1202,355,3608,144,78011,797,590
2011-06-22$3.55$3.6435.3%10.1%33.8%12.5%36.1%4.5%10.2%-5.3M-314.8M-10.1M1.1925.17N/AN/A1,648,7801,964,6908,787,94012,394,550
2011-06-23$3.65$3.6436.4%10.4%30.9%15.4%37.3%3.9%10.0%20.3M-673.7M-10.3M1.1022.21N/AN/A2,941,9603,247,6508,976,45012,863,690
2011-06-24$3.67$3.6438.0%10.2%30.3%20.0%35.9%3.1%11.2%4.4M-755.6M-10.3M1.0528.36N/AN/A3,423,7003,603,9509,582,09013,668,060
2011-06-27$3.72$3.6441.0%10.2%30.6%28.1%36.8%3.9%11.1%9.0M-757.4M-10.5M1.0518.78N/AN/A1,917,8602,016,2808,849,40012,906,670
2011-06-28$3.79$3.6438.0%10.0%30.2%19.9%35.8%4.4%11.1%18.8M-976.8M-10.6M1.0310.63N/AN/A1,710,7301,767,5009,296,42013,594,840
2011-06-29$3.78$3.6436.5%9.3%29.9%15.7%33.2%4.0%12.2%20.5M-983.0M-10.5M1.6317.89N/AN/A1,173,0601,911,9109,782,99014,046,620
2011-06-30$3.75$3.6428.6%8.6%29.3%0.0%30.8%3.4%12.7%7.1M-842.8M-10.3M0.8712.24N/AN/A1,378,7901,204,0709,926,42014,355,320