NFLX Options History — October 2011

In October 2011, NFLX traded between $1.11 and $1.76. ATM implied volatility averaged 84.2%, placing in the 75.0% IV rank vs the trailing year. The 30-day expected move averaged 23.6%. IV traded below realized volatility by 16.6% (HV 20d: 100.8%). Max pain ranged from $1.29 to $2.07. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.89.

Notable Days

  • 2011-10-25: Highest Volume — 24,259,970 contracts
  • 2011-10-10: Largest IV spike — 50.3% change
  • 2011-10-03: Highest IV Rank — 100.0%
  • 2011-10-24: Largest Expected Move — 27.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.53$1.11$1.76$1.62$1.17
Max Pain$1.68$1.29$2.07$2.07$1.29
ATM IV84.2%63.0%104.6%99.3%70.3%
Expected Move23.6%18.4%27.7%24.4%18.5%
HV 20d100.8%61.1%164.7%93.8%162.6%
HV 60d82.9%71.1%114.4%71.1%114.4%
IV Rank75.0%46.5%100.0%100.0%55.9%
IV Percentile95.6%85.7%100.0%100.0%88.9%
Term Structure-3.5%-13.5%9.7%4.7%2.0%
VWIV83.5%65.4%97.5%86.4%67.1%
Skew 25d9.8%4.0%16.0%9.4%5.3%
Skew 10d18.0%6.5%31.0%13.9%8.9%
Call IV 25d77.9%62.9%90.9%82.2%63.6%
Put IV 25d87.7%67.9%101.2%91.6%68.8%
Bid-Ask Spread %10.385.6023.246.6911.37
Gamma HHI0.080.050.120.070.07
Net GEX-1.0M-7.0M6.1M-3.0M-2.7M
Net DEX872.4M545.2M1.18B973.8M673.0M
Net VEX-4.3M-5.4M-1.9M-5.1M-2.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.471.420.831.17
Total Volume7,293,963.3332,923,41024,259,9704,524,2402,923,410
Total OI34,357,34028,860,37040,642,21031,255,77033,941,040

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-10-03$1.62$2.0799.3%24.4%93.8%100.0%86.4%9.4%4.7%-3.0M973.8M-5.1M0.836.69N/AN/A2,469,2502,054,99016,925,30014,330,470
2011-10-04$1.64$2.0788.3%22.4%92.9%84.8%79.7%10.5%7.5%-1.2M949.2M-5.1M0.9910.23N/AN/A2,114,4202,093,49017,569,58014,471,030
2011-10-05$1.71$2.0083.4%20.5%96.4%78.1%74.1%8.4%9.1%2.8M823.7M-5.3M0.728.95N/AN/A2,506,6301,802,85017,754,31014,267,120
2011-10-06$1.76$2.0067.4%18.6%98.5%56.0%68.7%7.9%9.7%6.1M741.1M-5.4M0.715.60N/AN/A2,125,8301,509,97018,051,46014,407,820
2011-10-07$1.67$1.7969.6%22.5%98.9%59.0%78.4%9.8%-5.2%-2.1M920.4M-4.9M0.757.77N/AN/A2,454,9701,847,37018,069,87014,363,300
2011-10-10$1.59$1.79104.6%26.5%96.7%100.0%91.4%12.7%-8.9%-3.3M973.4M-4.6M1.029.63N/AN/A5,053,6505,132,96017,036,32013,623,610
2011-10-11$1.55$1.79100.6%26.9%96.3%94.9%95.2%10.0%-9.2%-6.2M1.07B-4.4M1.4212.82N/AN/A4,923,3806,982,43018,296,53014,900,480
2011-10-12$1.62$1.7177.2%26.3%99.6%64.8%92.8%10.5%-7.9%-665.4K878.1M-5.1M0.8412.75N/AN/A3,626,7003,050,39019,634,86016,026,780
2011-10-13$1.67$1.7187.4%25.1%75.8%77.9%88.1%10.2%-7.1%4.3M775.6M-5.1M0.7712.51N/AN/A3,954,2303,045,84019,901,14016,447,200
2011-10-14$1.66$1.7187.3%25.0%71.5%77.7%87.2%10.9%-8.0%-1.1M814.5M-4.9M0.738.55N/AN/A4,264,1203,106,46020,157,69016,416,680
2011-10-17$1.68$1.6489.1%25.5%68.1%80.1%91.8%9.9%-9.6%-454.1K837.3M-4.9M0.988.36N/AN/A1,881,9501,836,24018,549,02014,945,350
2011-10-18$1.60$1.6488.3%25.3%61.1%79.0%89.2%10.6%-8.8%-4.0M982.4M-4.4M0.9412.66N/AN/A2,307,4102,168,18018,949,63015,058,470
2011-10-19$1.56$1.6487.2%25.0%61.3%77.6%88.1%16.0%-7.8%-5.0M1.03B-4.1M1.0510.08N/AN/A3,423,5603,579,24019,254,97015,192,590
2011-10-20$1.59$1.6488.4%25.4%62.0%79.2%90.8%14.3%-9.6%-2.8M979.3M-4.3M1.089.34N/AN/A1,787,1001,932,00019,688,48015,791,090
2011-10-21$1.67$1.6490.5%25.9%64.9%81.8%90.6%11.0%-9.1%596.1K749.6M-4.7M0.4712.74N/AN/A5,819,3802,764,44020,038,34016,089,570
2011-10-24$1.70$1.6496.5%27.7%64.6%89.7%97.5%10.3%-13.5%3.1M545.2M-5.2M0.7623.24N/AN/A5,505,6404,160,94016,319,10012,541,270
2011-10-25$1.11$1.6487.1%25.0%163.9%77.5%86.6%12.0%-4.5%-7.0M1.18B-1.9M1.018.10N/AN/A12,067,72012,192,25018,344,27014,257,530
2011-10-26$1.13$1.3674.5%21.4%164.7%61.3%75.3%4.0%-0.7%90.6K957.3M-2.7M0.866.03N/AN/A6,282,2205,409,25023,106,02016,393,790
2011-10-27$1.16$1.2968.9%19.8%161.5%54.1%70.2%8.0%0.8%2.8M817.5M-2.8M0.9812.16N/AN/A3,304,3503,237,50024,190,32016,451,890
2011-10-28$1.20$1.2963.0%18.4%162.7%46.5%65.4%5.1%1.3%-2.0M644.6M-2.9M0.648.38N/AN/A3,939,3202,531,20023,887,36015,862,490
2011-10-31$1.17$1.2970.3%18.5%162.6%55.9%67.1%5.3%2.0%-2.7M673.0M-2.8M1.1711.37N/AN/A1,348,5501,574,86020,272,42013,668,620