NFLX Options History — July 2013

In July 2013, NFLX traded between $3.16 and $3.83. ATM implied volatility averaged 65.7%, placing in the 42.2% IV rank vs the trailing year. The 30-day expected move averaged 18.8%. IV traded above realized volatility by 20.0% (HV 20d: 45.6%). Max pain ranged from $3.07 to $3.71. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.88.

Notable Days

  • 2013-07-23: Highest Volume — 16,265,200 contracts
  • 2013-07-23: Largest IV drop — 39.3% change
  • 2013-07-09: Highest IV Rank — 72.5%
  • 2013-07-09: Largest Expected Move — 24.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.52$3.16$3.83$3.20$3.49
Max Pain$3.39$3.07$3.71$3.07$3.57
ATM IV65.7%41.0%85.0%74.3%41.0%
Expected Move18.8%11.7%24.4%20.9%11.7%
HV 20d45.6%39.7%51.1%46.3%40.9%
HV 60d53.1%41.6%62.2%61.7%43.5%
IV Rank42.2%3.1%72.5%56.5%3.1%
IV Percentile61.0%4.8%98.0%83.7%4.8%
Term Structure-7.1%-15.3%0.5%-8.9%-0.1%
VWIV65.5%41.2%85.0%73.0%41.5%
Skew 25d4.1%2.3%6.9%4.9%2.4%
Skew 10d7.3%4.5%13.4%7.9%5.2%
Call IV 25d63.2%39.8%83.2%70.2%40.3%
Put IV 25d67.2%42.4%86.4%75.1%42.6%
Bid-Ask Spread %6.501.7612.063.7912.06
Gamma HHI0.130.040.810.060.06
Net GEX25.9M-23.3M205.6M13.0M743.3K
Net DEX-1.21B-2.06B-457.8M-828.8M-759.0M
Net VEX-5.7M-6.0M-5.4M-5.4M-5.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.681.071.010.92
Total Volume5,240,731.3641,861,93016,265,2004,292,1902,832,760
Total OI18,635,71514,774,76023,694,09014,774,76019,203,800

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-07-01$3.20$3.0774.3%20.9%46.3%56.5%73.0%4.9%-8.9%13.0M-828.8M-5.4M1.013.79N/AN/A2,131,9902,160,2007,378,7007,396,060
2013-07-02$3.16$3.0776.0%21.6%46.2%59.0%75.6%5.2%-9.5%8.6M-725.6M-5.5M1.037.87N/AN/A1,392,0201,428,5607,921,8308,124,760
2013-07-03$3.16$3.0776.5%21.9%46.1%59.8%76.5%4.7%-9.5%5.1M-701.6M-5.5M0.843.58N/AN/A1,011,290850,6408,080,9408,432,410
2013-07-05$3.22$3.0777.3%22.1%45.6%60.3%77.2%4.4%-10.4%205.6M-909.3M-5.4M0.743.29N/AN/A1,895,4601,405,6008,254,9608,475,180
2013-07-08$3.33$3.1481.5%23.4%47.0%67.0%82.2%3.7%-12.5%17.9M-1.07B-5.4M0.893.39N/AN/A2,830,4502,524,8307,655,0607,662,620
2013-07-09$3.53$3.2185.0%24.4%51.1%72.5%85.0%3.2%-14.5%34.1M-1.59B-5.5M0.874.09N/AN/A4,142,6003,585,9608,325,0308,313,690
2013-07-10$3.48$3.4383.8%24.0%50.0%70.7%84.2%3.3%-14.2%27.8M-1.44B-5.9M1.024.93N/AN/A1,967,8401,998,1509,200,2409,272,830
2013-07-11$3.49$0.0075.0%21.8%47.9%56.8%75.9%4.2%-6.2%36.2M-1.48B-5.8M0.881.76N/AN/A2,011,5201,764,0709,475,2709,387,140
2013-07-12$3.68$3.4376.9%22.6%49.4%59.8%78.9%5.0%-6.8%28.4M-2.06B-5.8M0.683.98N/AN/A5,597,2703,831,3809,597,9809,559,760
2013-07-15$3.69$3.2975.9%21.0%49.2%58.2%73.5%4.4%-14.3%26.7M-1.71B-5.8M0.834.08N/AN/A1,994,1601,646,1908,763,2308,664,810
2013-07-16$3.72$3.2976.9%21.5%43.9%59.8%74.7%5.5%-15.0%31.4M-1.80B-5.9M0.784.16N/AN/A3,374,4902,623,6009,140,8109,078,090
2013-07-17$3.83$3.2976.2%21.6%44.4%58.6%75.5%5.9%-15.3%39.3M-2.03B-5.9M0.814.67N/AN/A2,138,4301,740,3409,530,2909,620,870
2013-07-18$3.81$3.2973.3%21.0%44.6%54.1%72.7%5.7%-3.3%36.5M-1.93B-5.8M0.745.47N/AN/A2,575,0201,902,2509,584,0509,843,400
2013-07-19$3.78$3.3671.6%20.8%41.6%51.4%71.3%4.5%-4.2%66.6M-1.74B-5.9M0.704.58N/AN/A2,627,5201,849,4009,843,82010,351,320
2013-07-22$3.74$3.7172.1%20.3%39.7%52.3%70.8%6.9%-12.4%14.8M-1.38B-5.9M0.846.91N/AN/A6,389,7405,363,4707,930,1607,721,140
2013-07-23$3.58$3.7143.8%12.6%44.0%7.5%43.9%3.3%-0.5%4.4M-961.1M-5.6M0.9111.68N/AN/A8,518,9307,746,27010,869,11010,414,530
2013-07-24$3.45$3.6442.0%12.0%46.2%4.7%42.1%2.8%0.1%-23.3M-457.8M-5.9M0.9710.16N/AN/A3,038,0702,934,61011,752,72011,317,250
2013-07-25$3.52$3.6442.0%12.0%46.4%4.7%42.2%2.3%0.4%-9.3M-752.3M-6.0M1.0110.85N/AN/A2,113,8602,145,36012,028,94011,460,190
2013-07-26$3.52$3.5741.1%11.7%46.5%3.3%41.2%2.6%0.5%1.8M-736.1M-6.0M0.9610.60N/AN/A2,199,8902,101,96012,131,56011,562,530
2013-07-29$3.50$3.7141.6%12.0%45.8%4.1%41.9%2.4%-0.2%4.0M-793.1M-5.8M1.079.06N/AN/A1,295,9801,385,4408,830,5709,108,470
2013-07-30$3.48$3.5741.5%11.9%41.4%4.0%42.2%2.5%-0.3%111.6K-732.4M-5.8M0.9011.96N/AN/A1,171,2401,057,2809,216,4809,503,130
2013-07-31$3.49$3.5741.0%11.7%40.9%3.1%41.5%2.4%-0.1%743.3K-759.0M-5.8M0.9212.06N/AN/A1,473,8501,358,9109,499,8409,703,960