NFLX Options History — August 2013

In August 2013, NFLX traded between $3.52 and $4.11. ATM implied volatility averaged 38.7%, placing in the 4.1% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 5.0% (HV 20d: 33.7%). Max pain ranged from $3.36 to $4.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.87.

Notable Days

  • 2013-08-20: Highest Volume — 7,657,090 contracts
  • 2013-08-15: Largest IV spike — 8.4% change
  • 2013-08-27: Highest IV Rank — 8.6%
  • 2013-08-26: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.77$3.52$4.11$3.56$4.06
Max Pain$3.63$3.36$4.00$3.50$3.93
ATM IV38.7%34.6%40.6%40.2%39.4%
Expected Move11.1%9.9%11.7%11.5%11.2%
HV 20d33.7%29.7%41.3%41.1%33.3%
HV 60d41.3%39.8%43.4%43.3%39.8%
IV Rank4.1%0.0%8.6%1.8%7.0%
IV Percentile3.0%0.0%9.1%1.6%5.2%
Term Structure0.5%-0.9%2.4%-0.5%0.6%
VWIV39.2%34.7%41.3%40.7%39.5%
Skew 25d1.4%0.0%2.5%2.5%1.8%
Skew 10d3.2%-0.0%5.5%5.5%3.6%
Call IV 25d38.6%34.5%41.1%39.4%38.8%
Put IV 25d40.0%35.9%41.9%41.9%40.6%
Bid-Ask Spread %11.797.1720.7916.319.92
Gamma HHI0.090.060.170.070.08
Net GEX24.5M-6.0M54.0M15.7M17.0M
Net DEX-1.37B-1.98B-851.4M-970.2M-1.65B
Net VEX-5.9M-6.5M-5.3M-5.8M-6.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.870.691.200.871.13
Total Volume4,560,016.3642,046,6607,657,0903,407,6704,978,190
Total OI19,420,179.54515,930,95021,785,05019,730,27021,785,050

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-08-01$3.56$3.5040.2%11.5%41.1%1.8%40.7%2.5%-0.5%15.7M-970.2M-5.8M0.8716.31N/AN/A1,823,1501,584,5209,751,1409,979,130
2013-08-02$3.52$3.5038.9%11.2%41.3%0.0%39.1%2.5%-0.6%-2.8M-851.4M-5.6M0.8914.48N/AN/A1,512,2101,339,6609,981,58010,138,310
2013-08-05$3.63$3.5740.4%11.5%40.9%2.4%40.3%1.9%-0.1%18.4M-1.14B-5.6M0.7411.14N/AN/A2,836,4002,105,1108,813,2809,082,920
2013-08-06$3.66$3.5740.2%11.5%35.4%2.1%40.0%1.9%-0.1%28.0M-1.27B-5.7M0.7314.31N/AN/A2,631,2301,933,1209,408,1409,638,370
2013-08-07$3.56$3.6440.6%11.6%36.3%2.6%40.9%1.8%0.1%4.5M-934.1M-5.7M0.8013.40N/AN/A1,981,3501,576,5409,710,75010,094,700
2013-08-08$3.58$3.5738.7%11.1%36.4%0.0%38.7%1.9%-0.0%12.5M-1.01B-5.7M0.9011.92N/AN/A1,486,3801,334,48010,007,06010,324,300
2013-08-09$3.61$3.5737.0%10.6%31.2%0.0%37.5%2.1%0.3%18.4M-1.12B-5.5M1.208.20N/AN/A1,330,1401,599,2209,985,57010,395,420
2013-08-12$3.67$3.5737.2%10.7%31.7%0.2%37.3%2.1%0.4%23.4M-1.22B-5.4M0.8415.96N/AN/A1,718,9201,449,0708,875,0909,396,240
2013-08-13$3.70$3.5734.6%9.9%31.7%0.0%34.7%1.4%0.6%31.7M-1.32B-5.3M0.807.61N/AN/A2,721,1802,185,6809,233,4909,867,970
2013-08-14$3.74$3.6435.9%10.3%30.2%1.9%35.8%1.1%0.8%39.5M-1.42B-5.6M0.7810.85N/AN/A2,309,3001,793,0509,613,24010,156,790
2013-08-15$3.62$0.0038.9%11.2%32.2%6.3%39.5%1.3%-0.5%-6.0M-950.5M-5.7M1.0814.89N/AN/A2,117,7802,280,3209,861,67010,547,180
2013-08-16$3.70$3.7137.4%10.8%33.2%4.0%38.1%1.2%-0.9%24.4M-1.27B-5.7M0.8517.29N/AN/A2,846,4802,423,05010,150,35010,746,330
2013-08-19$3.71$3.3637.4%10.7%33.1%4.1%38.1%1.8%2.4%24.6M-1.18B-5.7M0.799.33N/AN/A2,101,0501,666,0707,735,9808,194,970
2013-08-20$3.90$3.4339.5%11.3%33.3%7.2%40.1%0.2%1.4%45.0M-1.73B-5.8M0.7220.79N/AN/A4,461,6603,195,4308,435,9108,793,260
2013-08-21$3.86$3.4339.2%11.2%30.2%6.7%40.1%0.4%2.0%42.2M-1.58B-6.2M0.777.61N/AN/A3,281,8102,512,8609,218,1609,643,550
2013-08-22$3.85$3.4338.4%11.0%29.7%5.5%39.4%0.6%1.4%34.8M-1.50B-6.3M0.878.86N/AN/A1,095,710950,9509,419,48010,026,310
2013-08-23$3.98$3.5038.0%10.8%31.0%4.9%38.6%0.0%1.5%29.3M-1.94B-6.1M0.6916.03N/AN/A3,887,1002,689,6809,453,15010,259,550
2013-08-26$4.04$3.9340.4%11.7%30.9%8.5%41.3%0.9%0.4%35.4M-1.81B-6.1M0.827.86N/AN/A4,090,9403,353,3508,451,4509,274,370
2013-08-27$3.94$3.9340.5%11.7%32.6%8.6%41.3%0.6%0.7%13.8M-1.43B-6.4M0.837.70N/AN/A2,765,1402,296,9809,152,36010,321,430
2013-08-28$4.05$3.9340.0%11.5%33.3%7.9%40.2%1.1%0.8%35.7M-1.79B-6.3M0.957.17N/AN/A2,252,8102,138,9209,568,09010,714,620
2013-08-29$4.11$4.0039.7%11.4%33.2%7.5%40.5%1.8%0.3%54.0M-1.98B-6.4M1.057.68N/AN/A2,777,9502,905,4209,848,79011,188,450
2013-08-30$4.06$3.9339.4%11.2%33.3%7.0%39.5%1.8%0.6%17.0M-1.65B-6.5M1.139.92N/AN/A2,334,9902,643,20010,082,03011,703,020