NFLX Options History — June 2014

In June 2014, NFLX traded between $5.97 and $6.41. ATM implied volatility averaged 38.0%, placing in the 13.1% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 10.5% (HV 20d: 27.5%). Max pain ranged from $4.29 to $8.79. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 1.09.

Notable Days

  • 2014-06-17: Highest Volume — 8,973,160 contracts
  • 2014-06-23: Largest IV spike — 28.3% change
  • 2014-06-26: Highest IV Rank — 35.8%
  • 2014-06-16: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.19$5.97$6.41$6.03$6.29
Max Pain$6.03$4.29$8.79$5.71$5.93
ATM IV38.0%31.4%50.3%36.7%49.4%
Expected Move11.5%11.3%11.7%11.5%11.3%
HV 20d27.5%20.5%40.1%39.4%20.5%
HV 60d44.9%42.2%46.6%46.3%42.2%
IV Rank13.1%0.9%35.8%10.6%34.1%
IV Percentile28.0%0.8%68.3%28.2%67.9%
Term Structure3.1%-2.7%16.8%0.0%-2.6%
VWIV41.2%38.5%44.1%40.6%39.5%
Skew 25d2.8%1.1%5.9%2.3%3.1%
Skew 10d6.0%3.8%13.6%6.1%6.6%
Call IV 25d37.5%29.1%48.7%36.9%47.3%
Put IV 25d40.3%31.9%52.5%39.2%50.3%
Bid-Ask Spread %14.376.0417.7015.1914.53
Gamma HHI0.100.040.790.060.05
Net GEX51.2M-47.1M420.5M47.1M24.0M
Net DEX-2.23B-3.24B-1.49B-2.36B-1.63B
Net VEX-9.0M-9.4M-8.3M-9.3M-8.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.090.731.391.031.31
Total Volume5,704,346.6672,823,5208,973,1604,982,2503,937,920
Total OI19,457,04014,106,89022,855,49018,507,65014,106,890

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-06-02$6.03$5.7136.7%11.5%39.4%10.6%40.6%2.3%0.0%47.1M-2.36B-9.3M1.0315.19N/AN/A2,453,8502,528,4008,362,41010,145,240
2014-06-03$5.97$5.7136.8%11.5%40.1%10.9%41.9%2.2%-0.3%38.8M-2.17B-9.4M1.1914.31N/AN/A1,997,5902,385,7408,865,78010,726,940
2014-06-04$6.05$5.7136.0%11.5%32.2%9.3%39.9%1.8%0.3%49.7M-2.41B-9.3M1.0716.62N/AN/A2,667,2102,863,2809,128,28011,289,180
2014-06-05$6.12$0.0036.0%11.6%30.1%9.4%44.1%1.7%0.1%92.1M-2.77B-9.3M1.226.04N/AN/A2,903,3903,535,9109,662,03011,966,430
2014-06-06$6.14$4.2934.3%11.6%30.1%6.3%38.5%1.1%-0.3%420.5M-2.91B-9.1M0.9015.16N/AN/A4,083,1703,666,7409,947,28012,420,800
2014-06-09$6.04$8.7934.7%11.6%31.9%7.0%41.0%2.0%-0.5%20.6M-2.03B-9.2M1.1014.32N/AN/A1,960,7002,152,6408,425,97010,536,610
2014-06-10$6.12$6.7132.7%11.5%28.7%3.3%40.3%1.8%0.4%35.6M-2.29B-9.2M1.1715.41N/AN/A2,875,8803,354,4008,846,11011,057,620
2014-06-11$6.14$6.1432.2%11.6%28.7%2.4%40.6%2.3%1.2%23.1M-2.31B-9.1M1.1913.78N/AN/A1,862,7702,224,3209,237,97011,766,790
2014-06-12$6.04$6.0032.4%11.6%30.4%2.8%42.4%2.4%1.2%-47.1M-1.75B-9.2M1.0814.94N/AN/A3,021,0603,266,0609,491,23012,169,010
2014-06-13$6.11$6.0031.4%11.5%28.1%0.9%41.0%4.0%1.9%28.1M-2.17B-9.1M1.2213.09N/AN/A3,633,7004,422,1809,877,07012,461,540
2014-06-16$6.15$6.0033.5%11.7%28.0%4.8%42.1%3.0%13.1%51.6M-2.32B-8.9M1.1214.35N/AN/A1,935,8502,159,1508,715,28010,801,560
2014-06-17$6.34$6.0032.8%11.5%26.7%3.5%42.8%2.5%14.0%90.7M-3.08B-8.8M0.8914.26N/AN/A4,755,1004,218,0609,049,39011,333,630
2014-06-18$6.41$5.9332.2%11.5%26.5%2.3%41.1%2.5%14.8%83.0M-3.24B-9.1M0.9617.70N/AN/A2,862,0202,745,2609,593,29012,473,160
2014-06-19$6.31$5.9332.6%11.5%23.4%3.2%39.3%2.3%15.0%19.5M-2.59B-8.7M0.7316.16N/AN/A3,401,8602,473,8009,550,87012,326,860
2014-06-20$6.29$5.9334.5%11.4%23.6%6.5%42.3%1.7%16.8%-19.9M-2.50B-8.7M1.0214.49N/AN/A3,764,8803,825,15010,094,35012,761,140
2014-06-23$6.28$6.0044.2%11.5%22.4%24.6%43.1%4.2%-2.0%24.9M-1.64B-8.7M1.3914.41N/AN/A1,183,8401,639,6806,852,5807,410,760
2014-06-24$6.23$6.0047.0%11.4%22.3%29.8%41.1%3.7%-1.9%-3.0M-1.49B-8.7M0.9614.65N/AN/A3,371,9703,253,1807,253,8208,086,610
2014-06-25$6.35$5.9349.5%11.4%22.8%34.3%42.0%5.9%-1.5%38.9M-1.88B-8.8M0.9113.38N/AN/A2,648,1002,416,8207,840,0708,708,560
2014-06-26$6.28$5.9350.3%11.4%20.6%35.8%0.0%3.7%-2.7%-3.0M-1.59B-8.8M1.1713.95N/AN/A2,069,2002,416,4708,171,2409,106,020
2014-06-27$6.32$5.9348.9%11.4%20.6%33.3%40.4%4.6%-2.2%60.9M-1.82B-8.6M1.2015.09N/AN/A3,121,9303,732,0508,453,0609,524,410
2014-06-30$6.29$5.9349.4%11.3%20.5%34.1%39.5%3.1%-2.6%24.0M-1.63B-8.3M1.3114.53N/AN/A1,704,1502,233,7706,694,3807,412,510