NFLX Options History — August 2014

In August 2014, NFLX traded between $6.04 and $6.87. ATM implied volatility averaged 26.9%, placing in the 1.4% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded below realized volatility by 0.1% (HV 20d: 27.0%). Max pain ranged from $6.21 to $6.93. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.99.

Notable Days

  • 2014-08-07: Highest Volume — 11,467,190 contracts
  • 2014-08-11: Largest IV drop — 8.8% change
  • 2014-08-05: Highest IV Rank — 5.9%
  • 2014-08-06: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.53$6.04$6.87$6.08$6.82
Max Pain$6.43$6.21$6.93$6.21$6.93
ATM IV26.9%23.9%31.9%31.4%24.1%
Expected Move10.2%9.6%10.8%10.7%9.6%
HV 20d27.0%20.4%31.8%29.8%20.4%
HV 60d30.5%28.5%32.9%32.8%28.5%
IV Rank1.4%0.0%5.9%5.0%0.3%
IV Percentile1.3%0.0%5.2%4.4%0.8%
Term Structure0.6%-0.5%1.5%-0.4%0.5%
VWIV35.9%33.5%38.6%37.6%35.0%
Skew 25d2.0%-0.1%4.5%4.2%0.5%
Skew 10d4.0%1.2%10.2%10.2%1.2%
Call IV 25d26.4%24.1%30.8%29.8%24.1%
Put IV 25d28.4%24.2%34.0%34.0%24.6%
Bid-Ask Spread %23.4720.1927.8826.6321.53
Gamma HHI0.090.040.230.210.04
Net GEX45.2M-106.1M162.9M70.8M20.2M
Net DEX-1.69B-2.87B-383.6M-507.7M-2.05B
Net VEX-9.8M-10.2M-9.4M-9.7M-9.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.990.761.341.241.04
Total Volume5,972,116.6673,614,38011,467,19011,340,2806,115,620
Total OI19,208,42015,633,94020,996,36020,235,25020,842,640

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-08-01$6.08$6.2131.4%10.7%29.8%5.0%37.6%4.2%-0.4%70.8M-507.7M-9.7M1.2426.63N/AN/A5,052,1106,288,1709,814,56010,420,690
2014-08-04$6.04$6.2131.4%10.7%28.8%4.8%36.5%3.1%1.0%156.9K-395.0M-9.7M1.1122.63N/AN/A1,766,4501,956,4308,165,3609,117,920
2014-08-05$6.04$6.2131.9%10.8%26.6%5.9%38.6%2.6%0.1%-4.0M-383.6M-9.8M1.0022.84N/AN/A2,056,4602,051,9808,591,5209,598,750
2014-08-06$6.15$6.2131.3%10.8%27.5%4.6%37.7%2.5%0.4%58.8M-901.7M-9.9M1.0226.78N/AN/A2,721,8102,782,9909,043,8609,896,670
2014-08-07$6.42$6.2130.2%10.6%31.6%2.4%37.1%4.5%0.8%137.9M-2.27B-9.9M0.7824.47N/AN/A6,438,7405,028,4509,283,47010,231,410
2014-08-08$6.37$6.2130.2%10.7%31.8%2.4%38.0%3.5%0.7%-14.3M-1.76B-10.1M0.8026.02N/AN/A4,305,8403,446,8009,710,68011,285,680
2014-08-11$6.45$6.2127.5%10.5%30.5%0.0%37.6%1.5%-0.1%76.4M-1.73B-9.8M1.1124.22N/AN/A2,517,1302,791,8808,436,0509,528,190
2014-08-12$6.38$6.2926.6%10.4%30.6%0.0%36.4%2.2%-0.5%-1.6M-1.17B-10.0M0.8925.62N/AN/A2,439,2902,168,0408,832,67010,494,470
2014-08-13$6.45$6.2926.8%10.5%30.7%0.5%36.4%2.2%1.1%74.3M-1.69B-10.2M0.9127.10N/AN/A2,225,5102,022,0209,395,12010,927,980
2014-08-14$6.44$6.2926.5%10.4%30.3%0.0%36.0%2.0%-0.4%41.0M-1.51B-9.8M0.8826.75N/AN/A1,927,3101,687,0709,357,11010,981,670
2014-08-15$6.56$6.2926.6%10.4%30.7%0.1%37.6%2.2%0.6%145.7M-2.48B-9.5M0.7627.88N/AN/A5,975,9004,550,6309,585,59011,223,590
2014-08-18$6.66$6.2925.3%10.1%30.6%0.0%36.3%1.5%0.7%65.0M-1.88B-9.4M1.1121.82N/AN/A2,704,1003,000,2007,159,0408,474,900
2014-08-19$6.69$6.2924.7%10.0%24.6%0.0%34.1%1.7%0.9%29.5M-1.87B-9.7M0.8821.47N/AN/A2,238,3201,978,2007,826,5609,767,170
2014-08-20$6.75$6.5025.4%10.0%24.2%1.4%34.7%1.8%1.3%73.1M-2.18B-9.8M0.8921.20N/AN/A3,226,3702,865,0308,231,65010,213,910
2014-08-21$6.74$6.5724.4%9.9%24.0%0.0%35.2%1.3%1.5%56.4M-2.17B-10.0M0.9020.97N/AN/A2,692,9002,425,5008,905,33011,014,570
2014-08-22$6.85$6.5724.2%9.8%23.6%0.0%34.4%0.7%1.4%162.9M-2.87B-9.8M0.7820.78N/AN/A4,928,7003,866,5209,218,86011,311,860
2014-08-25$6.87$6.5724.0%9.7%23.7%0.0%33.5%1.4%0.8%87.6M-2.34B-9.6M1.0421.07N/AN/A2,384,4802,484,5108,021,1609,499,770
2014-08-26$6.85$6.7124.2%9.7%23.8%0.4%33.5%1.2%0.2%32.4M-2.09B-9.9M1.3420.19N/AN/A1,607,3402,156,7008,509,34010,391,640
2014-08-27$6.78$6.9323.9%9.7%23.5%0.0%34.3%-0.1%0.7%-57.6M-1.60B-10.0M1.1320.86N/AN/A2,087,4002,368,6608,757,07010,910,900
2014-08-28$6.79$6.9324.5%9.7%20.4%1.1%34.4%1.1%1.0%-106.1M-1.62B-10.0M1.0821.95N/AN/A1,959,7902,123,1009,050,72011,346,720
2014-08-29$6.82$6.9324.1%9.6%20.4%0.3%35.0%0.5%0.5%20.2M-2.05B-9.8M1.0421.53N/AN/A3,002,9303,112,6909,200,17011,642,470