NFLX Options History — November 2014

In November 2014, NFLX traded between $4.95 and $5.55. ATM implied volatility averaged 29.1%, placing in the 11.4% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded below realized volatility by 21.0% (HV 20d: 50.1%). Max pain ranged from $5.14 to $6.00. Net GEX was positive for 7 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.91.

Notable Days

  • 2014-11-21: Highest Volume — 8,615,950 contracts
  • 2014-11-19: Largest IV spike — 8.4% change
  • 2014-11-19: Highest IV Rank — 15.7%
  • 2014-11-24: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.33$4.95$5.55$5.55$4.95
Max Pain$5.83$5.14$6.00$6.00$5.14
ATM IV29.1%27.7%31.0%29.2%28.5%
Expected Move10.5%10.2%11.1%10.2%11.1%
HV 20d50.1%24.1%82.7%82.7%27.8%
HV 60d50.8%50.3%51.5%50.7%51.5%
IV Rank11.4%8.3%15.7%11.6%10.2%
IV Percentile14.8%11.9%21.8%12.3%13.5%
Term Structure-0.1%-0.6%0.7%0.3%-0.1%
VWIV36.3%34.8%40.2%35.3%40.2%
Skew 25d2.6%1.5%4.4%4.4%1.7%
Skew 10d5.0%3.1%8.2%5.6%3.1%
Call IV 25d28.3%26.8%30.6%27.7%28.4%
Put IV 25d30.9%29.7%32.5%32.1%30.1%
Bid-Ask Spread %36.022.8248.7539.499.41
Gamma HHI0.090.040.690.050.10
Net GEX-21.2M-218.2M32.9M23.2M-50.6M
Net DEX502.5M-81.0M1.36B-81.0M1.13B
Net VEX-7.9M-8.8M-6.6M-8.8M-6.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.751.270.981.05
Total Volume5,012,342.6322,695,1408,615,9505,974,7102,695,140
Total OI19,905,771.05316,457,49021,930,58018,738,44019,855,080

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-11-03$5.55$6.0029.2%10.2%82.7%11.6%35.3%4.4%0.3%23.2M-81.0M-8.8M0.9839.49N/AN/A3,016,5102,958,2009,104,7609,633,680
2014-11-04$5.47$6.0029.4%10.2%82.7%12.1%35.3%4.3%0.3%-2.4K277.8M-8.8M0.8441.08N/AN/A2,593,0102,187,0109,576,70010,295,740
2014-11-05$5.43$6.0029.0%10.3%81.9%11.1%35.4%3.8%0.7%-6.8M400.7M-8.6M0.8939.34N/AN/A2,297,1902,046,9409,880,50010,524,080
2014-11-06$5.48$6.0028.7%10.2%82.1%10.6%35.4%3.9%0.5%8.7M228.7M-8.6M0.8939.87N/AN/A2,381,5402,110,92010,076,15010,754,870
2014-11-07$5.49$6.0028.1%10.2%82.1%9.3%35.9%3.7%0.0%19.5M157.5M-8.4M0.7841.37N/AN/A2,934,8902,277,80010,328,36010,882,900
2014-11-10$5.53$6.0028.4%10.2%81.8%10.0%35.3%2.7%-0.4%11.6M4.5M-8.4M0.7743.34N/AN/A2,469,6701,892,7309,017,1209,886,870
2014-11-11$5.47$6.0029.3%10.3%81.1%11.8%35.0%2.2%-0.6%1.6M237.1M-8.1M0.7745.30N/AN/A2,757,3002,123,8708,871,3809,863,630
2014-11-12$5.48$6.0028.7%10.2%81.1%10.6%34.8%2.5%-0.5%-1.5M200.7M-8.4M0.8345.08N/AN/A2,480,5902,065,3509,816,73010,633,420
2014-11-13$5.42$6.0028.8%10.3%24.4%10.7%35.1%2.2%-0.4%-30.6M450.2M-8.2M0.8044.71N/AN/A2,485,9801,982,68010,187,52010,897,180
2014-11-14$5.51$6.0027.7%10.2%24.3%8.3%36.5%2.6%0.3%32.9M-80.7M-8.3M0.7746.21N/AN/A2,568,8601,965,18010,379,53011,124,330
2014-11-17$5.45$6.0028.8%10.3%24.9%10.8%35.2%2.2%-0.6%3.7M217.0M-7.9M0.8841.19N/AN/A2,211,9301,937,0409,380,7709,994,810
2014-11-18$5.44$5.9328.6%10.3%24.1%10.4%35.6%2.1%0.2%-2.5M256.9M-7.9M0.7544.52N/AN/A1,805,7201,349,5309,754,15010,351,180
2014-11-19$5.19$5.9331.0%10.6%28.9%15.7%36.7%1.9%-0.4%-48.4M1.17B-7.4M0.8648.75N/AN/A4,124,1903,536,19010,045,28010,540,670
2014-11-20$5.25$5.8630.7%10.6%28.1%14.9%36.1%2.1%-0.4%-39.1M900.2M-7.4M1.0747.26N/AN/A3,036,8803,235,82010,508,75010,771,320
2014-11-21$5.14$5.7130.7%10.7%28.8%14.9%36.4%1.9%-0.5%-218.2M1.36B-7.1M1.1246.71N/AN/A4,070,5004,545,45010,841,60011,088,980
2014-11-24$5.09$0.0029.3%11.1%28.6%12.0%38.4%1.5%0.1%-31.2M766.5M-6.9M1.062.82N/AN/A2,037,9802,160,6207,909,0208,548,470
2014-11-25$4.99$5.1429.4%11.0%28.1%12.2%38.7%1.9%-0.3%-50.0M1.08B-6.6M1.019.07N/AN/A3,606,4003,655,7508,569,4009,143,190
2014-11-26$5.02$5.1428.1%11.0%27.7%9.3%38.8%2.2%0.2%-25.8M868.0M-7.1M1.278.89N/AN/A1,595,3002,033,8509,466,0309,705,500
2014-11-28$4.95$5.1428.5%11.1%27.8%10.2%40.2%1.7%-0.1%-50.6M1.13B-6.8M1.059.41N/AN/A1,312,1501,382,9909,699,20010,155,880