NFLX Options History — December 2014

In December 2014, NFLX traded between $4.52 and $5.06. ATM implied volatility averaged 39.8%, placing in the 34.9% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 9.4% (HV 20d: 30.4%). Max pain ranged from $5.00 to $5.07. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 1.03.

Notable Days

  • 2014-12-17: Highest Volume — 6,276,760 contracts
  • 2014-12-22: Largest IV spike — 17.7% change
  • 2014-12-31: Highest IV Rank — 65.8%
  • 2014-12-16: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.85$4.52$5.06$4.89$4.88
Max Pain$5.01$5.00$5.07$5.07$5.00
ATM IV39.8%27.7%53.9%29.5%53.9%
Expected Move12.5%11.0%13.8%11.2%13.1%
HV 20d30.4%23.6%37.2%23.6%31.6%
HV 60d52.5%51.5%53.5%51.5%52.7%
IV Rank34.9%8.5%65.8%12.4%65.8%
IV Percentile53.0%12.3%86.5%19.8%86.5%
Term Structure3.5%-3.5%11.5%0.4%-2.8%
VWIV43.4%38.8%47.0%39.4%45.0%
Skew 25d4.7%2.0%9.3%2.8%6.7%
Skew 10d9.7%4.1%16.8%6.0%13.3%
Call IV 25d38.0%27.0%52.3%28.6%50.0%
Put IV 25d42.8%29.2%59.1%31.3%56.7%
Bid-Ask Spread %13.268.9427.019.4821.25
Gamma HHI0.110.050.670.070.10
Net GEX-668.7K-57.5M173.0M-37.3M28.1M
Net DEX697.8M89.9M1.68B1.06B243.9M
Net VEX-6.6M-6.9M-5.9M-6.5M-6.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.781.381.151.08
Total Volume4,489,154.0912,476,2506,276,7604,019,4702,476,250
Total OI18,300,192.27314,830,48020,996,22017,241,70016,804,620

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-12-01$4.89$5.0729.5%11.2%23.6%12.4%39.4%2.8%0.4%-37.3M1.06B-6.5M1.159.48N/AN/A1,865,5702,153,9008,245,0908,996,610
2014-12-02$5.02$5.0028.1%11.1%26.5%9.4%39.4%2.9%-0.0%-9.9M606.5M-6.9M1.009.77N/AN/A2,128,0702,126,8808,666,4209,424,590
2014-12-03$5.06$5.0027.7%11.0%26.5%8.5%38.8%2.2%0.8%8.6M429.0M-6.9M0.9710.96N/AN/A2,400,7202,327,7809,095,7309,750,160
2014-12-04$5.01$5.0028.1%11.2%26.6%9.3%39.3%3.2%0.9%-16.6M615.6M-6.9M0.938.94N/AN/A2,237,9002,080,4709,447,34010,008,530
2014-12-05$5.00$5.0027.9%11.2%26.3%8.8%39.0%2.0%0.4%-57.5M663.2M-6.9M1.1910.41N/AN/A2,296,2802,740,4309,773,54010,314,010
2014-12-08$4.84$5.0029.1%11.5%27.9%11.5%39.2%2.8%6.7%-36.7M1.05B-6.4M1.099.69N/AN/A2,318,0502,518,8808,512,4909,119,950
2014-12-09$4.91$5.0729.2%11.6%28.4%11.7%40.3%3.6%6.0%-24.5M848.7M-6.8M0.8814.75N/AN/A3,040,5202,675,8909,199,3309,723,490
2014-12-10$4.78$5.0731.6%12.2%29.2%16.9%42.1%2.6%6.7%-31.7M1.13B-6.7M1.1710.96N/AN/A2,106,4402,469,3209,805,2509,951,900
2014-12-11$4.77$5.0732.6%12.4%29.1%19.1%42.8%2.9%7.4%-38.9M1.22B-6.6M0.9110.28N/AN/A2,418,4302,198,42010,077,69010,214,750
2014-12-12$4.78$5.0034.6%12.7%29.2%23.4%44.5%3.2%8.1%-31.6M1.23B-6.7M0.9810.37N/AN/A3,032,3302,963,73010,369,52010,446,870
2014-12-15$4.69$5.0039.5%13.2%28.0%34.2%46.0%5.1%10.4%-31.0M1.23B-6.3M1.3210.67N/AN/A2,155,9302,837,8709,414,7909,419,550
2014-12-16$4.52$5.0043.0%13.8%29.8%42.0%47.0%5.6%10.4%-45.7M1.68B-5.9M1.3811.25N/AN/A2,316,6503,202,2209,820,79010,017,140
2014-12-17$4.76$5.0041.8%13.5%37.2%39.3%46.8%5.2%11.5%-3.1M819.8M-6.7M1.0911.96N/AN/A3,007,4803,269,28010,219,8609,959,460
2014-12-18$4.76$5.0041.1%13.2%33.8%37.8%46.6%5.2%11.5%-3.0M802.8M-6.6M0.9411.96N/AN/A2,978,0802,802,17010,413,55010,214,540
2014-12-19$4.86$5.0042.4%13.0%34.4%40.5%45.1%5.3%10.9%173.0M369.6M-6.6M0.7810.82N/AN/A2,932,5802,276,05010,677,80010,318,420
2014-12-22$4.80$5.0049.9%13.1%33.9%57.0%45.3%4.3%-1.8%7.9M376.3M-6.5M0.8216.46N/AN/A2,041,9701,666,2107,159,3207,671,160
2014-12-23$4.81$5.0052.2%13.2%33.8%61.9%45.7%8.6%-2.0%15.1M337.8M-6.6M0.9518.62N/AN/A1,724,1001,629,9507,669,3407,963,340
2014-12-24$4.89$5.0052.6%13.1%33.8%62.9%44.7%8.6%-0.4%44.7M89.9M-6.8M0.9117.59N/AN/A1,524,3901,390,6907,955,5708,207,780
2014-12-26$4.87$5.0053.6%13.1%33.7%65.1%45.4%5.1%-1.8%27.1M159.1M-6.6M0.8517.96N/AN/A2,237,5501,909,1808,041,0408,432,130
2014-12-29$4.88$5.0053.9%13.1%33.4%65.7%46.6%9.3%-3.4%20.7M225.7M-6.5M1.1510.53N/AN/A1,554,5601,785,0007,293,5807,805,000
2014-12-30$4.90$5.0053.7%12.8%33.1%65.3%45.4%6.8%-3.5%27.6M159.2M-6.3M1.0627.01N/AN/A1,430,9401,512,2807,671,2308,310,960
2014-12-31$4.88$5.0053.9%13.1%31.6%65.8%45.0%6.7%-2.8%28.1M243.9M-6.5M1.0821.25N/AN/A1,193,0801,283,1708,035,4408,769,180