NFLX Options History — June 2015

In June 2015, NFLX traded between $8.87 and $9.72. ATM implied volatility averaged 39.1%, placing in the 42.1% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 16.2% (HV 20d: 22.9%). Max pain ranged from $8.00 to $9.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.90.

Notable Days

  • 2015-06-24: Highest Volume — 19,955,180 contracts
  • 2015-06-15: Largest IV spike — 28.5% change
  • 2015-06-17: Highest IV Rank — 75.7%
  • 2015-06-29: Largest Expected Move — 16.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.32$8.87$9.72$8.90$9.41
Max Pain$8.48$8.00$9.00$8.00$8.71
ATM IV39.1%24.0%51.2%25.5%48.5%
Expected Move13.0%7.0%16.7%7.2%16.5%
HV 20d22.9%20.8%26.1%22.4%26.1%
HV 60d43.1%42.1%44.9%44.9%42.6%
IV Rank42.1%0.3%75.7%4.6%68.3%
IV Percentile55.6%1.6%90.9%11.9%82.1%
Term Structure2.0%-3.3%22.1%0.2%-2.2%
VWIV45.6%25.3%57.5%25.9%57.0%
Skew 25d1.7%0.2%3.0%1.7%2.6%
Skew 10d3.0%-0.5%5.7%2.8%4.8%
Call IV 25d38.2%23.9%50.0%25.2%46.8%
Put IV 25d39.9%24.8%52.2%26.9%49.5%
Bid-Ask Spread %44.6532.1260.4453.3636.39
Gamma HHI0.060.030.180.030.03
Net GEX81.3M-185.5M294.7M51.2M75.6M
Net DEX-3.61B-6.25B-915.3M-2.97B-3.22B
Net VEX-14.7M-17.8M-12.6M-13.2M-17.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.900.681.251.250.86
Total Volume8,268,915.4553,155,88019,955,1804,980,9205,806,850
Total OI24,391,379.09118,734,03028,977,69020,495,72025,263,490

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-06-01$8.90$8.0025.5%7.2%22.4%4.6%25.9%1.7%0.2%51.2M-2.97B-13.2M1.2553.36N/AN/A2,208,9202,772,0008,546,23011,949,490
2015-06-02$8.91$8.1425.7%7.3%22.2%5.1%25.8%1.3%0.2%65.0M-3.07B-13.5M0.8756.28N/AN/A1,691,6901,464,1909,139,76012,611,550
2015-06-03$8.87$8.1424.9%7.0%21.9%2.9%25.3%1.0%0.3%64.9M-2.94B-13.5M1.0760.44N/AN/A1,755,6001,877,9609,633,68012,908,210
2015-06-04$8.91$8.1424.7%11.8%21.2%2.3%41.8%1.4%0.1%110.6M-3.14B-13.6M1.0055.36N/AN/A2,186,5202,180,8509,884,07013,314,770
2015-06-05$9.02$8.1424.0%11.4%21.3%0.3%40.5%0.9%0.5%294.7M-4.07B-13.0M0.8147.68N/AN/A4,548,1103,662,89010,175,55013,702,150
2015-06-08$8.97$8.1424.5%11.8%21.2%1.6%41.5%1.6%16.4%86.6M-3.22B-12.8M1.0751.95N/AN/A2,273,6002,421,7909,058,70012,445,160
2015-06-09$9.25$8.1425.2%11.2%21.8%3.7%39.3%0.8%13.9%179.4M-4.66B-12.8M0.8055.59N/AN/A4,840,9203,885,7009,505,79013,055,560
2015-06-10$9.61$8.1427.5%11.1%24.0%9.9%38.9%0.3%11.4%211.6M-6.25B-12.6M0.8749.80N/AN/A9,338,9108,087,66010,064,81013,952,680
2015-06-11$9.51$8.3629.6%11.1%24.4%15.8%38.9%0.2%11.3%-23.3M-4.74B-13.9M0.8255.19N/AN/A5,792,3604,749,78011,475,38016,088,170
2015-06-12$9.44$8.5035.4%13.9%24.8%31.8%48.8%0.3%22.1%85.6M-4.30B-14.4M0.9538.23N/AN/A4,305,1404,096,47012,452,23016,525,460
2015-06-15$9.35$8.5745.5%14.3%20.8%59.8%50.1%1.6%-2.2%64.3M-3.83B-14.5M0.9843.19N/AN/A3,522,1903,455,76010,180,66013,805,120
2015-06-16$9.53$8.5748.0%14.4%21.5%66.9%50.3%1.8%-2.8%172.1M-4.98B-14.4M0.7345.69N/AN/A3,932,1102,869,30011,064,55014,432,530
2015-06-17$9.44$8.5751.2%14.7%21.9%75.7%51.3%2.2%-2.7%135.8M-4.42B-14.8M0.9643.12N/AN/A2,253,2302,155,72011,878,79014,962,360
2015-06-18$9.47$8.6449.8%14.4%21.9%71.9%50.4%1.8%-2.7%201.8M-4.60B-14.8M0.8843.75N/AN/A2,513,4902,210,67012,180,63015,457,400
2015-06-19$9.40$8.7150.1%14.6%22.2%72.7%51.0%1.8%-2.8%-42.5M-3.91B-14.9M0.6943.58N/AN/A6,111,6304,226,67012,538,19015,821,050
2015-06-22$9.63$8.7950.6%15.3%23.5%73.9%53.5%2.8%-3.0%116.7M-3.17B-14.8M0.8132.12N/AN/A3,293,8502,683,8708,454,18010,279,850
2015-06-23$9.72$8.8649.5%15.0%23.0%70.9%52.1%2.6%-2.9%206.4M-3.77B-15.3M1.0332.61N/AN/A2,911,5802,988,5109,590,63011,339,090
2015-06-24$9.68$9.0050.6%15.7%22.5%74.0%54.2%2.5%-2.9%134.8M-3.40B-16.2M0.9234.22N/AN/A10,367,9809,587,20010,282,30012,277,580
2015-06-25$9.50$8.6850.2%15.8%23.8%73.0%54.7%3.0%-3.2%-161.3M-1.86B-17.6M1.0134.43N/AN/A7,625,5207,668,71012,981,22014,507,850
2015-06-26$9.32$8.7949.0%15.6%24.9%69.7%53.8%2.3%-3.3%-185.5M-915.3M-17.7M0.8135.18N/AN/A7,794,9906,309,59013,987,68014,975,520
2015-06-29$9.22$8.7149.7%16.7%25.3%71.5%57.5%2.3%-2.3%-56.1M-1.91B-17.5M0.6834.10N/AN/A4,445,3503,040,31011,270,91012,589,360
2015-06-30$9.41$8.7148.5%16.5%26.1%68.3%57.0%2.6%-2.2%75.6M-3.22B-17.8M0.8636.39N/AN/A3,124,9402,681,91012,085,64013,177,850