NFLX Options History — July 2015

In July 2015, NFLX traded between $9.35 and $11.57. ATM implied volatility averaged 40.0%, placing in the 44.8% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded below realized volatility by 6.4% (HV 20d: 46.5%). Max pain ranged from $8.71 to $66.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.92.

Notable Days

  • 2015-07-16: Highest Volume — 11,265,380 contracts
  • 2015-07-16: Largest IV drop — 38.2% change
  • 2015-07-15: Highest IV Rank — 77.3%
  • 2015-07-02: Largest Expected Move — 17.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.42$9.35$11.57$9.36$11.43
Max Pain$12.29$8.71$66.00$8.79$10.20
ATM IV40.0%30.4%51.8%49.6%32.7%
Expected Move11.3%8.7%17.3%17.2%9.4%
HV 20d46.5%21.3%65.9%26.1%65.9%
HV 60d38.9%22.6%42.7%42.7%42.3%
IV Rank44.8%18.1%77.3%71.2%24.6%
IV Percentile68.4%46.4%91.3%86.1%57.5%
Term Structure-1.2%-3.7%0.5%-2.8%-0.1%
VWIV40.0%30.8%59.3%59.2%33.7%
Skew 25d2.5%0.2%7.5%2.6%1.9%
Skew 10d4.7%1.0%8.3%4.0%3.8%
Call IV 25d39.1%30.7%49.8%47.9%32.5%
Put IV 25d41.5%30.9%54.9%50.5%34.4%
Bid-Ask Spread %11.064.2338.6738.674.75
Gamma HHI0.070.020.300.030.10
Net GEX70.8M-47.3M365.9M44.3M114.6M
Net DEX-4.13B-10.28B1.93B-2.90B-5.00B
Net VEX-16.3M-19.4M-269.9K-17.7M-16.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.721.220.930.76
Total Volume4,815,391.364995,26011,265,3807,371,0003,153,140
Total OI21,666,679.0913,899,30032,920,46025,995,13016,606,670

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-07-01$9.36$8.7949.6%17.2%26.1%71.2%59.2%2.6%-2.8%44.3M-2.90B-17.7M0.9338.67N/AN/A3,812,0603,558,94012,316,08013,679,050
2015-07-02$9.41$8.7148.6%17.3%26.1%68.6%59.3%3.1%-2.6%16.1M-3.29B-17.8M0.9338.15N/AN/A3,921,1903,644,27012,810,21013,846,280
2015-07-06$9.45$9.2949.0%12.7%25.9%69.7%44.7%3.7%-2.4%52.9M-3.45B-17.2M0.966.94N/AN/A2,754,5002,640,33010,963,40012,033,700
2015-07-07$9.42$9.2949.6%12.9%25.9%71.4%45.2%3.9%-2.1%51.7M-3.32B-17.6M0.7810.99N/AN/A3,637,9002,841,44011,782,05012,839,470
2015-07-08$9.35$9.2951.5%13.4%23.9%76.5%47.1%4.1%-2.6%4.4M-2.96B-19.1M0.846.86N/AN/A2,840,6702,379,37012,459,79013,533,590
2015-07-09$9.57$9.2951.0%13.2%21.3%75.3%46.8%3.7%-3.1%222.0M-4.59B-19.4M0.836.97N/AN/A3,968,3003,303,93013,035,40013,956,950
2015-07-10$9.73$9.2950.2%13.1%21.7%73.0%46.4%3.0%-3.2%365.9M-5.87B-19.1M0.7615.22N/AN/A5,631,6404,257,82013,248,55014,284,760
2015-07-13$10.10$9.2948.3%12.9%24.9%67.7%45.6%3.1%-2.4%88.8M-5.81B-18.1M0.888.63N/AN/A4,515,8403,982,79011,434,71012,567,660
2015-07-14$10.04$9.3647.9%12.9%24.7%66.7%45.7%3.1%-2.4%75.6M-5.50B-19.0M1.029.45N/AN/A2,467,0802,512,02012,409,46013,887,720
2015-07-15$9.82$66.0051.8%14.0%25.5%77.3%48.3%7.5%-3.7%-1.2M1.93B-269.9K1.0015.16N/AN/A2,632,8602,630,6901,817,3402,081,960
2015-07-16$11.57$9.7132.0%9.0%62.7%22.5%33.6%1.8%-0.6%162.2M-10.28B-14.9M0.878.91N/AN/A6,023,7405,241,64014,835,85016,914,060
2015-07-17$11.46$10.0731.4%8.9%63.1%20.7%31.8%1.3%-0.3%137.0M-9.10B-15.3M0.848.10N/AN/A3,046,9602,553,51014,729,02018,191,440
2015-07-20$11.06$10.1431.5%9.0%64.8%21.0%31.8%0.7%0.5%40.4M-3.49B-15.7M1.1410.34N/AN/A1,438,1201,637,5708,260,01010,740,530
2015-07-21$11.25$10.2931.7%9.1%64.6%21.6%32.1%0.8%0.0%53.6M-3.96B-15.6M1.0010.01N/AN/A1,122,7201,127,1208,479,59011,015,050
2015-07-22$11.14$10.3630.4%8.7%64.9%18.1%30.8%0.2%0.2%40.6M-3.61B-15.9M1.087.53N/AN/A907,800982,0308,620,48011,168,270
2015-07-23$11.00$10.3630.8%8.8%65.2%19.1%31.4%0.9%0.2%11.5M-3.06B-16.2M1.067.46N/AN/A932,160992,7708,685,88011,183,040
2015-07-24$10.93$10.1431.5%9.0%64.7%21.3%32.2%1.3%0.4%-47.3M-3.58B-16.9M1.224.23N/AN/A1,030,7001,252,6907,929,73010,343,370
2015-07-27$10.64$10.1433.6%9.6%65.1%26.9%34.5%2.1%-0.1%12.7M-2.85B-16.9M0.895.75N/AN/A983,430873,5406,661,9008,957,630
2015-07-28$10.69$10.1433.0%9.3%64.8%25.3%33.1%1.9%-0.2%16.5M-2.93B-17.1M0.946.52N/AN/A741,050697,6006,868,2809,090,870
2015-07-29$10.71$10.1431.7%9.1%64.7%21.7%31.9%1.8%0.3%17.8M-3.01B-16.8M0.867.23N/AN/A533,940461,3206,972,8809,159,270
2015-07-30$11.18$10.1432.8%9.5%65.8%24.7%34.0%1.7%0.2%78.2M-4.24B-16.4M0.725.50N/AN/A1,322,000949,4207,058,1609,206,830
2015-07-31$11.43$10.2032.7%9.4%65.9%24.6%33.7%1.9%-0.1%114.6M-5.00B-16.1M0.764.75N/AN/A1,789,2001,363,9407,255,0609,351,610