NFLX Options History — August 2015

In August 2015, NFLX traded between $9.72 and $12.64. ATM implied volatility averaged 50.6%, placing in the 58.0% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded below realized volatility by 10.1% (HV 20d: 60.7%). Max pain ranged from $9.71 to $10.71. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 1.07.

Notable Days

  • 2015-08-04: Highest Volume — 4,568,310 contracts
  • 2015-08-24: Largest IV spike — 44.0% change
  • 2015-08-21: Highest IV Rank — 100.0%
  • 2015-08-24: Largest Expected Move — 26.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.76$9.72$12.64$11.26$11.52
Max Pain$10.31$9.71$10.71$10.29$10.60
ATM IV50.6%33.6%89.4%33.6%60.2%
Expected Move14.7%9.8%26.3%9.8%17.8%
HV 20d60.7%38.7%71.6%66.5%71.5%
HV 60d48.3%42.5%57.6%42.5%57.6%
IV Rank58.0%26.9%100.0%26.9%55.4%
IV Percentile80.7%61.5%100.0%61.5%98.0%
Term Structure-0.7%-3.1%1.2%-0.2%-0.5%
VWIV52.3%35.0%92.0%35.0%63.0%
Skew 25d4.2%0.8%14.2%1.7%9.0%
Skew 10d8.5%0.7%24.1%4.0%19.6%
Call IV 25d49.3%33.6%81.4%33.6%56.1%
Put IV 25d53.6%35.3%95.6%35.3%65.1%
Bid-Ask Spread %17.724.9937.854.9913.17
Gamma HHI0.030.020.050.030.02
Net GEX35.7M-15.5M71.7M48.8M16.1M
Net DEX-4.37B-6.48B-622.2M-4.07B-3.30B
Net VEX-17.6M-20.3M-15.3M-16.2M-19.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.070.841.380.881.38
Total Volume2,502,467.1431,007,3104,568,3101,007,3101,304,990
Total OI16,970,326.1914,861,43018,579,37015,654,57015,499,620

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-08-03$11.26$10.2933.6%9.8%66.5%26.9%35.0%1.7%-0.2%48.8M-4.07B-16.2M0.884.99N/AN/A536,860470,4506,699,4708,955,100
2015-08-04$12.11$10.2938.6%11.5%70.0%40.9%41.2%1.6%-1.3%70.0M-5.78B-15.3M0.896.80N/AN/A2,416,2002,152,1106,820,1209,088,660
2015-08-05$12.38$10.5042.8%12.9%69.7%52.4%46.4%1.7%-1.2%61.8M-6.22B-16.3M0.949.98N/AN/A1,583,9201,495,3107,234,0009,873,850
2015-08-06$12.64$9.7147.5%13.2%69.6%65.4%46.8%0.8%-2.2%52.0M-6.48B-17.0M0.8423.95N/AN/A1,964,9201,658,2507,409,51010,327,230
2015-08-07$12.34$10.0045.5%12.7%70.9%59.9%45.1%0.9%-1.2%22.4M-5.81B-17.7M0.9621.13N/AN/A1,587,0601,531,5007,846,88010,732,490
2015-08-10$12.29$10.0041.6%11.9%70.5%49.1%42.5%1.6%0.4%47.7M-5.47B-16.9M1.2019.26N/AN/A858,3601,030,9107,243,4209,813,060
2015-08-11$12.27$10.0042.8%12.1%70.4%52.3%43.2%2.4%-0.4%45.8M-5.38B-17.4M1.0318.42N/AN/A689,590710,3107,447,62010,024,870
2015-08-12$12.05$10.0043.8%12.5%70.2%55.1%44.3%1.4%-0.1%30.4M-4.86B-17.3M1.0117.26N/AN/A815,780821,3407,535,62010,122,690
2015-08-13$12.39$10.0043.5%12.5%41.4%54.4%44.2%0.8%0.3%71.7M-5.76B-17.0M0.9216.14N/AN/A1,352,7901,237,9107,639,61010,181,320
2015-08-14$12.33$10.0739.7%11.5%41.2%43.7%41.2%1.2%1.0%67.9M-5.61B-16.7M0.938.33N/AN/A997,370929,0607,760,61010,355,980
2015-08-17$12.54$10.1439.7%11.4%38.7%43.9%41.2%1.4%0.2%63.5M-5.94B-15.9M1.049.02N/AN/A792,440820,7407,190,7609,711,100
2015-08-18$12.40$10.2939.3%11.3%39.0%42.8%40.7%1.6%-0.1%57.5M-5.66B-15.9M1.219.27N/AN/A678,000821,5007,398,8309,909,160
2015-08-19$12.21$10.5039.6%11.4%39.4%43.7%40.5%1.6%-0.2%31.6M-5.15B-16.3M0.9510.87N/AN/A640,920608,0107,470,11010,185,400
2015-08-20$11.24$10.5752.6%15.1%49.8%79.6%52.9%5.2%1.2%-15.5M-2.59B-17.7M1.2837.85N/AN/A1,842,5302,360,7607,512,93010,322,240
2015-08-21$10.39$10.7162.1%18.1%57.2%100.0%63.4%5.4%-2.2%-11.8M-781.1M-18.0M1.1733.84N/AN/A1,948,4302,281,6207,906,36010,500,550
2015-08-24$9.72$10.6489.4%26.3%61.2%100.0%92.0%14.2%-2.5%-6.9M-622.2M-18.9M1.1722.13N/AN/A1,512,7301,764,6306,380,5108,480,920
2015-08-25$10.30$10.5771.2%21.5%65.2%72.3%76.6%8.5%-3.1%-1.6K-1.45B-19.1M1.2323.10N/AN/A1,295,1801,592,9806,771,6008,676,840
2015-08-26$10.98$10.5768.4%20.1%69.3%68.0%71.7%8.0%-1.8%15.3M-2.56B-20.3M1.1124.76N/AN/A1,093,8101,213,4607,133,1108,965,640
2015-08-27$11.74$10.5760.9%17.8%71.6%56.6%63.7%11.3%-0.1%40.9M-4.11B-19.8M1.1527.44N/AN/A1,370,8201,578,0307,286,0609,115,730
2015-08-28$11.77$10.5759.8%17.4%71.2%54.8%63.3%8.5%-1.3%40.8M-4.11B-19.9M1.1314.36N/AN/A1,027,0501,163,1807,367,7309,479,540
2015-08-31$11.52$10.6060.2%17.8%71.5%55.4%63.0%9.0%-0.5%16.1M-3.30B-19.3M1.3813.17N/AN/A548,230756,7606,721,8808,777,740