NFLX Options History — September 2015

In September 2015, NFLX traded between $9.49 and $10.59. ATM implied volatility averaged 73.2%, placing in the 75.3% IV rank vs the trailing year. The 30-day expected move averaged 23.1%. IV traded above realized volatility by 5.6% (HV 20d: 67.6%). Max pain ranged from $10.50 to $10.64. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.02.

Notable Days

  • 2015-09-02: Highest Volume — 3,434,310 contracts
  • 2015-09-24: Largest IV spike — 10.2% change
  • 2015-09-29: Highest IV Rank — 89.8%
  • 2015-09-30: Largest Expected Move — 28.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.05$9.49$10.59$10.59$10.34
Max Pain$10.51$10.50$10.64$10.64$10.50
ATM IV73.2%65.4%82.7%78.6%80.6%
Expected Move23.1%19.7%28.7%24.5%28.7%
HV 20d67.6%49.6%78.0%72.3%49.6%
HV 60d62.2%60.1%65.0%60.3%65.0%
IV Rank75.3%63.4%89.8%83.5%86.6%
IV Percentile98.3%96.4%99.6%99.6%98.8%
Term Structure-0.4%-5.2%13.0%-1.5%-5.2%
VWIV80.3%68.8%99.0%86.6%99.0%
Skew 25d10.0%8.1%13.6%12.2%9.6%
Skew 10d18.7%13.9%29.7%19.2%17.8%
Call IV 25d68.2%58.3%77.4%71.5%75.4%
Put IV 25d78.1%67.1%86.7%83.6%85.0%
Bid-Ask Spread %27.176.0648.9623.286.06
Gamma HHI0.030.020.050.020.03
Net GEX1.9M-26.3M29.1M-5.3M25.9M
Net DEX-1.16B-2.04B-73.6M-1.66B-1.85B
Net VEX-17.1M-20.1M-15.5M-20.1M-16.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.020.771.521.520.79
Total Volume2,128,653.3331,026,8603,434,3102,986,5101,353,980
Total OI15,261,875.71412,002,07017,592,04015,800,95012,993,130

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-09-01$10.59$10.6478.6%24.5%72.3%83.5%86.6%12.2%-1.5%-5.3M-1.66B-20.1M1.5223.28N/AN/A1,186,1701,800,3406,833,3508,967,600
2015-09-02$10.49$10.6074.3%23.2%71.5%76.9%81.8%13.6%-1.0%-10.4M-1.48B-20.0M1.2522.30N/AN/A1,524,4501,909,8607,111,0809,280,990
2015-09-03$10.11$10.5070.6%21.9%71.3%71.4%75.8%10.7%-1.7%-19.7M-800.3M-19.2M1.0840.06N/AN/A1,264,6901,359,8307,383,5509,517,970
2015-09-04$9.91$10.5070.1%22.0%71.2%70.6%77.1%11.9%-1.6%-26.3M-373.5M-18.9M1.2940.89N/AN/A1,112,8801,439,9807,561,9809,783,530
2015-09-08$9.49$10.5071.1%22.8%72.0%72.1%79.3%11.0%8.2%-16.6M-73.6M-17.6M0.9947.95N/AN/A1,558,0501,536,5007,061,7709,120,300
2015-09-09$9.91$10.5067.0%22.1%74.6%65.8%76.9%10.1%10.1%-7.3M-802.8M-17.8M0.8834.17N/AN/A1,470,8001,290,0407,370,6409,498,700
2015-09-10$9.93$10.5065.4%21.5%74.7%63.4%74.0%9.6%11.6%-4.4M-815.9M-17.6M0.8935.99N/AN/A938,870834,2707,615,1409,717,940
2015-09-11$9.75$10.5066.9%21.5%73.3%65.7%74.5%8.8%13.0%-13.4M-469.0M-17.2M0.8839.30N/AN/A1,114,040983,2607,795,4709,796,570
2015-09-14$9.54$10.5070.2%20.9%73.4%70.7%71.9%9.8%0.7%-10.2M-216.5M-16.5M0.9137.94N/AN/A732,020666,4807,301,5509,122,590
2015-09-15$9.92$10.5067.5%19.7%74.9%66.5%68.8%9.4%0.6%-184.3K-922.3M-16.5M0.8348.96N/AN/A1,012,910836,8307,429,3609,227,150
2015-09-16$10.42$10.5071.6%20.5%78.0%72.8%71.9%9.0%-3.1%14.7M-2.04B-16.9M0.8328.37N/AN/A1,293,9501,069,5107,613,1509,340,260
2015-09-17$10.42$10.5072.0%20.8%78.0%73.5%75.6%10.0%-3.9%11.8M-2.01B-16.6M1.0345.34N/AN/A1,169,3701,200,6407,685,2809,474,250
2015-09-18$10.26$10.5070.6%20.5%73.0%71.3%73.6%10.1%-3.4%17.0M-1.57B-16.3M1.0012.02N/AN/A1,268,6501,268,5707,758,1509,655,020
2015-09-21$10.01$10.5071.9%21.7%68.1%73.2%75.7%9.9%-3.9%8.9M-1.30B-15.8M1.1822.50N/AN/A790,410934,8205,532,5206,469,550
2015-09-22$9.77$10.5072.5%22.2%64.2%74.1%78.2%8.7%-3.9%7.0K-980.1M-15.5M1.4021.06N/AN/A428,630598,2305,687,5606,742,670
2015-09-23$9.82$10.5072.9%22.6%60.5%74.7%77.6%8.9%-3.9%986.0K-1.02B-15.8M0.999.58N/AN/A580,930577,8705,811,0406,936,330
2015-09-24$10.36$10.5080.3%25.4%59.0%86.1%87.9%8.2%-4.8%29.1M-1.87B-16.5M0.7714.37N/AN/A1,325,8701,014,5905,897,7106,989,920
2015-09-25$10.22$10.5078.6%25.4%53.1%83.5%87.3%8.1%-4.6%28.0M-1.73B-16.4M0.9017.60N/AN/A1,259,3801,132,9006,152,5607,100,240
2015-09-28$9.95$10.5082.3%27.8%53.4%89.1%95.7%10.3%-4.9%10.1M-1.27B-16.1M1.0412.05N/AN/A665,850690,1605,687,7706,765,250
2015-09-29$9.79$10.5082.7%28.3%53.3%89.8%97.3%9.8%-4.9%6.5M-1.07B-16.0M0.9310.86N/AN/A778,280726,8605,807,4906,902,310
2015-09-30$10.34$10.5080.6%28.7%49.6%86.6%99.0%9.6%-5.2%25.9M-1.85B-16.5M0.796.06N/AN/A757,510596,4705,947,3807,045,750