NFLX Options History — November 2015

In November 2015, NFLX traded between $10.36 and $12.54. ATM implied volatility averaged 43.4%, placing in the 29.7% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded below realized volatility by 3.7% (HV 20d: 47.1%). Max pain ranged from $10.00 to $11.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.81.

Notable Days

  • 2015-11-17: Highest Volume — 3,453,790 contracts
  • 2015-11-12: Largest IV spike — 9.6% change
  • 2015-11-13: Highest IV Rank — 36.8%
  • 2015-11-13: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.61$10.36$12.54$10.75$12.33
Max Pain$10.27$10.00$11.00$10.20$11.00
ATM IV43.4%38.6%48.1%38.6%42.1%
Expected Move12.6%11.3%13.8%11.3%12.5%
HV 20d47.1%38.2%50.6%49.4%47.4%
HV 60d55.7%48.9%59.2%58.1%48.9%
IV Rank29.7%22.4%36.8%22.4%27.7%
IV Percentile53.4%47.2%63.1%48.4%47.2%
Term Structure-0.1%-1.0%1.0%0.3%0.1%
VWIV44.4%40.2%48.3%40.2%43.9%
Skew 25d4.4%3.1%6.1%3.9%4.7%
Skew 10d8.5%5.5%21.0%7.4%8.7%
Call IV 25d42.1%37.5%46.5%37.6%40.3%
Put IV 25d46.5%41.5%52.0%41.5%45.0%
Bid-Ask Spread %15.174.8257.924.828.02
Gamma HHI0.050.030.130.030.04
Net GEX53.1M5.3M82.4M37.3M41.5M
Net DEX-3.36B-4.75B-1.35B-2.36B-3.67B
Net VEX-12.8M-13.4M-12.4M-13.4M-12.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.511.670.821.03
Total Volume1,677,279.5493,1203,453,7901,231,2301,381,920
Total OI12,705,11712,049,96013,932,41012,083,33012,218,360

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-11-02$10.75$10.2038.6%11.3%49.4%22.4%40.2%3.9%0.3%37.3M-2.36B-13.4M0.824.82N/AN/A677,860553,3705,514,2006,569,130
2015-11-03$11.06$10.2038.9%11.4%49.6%22.8%40.4%4.3%0.3%49.4M-2.87B-13.0M0.596.76N/AN/A731,630432,2105,614,0906,677,220
2015-11-04$11.40$10.3039.3%11.7%50.6%23.4%41.9%3.7%0.4%58.5M-3.42B-12.9M0.596.39N/AN/A1,312,550771,7405,670,6106,768,700
2015-11-05$11.37$10.0041.3%11.9%45.8%26.5%42.2%3.1%0.3%60.5M-3.36B-13.1M0.6815.43N/AN/A903,880611,8405,816,8606,915,720
2015-11-06$11.41$10.0041.5%12.0%45.8%26.8%42.8%3.3%0.5%63.3M-3.43B-13.0M0.5123.05N/AN/A859,450442,0105,898,0606,970,020
2015-11-09$10.99$10.0043.0%12.4%47.6%29.1%44.5%4.0%0.4%34.0M-2.54B-12.8M0.7511.62N/AN/A649,670489,2605,546,1106,614,670
2015-11-10$11.26$10.0042.8%12.5%46.9%28.8%43.7%4.1%0.9%49.6M-2.96B-13.1M0.8114.35N/AN/A612,050496,7905,674,0306,747,820
2015-11-11$11.24$10.0042.9%12.5%47.0%29.0%41.5%3.8%1.0%51.9M-3.00B-12.7M1.6757.92N/AN/A184,850308,2705,741,1206,810,040
2015-11-12$10.87$10.0047.1%13.4%38.2%35.3%45.6%6.1%-0.3%25.6M-2.32B-12.7M0.6722.73N/AN/A1,038,570697,2505,880,5206,857,860
2015-11-13$10.36$10.0048.1%13.8%41.6%36.8%48.3%5.5%0.3%5.3M-1.35B-12.7M1.1414.43N/AN/A1,046,9101,196,2406,003,0306,965,580
2015-11-16$11.13$10.0047.0%13.5%48.0%35.2%48.1%5.5%-1.0%45.0M-2.76B-12.5M0.6912.42N/AN/A812,010557,7305,626,0206,727,430
2015-11-17$11.70$10.0046.7%13.4%47.8%34.7%47.5%4.7%-0.7%66.3M-3.72B-12.4M0.7310.92N/AN/A1,995,7401,458,0505,765,9806,835,250
2015-11-18$12.10$10.0045.6%13.1%48.4%33.1%47.0%4.6%-1.0%68.1M-4.33B-12.9M0.7312.44N/AN/A1,186,980870,7306,134,8507,345,400
2015-11-19$12.03$10.0045.6%13.1%48.3%33.0%46.1%4.7%-0.6%65.9M-4.18B-13.0M0.8913.64N/AN/A1,078,150956,1206,194,1807,498,620
2015-11-20$12.37$10.2944.2%12.7%48.3%30.9%45.5%4.6%-0.7%76.5M-4.75B-12.9M0.7213.95N/AN/A1,594,3601,154,4806,281,9607,650,450
2015-11-23$12.50$10.5044.0%12.8%47.7%30.6%46.2%4.5%-0.3%56.7M-4.11B-12.7M0.7112.46N/AN/A1,107,080786,5305,537,6806,512,280
2015-11-24$12.33$10.8644.6%12.9%48.3%31.5%46.1%4.4%-0.5%53.5M-3.81B-13.0M0.8817.97N/AN/A1,006,150885,8405,779,0006,738,290
2015-11-25$12.42$11.0042.4%12.3%47.8%28.1%43.4%4.3%-0.4%70.6M-3.99B-13.0M0.8813.72N/AN/A701,230620,5305,945,6007,001,530
2015-11-27$12.54$11.0042.6%12.4%47.5%28.5%44.1%4.0%-0.6%82.4M-4.22B-12.6M0.7810.41N/AN/A773,640601,9205,970,5107,083,560
2015-11-30$12.33$11.0042.1%12.5%47.4%27.7%43.9%4.7%0.1%41.5M-3.67B-12.5M1.038.02N/AN/A679,710702,2105,524,8006,693,560