NFLX Options History — December 2015

In December 2015, NFLX traded between $11.45 and $13.08. ATM implied volatility averaged 52.3%, placing in the 43.3% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded above realized volatility by 10.8% (HV 20d: 41.5%). Max pain ranged from $8.71 to $11.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.88.

Notable Days

  • 2015-12-02: Highest Volume — 2,831,140 contracts
  • 2015-12-17: Largest IV spike — 14.0% change
  • 2015-12-30: Highest IV Rank — 64.7%
  • 2015-12-17: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.13$11.45$13.08$12.54$11.45
Max Pain$9.33$8.71$11.00$11.00$9.79
ATM IV52.3%39.5%66.3%39.5%65.5%
Expected Move12.8%10.6%14.6%11.8%11.2%
HV 20d41.5%34.2%50.8%47.0%34.2%
HV 60d47.1%44.2%48.7%48.7%44.2%
IV Rank43.3%23.7%64.7%23.7%63.4%
IV Percentile67.5%42.1%86.9%42.9%86.5%
Term Structure3.3%-3.9%16.5%0.3%-3.6%
VWIV45.0%37.7%50.9%42.1%39.6%
Skew 25d5.5%2.8%8.1%4.3%7.9%
Skew 10d10.0%5.9%15.3%8.2%14.4%
Call IV 25d50.0%38.1%63.1%38.1%62.7%
Put IV 25d55.5%41.7%70.9%42.4%70.6%
Bid-Ask Spread %19.004.5945.936.057.18
Gamma HHI0.060.020.280.040.07
Net GEX23.2M-54.4M88.8M51.8M-8.9M
Net DEX-2.87B-4.90B-1.44B-3.98B-1.44B
Net VEX-11.9M-13.2M-10.5M-12.4M-10.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.611.200.801.08
Total Volume1,700,640.909793,4402,831,1401,145,5101,495,270
Total OI12,760,740.90910,973,69014,237,96012,682,99011,858,580

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-12-01$12.54$11.0039.5%11.8%47.0%23.7%42.1%4.3%0.3%51.8M-3.98B-12.4M0.806.05N/AN/A635,500510,0105,726,9906,956,000
2015-12-02$12.89$11.0040.5%12.3%47.0%25.2%43.6%4.0%0.2%71.8M-4.63B-12.4M0.796.31N/AN/A1,585,6401,245,5005,848,0007,071,270
2015-12-03$12.68$8.7141.4%12.8%46.9%26.6%44.2%3.4%-0.4%47.1M-4.11B-12.7M0.8125.01N/AN/A1,546,8501,248,9806,000,4707,321,850
2015-12-04$13.08$8.7939.5%12.3%47.7%23.8%43.7%2.8%-0.1%88.8M-4.90B-12.6M0.6122.04N/AN/A1,287,240779,0706,131,0307,488,630
2015-12-07$12.54$8.8644.5%13.7%50.8%31.4%47.8%4.3%3.3%31.2M-3.69B-12.8M0.8045.93N/AN/A1,342,5301,078,0305,810,0807,038,570
2015-12-08$12.72$8.8644.3%13.7%48.4%31.1%47.6%4.3%3.5%39.8M-4.03B-13.0M0.9126.02N/AN/A959,430873,0106,110,5407,315,500
2015-12-09$12.39$9.0044.8%14.0%49.3%31.8%49.0%4.6%3.9%19.1M-3.31B-13.2M0.8927.01N/AN/A976,280868,0606,279,3407,549,700
2015-12-10$12.27$9.0044.9%13.8%49.5%31.9%48.1%4.7%4.1%5.2M-3.03B-13.0M0.8532.99N/AN/A846,440723,2506,384,6707,659,280
2015-12-11$11.89$9.0046.8%14.1%49.3%34.9%49.4%4.7%3.8%-54.4M-2.18B-12.7M1.2034.92N/AN/A1,037,2901,245,5206,463,9307,774,030
2015-12-14$12.04$9.0048.8%14.2%45.3%37.9%49.8%5.2%15.4%16.5M-2.81B-12.5M0.8728.01N/AN/A881,920767,3805,949,6907,333,340
2015-12-15$11.87$9.0048.0%13.9%38.8%36.7%48.5%5.9%15.6%14.8M-2.53B-12.1M0.8531.30N/AN/A668,260570,0706,100,3107,415,860
2015-12-16$12.28$9.0047.0%13.5%36.6%35.2%48.3%5.4%16.5%39.8M-3.34B-12.2M0.7922.81N/AN/A805,300637,5006,177,9307,497,740
2015-12-17$12.26$9.0053.6%14.6%34.7%45.3%50.9%5.1%14.6%43.9M-3.39B-12.1M0.8016.68N/AN/A1,340,3901,075,0306,220,9807,538,490
2015-12-18$11.83$9.2155.5%14.3%37.0%48.1%49.8%4.9%15.6%-7.0M-2.34B-11.9M0.9020.55N/AN/A1,175,7201,055,3306,430,2307,707,920
2015-12-21$11.65$9.2961.6%13.7%35.8%57.5%49.4%6.4%-2.0%13.2M-1.83B-11.7M0.8321.13N/AN/A706,670588,5305,026,4005,947,290
2015-12-22$11.60$9.3662.6%11.8%35.4%59.1%41.5%6.7%-2.8%12.4M-1.75B-11.0M0.9811.13N/AN/A582,780573,2605,207,0906,116,680
2015-12-23$11.83$9.4363.7%11.1%36.1%60.7%39.1%6.9%-2.7%32.3M-2.08B-11.1M0.865.93N/AN/A687,720589,3105,286,2106,241,910
2015-12-24$11.73$9.4363.4%10.6%36.0%60.3%37.7%6.6%-2.7%-670.8K-1.90B-10.9M0.987.82N/AN/A401,440392,0005,376,7506,315,700
2015-12-28$11.70$9.5063.8%11.0%35.7%60.8%39.3%7.7%-2.9%12.7M-1.87B-10.5M0.974.59N/AN/A560,000544,6305,008,2406,077,820
2015-12-29$11.90$9.5064.3%10.8%36.0%61.6%38.0%7.7%-3.4%32.9M-2.22B-10.6M0.776.89N/AN/A686,100530,6505,142,6906,229,780
2015-12-30$11.67$9.5066.3%11.8%35.8%64.7%42.1%8.1%-3.9%8.5M-1.84B-10.6M0.957.74N/AN/A671,950638,2605,260,1006,338,690
2015-12-31$11.45$9.7965.5%11.2%34.2%63.4%39.6%7.9%-3.6%-8.9M-1.44B-10.5M1.087.18N/AN/A718,460776,8105,372,9906,485,590