NFLX Options History — August 2016

In August 2016, NFLX traded between $9.31 and $9.76. ATM implied volatility averaged 29.0%, placing in the 1.8% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded below realized volatility by 13.2% (HV 20d: 42.1%). Max pain ranged from $9.00 to $10.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 19 of 23 days. Put/call ratio averaged 0.70.

Notable Days

  • 2016-08-05: Highest Volume — 2,828,680 contracts
  • 2016-08-05: Largest IV spike — 7.7% change
  • 2016-08-08: Highest IV Rank — 4.6%
  • 2016-08-08: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.56$9.31$9.76$9.44$9.75
Max Pain$9.45$9.00$10.00$9.45$9.70
ATM IV29.0%26.0%31.8%29.9%27.2%
Expected Move8.3%7.2%9.2%8.6%7.5%
HV 20d42.1%21.2%61.2%61.2%21.2%
HV 60d44.1%43.0%45.0%45.0%43.0%
IV Rank1.8%0.0%4.6%1.5%2.1%
IV Percentile2.0%0.0%7.1%0.4%2.0%
Term Structure0.4%-0.4%1.3%0.0%0.5%
VWIV29.4%25.4%32.9%30.8%26.4%
Skew 25d1.3%0.2%2.3%1.7%1.5%
Skew 10d1.9%0.0%3.2%2.9%2.8%
Call IV 25d29.0%25.8%32.1%29.4%26.8%
Put IV 25d30.3%27.3%33.1%31.2%28.3%
Bid-Ask Spread %4.192.777.283.984.51
Gamma HHI0.080.050.330.050.09
Net GEX47.3M25.4M95.7M28.6M48.1M
Net DEX-702.6M-1.33B-427.5M-624.0M-751.1M
Net VEX-9.5M-10.1M-9.1M-9.7M-9.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.510.910.590.91
Total Volume1,060,933.913625,9602,828,6801,680,900673,870
Total OI8,741,569.5657,501,7509,699,1308,369,0708,342,310

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-08-01$9.44$9.4529.9%8.6%61.2%1.5%30.8%1.7%0.0%28.6M-624.0M-9.7M0.593.98N/AN/A1,057,780623,1204,256,0004,113,070
2016-08-02$9.36$9.4530.8%8.9%61.0%2.9%31.4%2.3%-0.1%34.4M-578.1M-9.9M0.854.26N/AN/A635,740541,5104,535,0404,297,300
2016-08-03$9.31$9.4530.0%8.5%59.6%1.7%30.3%1.8%0.1%35.7M-475.0M-9.8M0.634.02N/AN/A454,650285,1704,636,6204,365,130
2016-08-04$9.34$9.0029.1%8.6%59.6%0.1%30.6%1.7%-0.1%46.0M-566.7M-9.7M0.614.30N/AN/A545,700330,6304,713,9904,388,610
2016-08-05$9.70$9.0031.3%9.2%60.7%3.9%32.4%1.0%-0.4%58.1M-1.33B-10.1M0.514.38N/AN/A1,872,770955,9104,739,4704,404,510
2016-08-08$9.51$9.0031.8%9.2%60.6%4.6%32.9%0.9%0.6%34.1M-669.8M-9.8M0.804.29N/AN/A670,290539,4904,591,8404,210,810
2016-08-09$9.38$9.0031.7%9.2%60.6%4.5%32.7%1.0%0.4%25.4M-454.7M-9.8M0.704.47N/AN/A460,560322,0004,761,8504,361,550
2016-08-10$9.39$9.0030.7%8.9%60.5%2.8%31.9%0.9%0.5%26.9M-452.8M-9.7M0.553.54N/AN/A520,810288,5704,829,6304,412,600
2016-08-11$9.60$9.0029.8%8.8%60.7%1.3%31.0%1.2%1.0%62.6M-928.3M-9.8M0.523.26N/AN/A796,070411,1604,881,3704,445,130
2016-08-12$9.66$9.0030.0%8.8%60.8%1.6%31.0%1.1%1.3%95.7M-1.06B-9.8M0.652.77N/AN/A703,710454,2504,962,7804,503,880
2016-08-15$9.54$9.5030.2%8.7%60.9%2.0%31.6%0.2%-0.0%40.3M-681.9M-9.4M0.722.84N/AN/A505,780363,2104,706,3504,252,240
2016-08-16$9.53$9.5029.7%8.5%30.4%1.1%30.7%0.5%0.8%36.0M-634.3M-9.4M0.693.97N/AN/A370,520255,4404,756,2804,364,340
2016-08-17$9.64$9.5029.6%8.5%29.3%1.0%29.6%1.1%0.1%54.1M-870.1M-9.3M0.683.48N/AN/A546,190372,4304,808,0804,394,370
2016-08-18$9.62$9.5028.7%8.2%27.5%0.0%28.6%1.1%0.5%56.2M-781.6M-9.3M0.732.83N/AN/A770,990566,1204,916,8204,523,800
2016-08-19$9.59$10.0027.2%7.7%27.5%0.0%27.4%1.1%0.4%94.7M-659.7M-9.3M0.703.18N/AN/A572,270403,2805,021,5904,677,540
2016-08-22$9.53$10.0026.9%7.5%27.3%0.0%27.0%1.0%0.5%28.3M-466.9M-9.1M0.754.86N/AN/A432,090324,6103,860,5303,641,220
2016-08-23$9.60$9.8026.0%7.3%23.3%0.0%26.0%1.6%1.1%42.5M-583.1M-9.1M0.825.37N/AN/A388,220317,3004,020,6003,783,190
2016-08-24$9.52$9.7027.3%7.7%23.5%2.3%27.5%1.4%0.4%29.1M-427.5M-9.2M0.857.28N/AN/A347,140294,2104,107,5003,889,920
2016-08-25$9.73$9.6527.5%7.7%24.6%2.6%27.5%1.9%0.2%65.4M-852.4M-9.3M0.594.48N/AN/A865,990514,7504,180,4703,963,830
2016-08-26$9.76$9.7026.2%7.2%24.4%0.5%25.4%1.6%0.6%68.6M-888.1M-9.4M0.824.69N/AN/A617,340507,1504,348,0704,099,560
2016-08-29$9.74$9.7027.0%7.6%21.7%1.8%26.8%1.9%0.5%38.0M-707.9M-9.2M0.804.85N/AN/A543,410432,4704,018,6203,825,180
2016-08-30$9.74$9.7027.3%7.7%21.4%2.3%27.1%1.8%0.4%39.9M-717.9M-9.2M0.584.66N/AN/A599,360347,4504,169,8503,972,660
2016-08-31$9.75$9.7027.2%7.5%21.2%2.1%26.4%1.5%0.5%48.1M-751.1M-9.3M0.914.51N/AN/A352,540321,3304,303,6304,038,680