NFLX Options History — November 2016

In November 2016, NFLX traded between $11.29 and $12.45. ATM implied volatility averaged 31.7%, placing in the 11.0% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded below realized volatility by 14.4% (HV 20d: 46.1%). Max pain ranged from $11.00 to $11.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.88.

Notable Days

  • 2016-11-10: Highest Volume — 2,044,790 contracts
  • 2016-11-10: Largest IV spike — 14.8% change
  • 2016-11-14: Highest IV Rank — 23.8%
  • 2016-11-14: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.83$11.29$12.45$12.30$11.73
Max Pain$11.43$11.00$11.50$11.00$11.50
ATM IV31.7%27.9%38.5%31.9%28.8%
Expected Move9.2%8.0%11.0%9.6%8.4%
HV 20d46.1%24.6%69.9%67.8%25.9%
HV 60d45.3%43.9%46.0%44.1%45.7%
IV Rank11.0%3.8%23.8%11.4%5.3%
IV Percentile18.2%4.8%38.9%19.0%7.9%
Term Structure0.0%-0.7%0.6%0.3%-0.2%
VWIV32.8%28.4%39.4%34.9%29.9%
Skew 25d1.7%1.1%2.5%1.9%1.3%
Skew 10d3.7%1.6%5.2%4.0%2.0%
Call IV 25d31.7%27.7%38.6%31.8%28.6%
Put IV 25d33.4%29.0%40.8%33.7%29.9%
Bid-Ask Spread %8.484.3025.735.454.33
Gamma HHI0.080.040.370.050.06
Net GEX32.1M4.8M96.0M29.4M28.8M
Net DEX-1.65B-2.60B-997.8M-2.33B-1.39B
Net VEX-9.2M-9.8M-8.6M-9.7M-8.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.611.211.100.95
Total Volume873,847.143476,2102,044,790980,650830,450
Total OI8,875,943.817,812,8409,900,8309,057,1508,139,930

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-11-01$12.30$11.0031.9%9.6%67.8%11.4%34.9%1.9%0.3%29.4M-2.33B-9.7M1.105.45N/AN/A466,440514,2104,399,2804,657,870
2016-11-02$12.23$11.0032.5%9.8%67.1%12.5%35.1%1.6%0.1%26.7M-2.22B-9.7M0.815.33N/AN/A363,510295,5204,468,3604,723,200
2016-11-03$12.19$11.0033.9%9.8%66.9%15.1%33.9%2.3%-0.1%16.1M-2.14B-9.8M0.846.86N/AN/A405,190342,2004,510,9004,758,840
2016-11-04$12.19$11.5033.5%9.7%66.9%14.3%34.8%2.4%0.1%6.7M-2.14B-9.7M0.887.59N/AN/A413,390362,5004,625,0404,853,110
2016-11-07$12.42$11.5032.2%9.3%66.5%11.9%32.8%1.9%0.3%42.4M-2.53B-9.3M0.877.21N/AN/A315,830274,0404,253,9404,536,020
2016-11-08$12.45$11.5031.8%9.2%65.0%11.2%33.0%2.3%0.1%47.1M-2.60B-9.2M0.8511.08N/AN/A257,780218,4304,343,4704,602,110
2016-11-09$12.18$11.5031.2%9.1%65.7%10.0%32.6%1.4%0.6%31.3M-2.18B-9.0M0.796.12N/AN/A489,310388,6804,379,3604,629,360
2016-11-10$11.51$11.5035.8%10.3%69.8%18.8%36.7%2.5%0.6%7.8M-1.07B-9.4M1.1216.76N/AN/A964,2101,080,5804,424,7604,701,170
2016-11-11$11.46$11.5035.2%10.1%69.9%17.5%36.0%1.9%0.1%4.8M-1.04B-9.5M1.1112.27N/AN/A643,620717,1204,718,3204,801,090
2016-11-14$11.29$11.5038.5%11.0%69.7%23.8%39.4%2.2%-0.7%27.3M-997.8M-9.7M0.8125.73N/AN/A552,940447,1704,490,4204,612,900
2016-11-15$11.36$11.5034.5%9.9%29.7%16.4%35.7%1.2%-0.3%32.7M-1.14B-9.6M0.745.17N/AN/A452,260335,0204,648,0504,710,270
2016-11-16$11.49$11.5032.2%9.2%28.1%11.9%33.1%1.7%-0.1%41.8M-1.37B-9.1M0.905.60N/AN/A429,110386,6904,734,8104,786,790
2016-11-17$11.51$11.5032.4%9.3%27.6%12.3%33.5%1.5%0.3%45.9M-1.41B-9.1M1.2116.00N/AN/A404,720488,4904,827,3404,877,520
2016-11-18$11.54$11.5031.5%9.0%24.6%10.6%32.1%1.4%0.0%96.0M-1.54B-9.2M0.615.45N/AN/A833,250504,3904,902,2404,998,590
2016-11-21$11.80$11.5029.1%8.3%26.4%6.0%29.4%1.5%-0.2%35.3M-1.49B-8.8M0.799.09N/AN/A463,570364,9903,829,7204,013,020
2016-11-22$11.82$11.5028.2%8.0%26.5%4.2%28.4%1.5%-0.3%42.4M-1.53B-8.9M0.916.83N/AN/A424,140386,1103,962,9304,109,030
2016-11-23$11.77$11.5028.3%8.1%26.3%4.5%28.6%1.4%-0.1%31.1M-1.43B-9.0M0.745.53N/AN/A397,930292,5104,010,3204,196,850
2016-11-25$11.74$11.5028.6%8.3%26.3%5.0%29.3%1.1%-0.2%30.5M-1.42B-8.8M0.806.54N/AN/A285,500228,0504,097,5004,244,890
2016-11-28$11.64$11.5027.9%8.2%26.2%3.8%29.6%1.2%0.1%21.3M-1.26B-8.6M0.864.30N/AN/A346,370298,9503,811,2204,001,620
2016-11-29$11.74$11.5028.5%8.3%26.3%4.8%29.4%1.4%-0.2%28.3M-1.41B-8.6M0.754.94N/AN/A391,340294,2803,905,4804,097,180
2016-11-30$11.73$11.5028.8%8.4%25.9%5.3%29.9%1.3%-0.2%28.8M-1.39B-8.6M0.954.33N/AN/A426,430404,0203,979,8604,160,070