NFLX Options History — March 2017

In March 2017, NFLX traded between $13.90 and $14.80. ATM implied volatility averaged 30.9%, placing in the 21.6% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 13.0% (HV 20d: 17.9%). Max pain ranged from $13.00 to $14.30. Net GEX was positive for 14 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 1.06.

Notable Days

  • 2017-03-17: Highest Volume — 1,164,920 contracts
  • 2017-03-20: Largest IV spike — 25.0% change
  • 2017-03-29: Highest IV Rank — 48.9%
  • 2017-03-30: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.32$13.90$14.80$14.28$14.80
Max Pain$13.95$13.00$14.30$13.00$14.30
ATM IV30.9%20.2%42.4%22.2%41.6%
Expected Move10.8%6.2%13.3%6.2%13.2%
HV 20d17.9%15.7%19.7%15.7%16.6%
HV 60d22.5%20.9%24.0%23.9%20.9%
IV Rank21.6%0.0%48.9%0.0%47.8%
IV Percentile32.1%0.0%70.2%0.0%68.7%
Term Structure2.8%-3.4%20.8%0.4%-3.4%
VWIV37.8%22.4%46.7%22.4%46.5%
Skew 25d1.5%0.1%2.6%0.9%2.1%
Skew 10d2.8%1.4%4.9%1.7%3.9%
Call IV 25d29.9%19.3%41.8%22.3%41.7%
Put IV 25d31.4%20.3%43.9%23.2%43.8%
Bid-Ask Spread %27.973.6945.273.7719.07
Gamma HHI0.090.050.240.070.22
Net GEX11.3M-58.6M84.4M23.4M68.2M
Net DEX-990.1M-1.81B-339.4M-1.21B-1.29B
Net VEX-10.4M-11.2M-9.7M-9.7M-11.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.060.851.331.021.03
Total Volume797,198.261532,5901,164,920596,720699,160
Total OI6,115,338.6965,226,0307,051,0305,918,3806,216,790

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-03-01$14.28$13.0022.2%6.2%15.7%0.0%22.4%0.9%0.4%23.4M-1.21B-9.7M1.023.77N/AN/A295,490301,2302,747,6703,170,710
2017-03-02$13.93$13.0022.8%6.4%18.1%1.3%23.0%1.2%0.3%-40.0M-616.0M-9.7M0.933.72N/AN/A527,700491,5402,813,4903,278,890
2017-03-03$13.90$13.0023.7%6.6%17.7%3.2%23.5%0.7%0.6%-58.6M-576.4M-10.0M1.013.69N/AN/A574,030579,5802,909,9603,331,100
2017-03-06$14.23$14.0023.8%10.2%19.4%3.3%36.1%0.8%0.2%32.5M-1.21B-9.8M1.1037.06N/AN/A528,270579,2402,690,6203,145,020
2017-03-07$14.12$14.0022.3%10.0%19.7%0.2%35.3%1.1%-0.0%10.8M-1.01B-9.9M1.0238.67N/AN/A315,770323,4902,868,4703,382,850
2017-03-08$14.04$14.0021.4%9.8%17.5%0.0%34.7%1.2%0.4%-9.4M-856.6M-9.8M0.8838.36N/AN/A375,200328,3702,928,1603,460,320
2017-03-09$14.07$14.0021.3%9.8%17.2%0.0%34.5%1.0%-0.2%-7.5M-901.5M-9.8M1.0644.94N/AN/A258,530274,0602,977,5503,539,230
2017-03-10$14.08$14.0020.2%9.9%17.2%0.0%34.8%1.1%-0.4%-24.9M-955.8M-9.8M1.3045.27N/AN/A349,830455,6803,014,9903,539,220
2017-03-13$14.32$14.0020.8%10.3%18.3%1.3%36.4%2.0%14.8%36.4M-1.29B-9.7M0.9441.79N/AN/A470,860444,1002,729,8303,301,810
2017-03-14$14.29$14.0020.6%10.2%18.0%0.8%36.6%1.0%15.1%41.6M-1.27B-10.0M1.2343.77N/AN/A297,670365,3402,877,5303,483,360
2017-03-15$14.53$14.0023.5%10.5%17.2%6.7%36.9%0.1%16.3%84.4M-1.77B-10.0M1.1140.69N/AN/A447,170495,3202,967,7503,574,210
2017-03-16$14.44$14.0027.4%11.4%16.9%14.9%39.8%0.8%19.8%50.3M-1.53B-10.1M0.8934.95N/AN/A520,410462,0003,034,4903,734,910
2017-03-17$14.52$14.0030.4%11.6%16.9%21.0%40.4%1.1%20.8%21.3M-1.81B-10.5M1.0635.50N/AN/A564,310600,6103,174,5303,876,500
2017-03-20$14.58$14.0038.0%11.9%17.0%36.7%41.6%1.9%-1.9%23.5M-931.6M-10.6M1.1623.16N/AN/A320,410370,7902,252,2002,973,830
2017-03-21$14.25$14.0040.1%11.9%19.0%41.2%41.7%2.4%-1.0%-16.1M-466.5M-10.8M1.1522.58N/AN/A493,920568,7402,373,1603,148,750
2017-03-22$14.21$14.3042.3%12.1%18.8%45.7%42.5%2.5%-2.2%-31.4M-357.2M-11.2M1.0823.67N/AN/A345,460372,8802,475,1103,305,530
2017-03-23$14.17$14.2041.7%12.1%18.5%44.5%42.3%2.6%-2.8%-31.0M-339.4M-11.1M0.8526.10N/AN/A315,580268,4402,540,8003,346,500
2017-03-24$14.23$14.2040.8%11.9%18.5%42.5%41.4%2.5%-1.8%-17.1M-427.4M-11.2M1.2326.99N/AN/A285,500351,8902,605,3603,432,840
2017-03-27$14.42$14.2041.3%12.5%19.1%43.6%43.9%2.4%-2.7%2.6M-717.0M-11.2M0.9023.30N/AN/A366,770329,8502,304,4703,265,390
2017-03-28$14.53$14.2040.6%12.4%19.0%44.5%43.6%2.1%-2.5%21.9M-886.8M-11.2M1.2220.66N/AN/A286,480349,6302,421,9503,394,570
2017-03-29$14.66$14.2042.4%13.1%19.1%48.9%45.7%1.9%-2.5%31.5M-1.08B-11.1M0.8922.87N/AN/A373,450331,5702,465,7003,482,720
2017-03-30$14.80$14.3042.4%13.3%16.7%48.9%46.7%2.1%-2.9%46.9M-1.29B-11.1M1.3322.73N/AN/A291,160388,0802,539,7203,554,230
2017-03-31$14.80$14.3041.6%13.2%16.6%47.8%46.5%2.1%-3.4%68.2M-1.29B-11.0M1.0319.07N/AN/A344,260354,9002,579,9203,636,870