NFLX Options History — May 2017

In May 2017, NFLX traded between $15.38 and $16.36. ATM implied volatility averaged 24.8%, placing in the 11.4% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded below realized volatility by 4.3% (HV 20d: 29.1%). Max pain ranged from $14.50 to $15.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.91.

Notable Days

  • 2017-05-25: Highest Volume — 1,469,960 contracts
  • 2017-05-17: Largest IV spike — 14.5% change
  • 2017-05-17: Highest IV Rank — 15.6%
  • 2017-05-19: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.83$15.38$16.36$15.60$16.28
Max Pain$14.56$14.50$15.00$14.50$15.00
ATM IV24.8%23.1%26.4%25.6%25.8%
Expected Move7.1%6.6%7.6%7.4%7.1%
HV 20d29.1%22.4%32.0%31.1%23.3%
HV 60d22.9%22.1%24.5%22.5%23.6%
IV Rank11.4%7.1%15.6%13.5%14.0%
IV Percentile12.6%3.6%21.4%13.5%21.0%
Term Structure0.0%-1.5%0.5%-0.0%-1.5%
VWIV25.2%23.5%26.8%26.3%25.3%
Skew 25d0.9%0.5%2.1%0.7%1.0%
Skew 10d1.8%0.9%4.4%0.9%1.9%
Call IV 25d24.6%23.2%26.0%25.3%25.3%
Put IV 25d25.6%23.8%28.0%26.0%26.4%
Bid-Ask Spread %4.592.796.393.535.27
Gamma HHI0.120.060.330.110.09
Net GEX40.3M-984.0K93.4M54.2M36.6M
Net DEX-1.86B-2.38B-1.07B-2.01B-1.92B
Net VEX-11.3M-11.9M-10.6M-10.9M-11.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.701.430.810.84
Total Volume743,485.909410,8301,469,9601,443,270605,380
Total OI6,495,902.2735,945,7206,863,5206,190,4906,478,280

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-05-01$15.60$14.5025.6%7.4%31.1%13.5%26.3%0.7%-0.0%54.2M-2.01B-10.9M0.813.53N/AN/A797,500645,7702,654,7903,535,700
2017-05-02$15.63$14.7024.4%7.1%30.9%10.6%25.0%0.6%-0.1%45.8M-1.98B-11.0M1.064.10N/AN/A308,460326,6002,758,4003,723,660
2017-05-03$15.54$14.8023.7%6.8%30.5%8.7%23.9%0.6%0.3%36.2M-1.85B-11.0M0.933.53N/AN/A276,660256,8802,803,0203,799,210
2017-05-04$15.73$14.5023.7%6.9%30.2%8.7%24.2%0.7%0.2%60.7M-2.17B-10.7M0.764.37N/AN/A493,030372,8902,845,6403,836,390
2017-05-05$15.67$14.5024.3%7.1%30.3%10.3%24.9%0.6%0.1%49.9M-2.08B-10.8M0.775.83N/AN/A446,100343,3802,928,2903,913,200
2017-05-08$15.57$14.5024.5%7.0%30.4%10.7%24.7%0.8%-0.2%37.1M-1.71B-10.9M0.705.04N/AN/A339,320238,8102,684,0403,564,920
2017-05-09$15.74$14.5024.3%7.0%30.5%10.2%24.6%0.8%0.4%51.7M-1.96B-11.0M0.805.69N/AN/A314,460251,3302,781,4203,657,540
2017-05-10$16.03$14.5023.8%6.9%30.9%8.8%24.5%0.6%0.2%75.6M-2.37B-10.6M0.843.58N/AN/A744,160625,5702,827,0503,700,720
2017-05-11$15.84$14.5023.6%6.8%31.4%8.4%24.2%0.8%0.1%44.2M-2.01B-10.9M0.733.53N/AN/A403,700296,6502,843,6203,820,930
2017-05-12$16.05$14.5023.7%6.8%31.4%8.7%24.6%0.6%0.2%93.4M-2.38B-11.0M0.804.29N/AN/A485,330387,0402,891,1103,866,660
2017-05-15$16.00$14.5023.4%6.7%31.5%7.9%24.0%0.5%0.5%47.4M-2.01B-11.1M1.112.79N/AN/A269,170299,3002,709,2703,690,220
2017-05-16$15.95$14.5023.1%6.6%31.1%7.1%23.5%0.6%0.3%43.3M-1.98B-11.1M0.773.30N/AN/A239,410185,2502,774,4303,791,150
2017-05-17$15.38$14.5026.4%7.6%32.0%15.6%26.8%2.1%-0.5%-984.0K-1.07B-11.9M1.234.16N/AN/A360,220443,7502,819,6603,836,880
2017-05-18$15.60$14.5026.0%7.5%31.9%14.5%26.2%2.0%-0.1%6.7M-1.39B-11.8M1.023.90N/AN/A292,450298,9102,858,8703,926,560
2017-05-19$15.67$14.5026.4%7.6%31.9%15.5%26.6%1.1%-0.1%13.3M-1.54B-11.9M1.075.03N/AN/A363,990390,7102,891,1603,972,360
2017-05-22$15.67$14.5025.4%7.3%31.9%13.0%26.0%1.2%-0.2%11.2M-1.32B-11.7M0.886.39N/AN/A272,010238,5802,485,2403,460,480
2017-05-23$15.77$14.5025.1%7.2%23.8%12.3%25.6%1.1%0.4%19.4M-1.45B-11.8M0.876.32N/AN/A235,800204,9202,609,9003,567,800
2017-05-24$15.75$14.5024.8%6.9%22.4%11.4%24.5%1.2%0.3%22.3M-1.45B-11.8M1.436.29N/AN/A168,790242,0402,645,2403,611,210
2017-05-25$16.36$14.5025.9%7.4%24.7%14.2%26.3%0.7%0.1%56.2M-2.24B-11.3M0.844.90N/AN/A800,380669,5802,679,6203,709,670
2017-05-26$16.22$14.5025.3%7.2%24.7%12.8%25.4%0.8%-0.0%40.1M-2.01B-11.8M0.774.95N/AN/A456,600350,9802,787,8703,868,470
2017-05-30$16.30$14.9025.6%7.4%23.3%13.5%26.3%0.7%-0.2%42.9M-1.98B-11.6M0.924.30N/AN/A320,460294,3702,659,7603,639,440
2017-05-31$16.28$15.0025.8%7.1%23.3%14.0%25.3%1.0%-1.5%36.6M-1.92B-11.6M0.845.27N/AN/A329,510275,8702,728,4503,749,830