NFLX Options History — August 2017

In August 2017, NFLX traded between $16.58 and $18.20. ATM implied volatility averaged 28.6%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 5.3% (HV 20d: 34.0%). Max pain ranged from $16.00 to $17.00. Net GEX was positive for 13 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 0.95.

Notable Days

  • 2017-08-10: Highest Volume — 1,497,240 contracts
  • 2017-08-10: Largest IV spike — 15.6% change
  • 2017-08-10: Highest IV Rank — 37.3%
  • 2017-08-10: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.23$16.58$18.20$18.20$17.48
Max Pain$16.50$16.00$17.00$17.00$16.50
ATM IV28.6%26.5%33.7%29.8%26.6%
Expected Move8.2%7.3%9.7%8.6%7.3%
HV 20d34.0%19.8%51.8%48.9%23.8%
HV 60d37.6%37.1%38.4%37.6%37.9%
IV Rank23.4%17.3%37.3%26.5%17.6%
IV Percentile39.1%27.4%63.5%45.2%27.8%
Term Structure0.2%-0.4%0.8%-0.4%0.5%
VWIV29.1%26.0%33.9%30.5%26.0%
Skew 25d2.5%1.4%3.6%1.6%2.4%
Skew 10d5.0%2.9%7.6%3.3%4.5%
Call IV 25d28.0%25.5%32.7%29.8%26.1%
Put IV 25d30.5%28.2%36.3%31.4%28.5%
Bid-Ask Spread %6.213.6012.617.896.36
Gamma HHI0.080.050.120.110.08
Net GEX4.5M-40.3M70.1M32.4M70.1M
Net DEX-1.15B-2.15B-441.4M-2.15B-1.82B
Net VEX-13.0M-13.8M-12.4M-13.0M-13.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.711.410.710.97
Total Volume865,662.609593,2401,497,240620,020771,240
Total OI7,076,500.4355,963,6007,916,9107,183,0807,089,720

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-08-01$18.20$17.0029.8%8.6%48.9%26.5%30.5%1.6%-0.4%32.4M-2.15B-13.0M0.717.89N/AN/A362,880257,1403,187,1303,995,950
2017-08-02$18.03$17.0029.5%8.5%49.4%25.8%30.8%1.7%-0.4%17.6M-1.90B-12.9M1.065.01N/AN/A420,970447,5303,286,9104,056,180
2017-08-03$17.91$16.0029.5%8.5%49.3%25.8%30.6%1.7%-0.4%6.2M-1.73B-12.9M1.0712.61N/AN/A351,650375,1503,327,4704,104,290
2017-08-04$17.98$16.0027.9%8.0%48.8%21.2%29.2%1.4%-0.4%31.1M-1.83B-12.6M0.868.15N/AN/A489,260420,8303,400,9604,137,770
2017-08-07$18.14$16.5028.0%8.2%48.7%21.7%29.0%1.8%0.2%37.7M-2.11B-12.4M0.937.17N/AN/A337,800313,4403,070,1803,895,740
2017-08-08$17.81$16.5028.8%8.4%49.6%23.7%29.7%1.7%0.8%12.1M-1.66B-12.5M0.759.97N/AN/A364,140274,1803,179,3503,988,380
2017-08-09$17.55$16.5029.1%8.3%49.7%24.7%29.7%2.3%-0.0%-16.2M-1.24B-12.5M1.077.54N/AN/A600,170644,6403,267,3704,047,180
2017-08-10$16.92$16.5033.7%9.7%51.8%37.3%33.9%3.6%0.3%-37.4M-441.4M-13.0M1.417.93N/AN/A622,030875,2103,367,7204,174,550
2017-08-11$17.16$16.5032.1%9.3%51.6%32.9%32.7%3.0%0.7%-9.9M-831.3M-13.2M1.078.19N/AN/A471,180501,8403,496,7904,304,210
2017-08-14$17.07$16.5030.0%8.6%51.7%27.1%29.9%2.6%0.2%-13.3M-878.0M-12.7M0.935.75N/AN/A433,480404,7303,158,0204,015,800
2017-08-15$16.93$16.5027.8%8.0%22.4%21.0%28.4%2.3%0.5%-20.5M-715.2M-12.7M1.094.80N/AN/A345,650375,5403,314,6004,127,570
2017-08-16$16.94$16.5026.7%7.6%22.3%17.9%27.5%2.3%0.4%-18.7M-747.6M-12.7M0.794.74N/AN/A489,350387,0303,412,3804,190,700
2017-08-17$16.63$16.5029.7%8.5%22.9%26.3%30.5%2.9%-0.3%-40.3M-464.3M-13.4M1.184.91N/AN/A400,400472,8103,548,8204,253,330
2017-08-18$16.71$16.5028.9%8.3%21.0%24.0%28.8%3.5%-0.4%-26.0M-625.0M-13.1M1.085.90N/AN/A545,810592,0703,622,1604,294,750
2017-08-21$16.67$16.5029.6%8.5%20.8%26.2%30.4%3.0%0.2%-10.4M-635.3M-13.1M0.925.12N/AN/A454,340417,3102,511,6903,451,910
2017-08-22$16.97$16.5027.2%7.6%22.4%19.2%27.3%2.7%0.1%13.4M-993.2M-13.0M0.884.45N/AN/A335,300294,0202,682,0903,567,280
2017-08-23$16.92$16.5027.3%7.6%21.8%19.5%27.5%2.6%0.5%11.7M-937.6M-13.1M0.974.51N/AN/A336,790327,0602,746,5203,619,690
2017-08-24$16.80$16.5028.1%8.0%19.9%21.8%28.1%2.9%0.4%6.5M-819.2M-13.2M1.015.66N/AN/A427,550432,0302,820,3103,698,280
2017-08-25$16.58$16.5027.9%7.8%19.8%21.2%28.3%2.8%0.5%-26.7M-503.8M-13.4M0.824.64N/AN/A422,630345,2702,931,2303,823,990
2017-08-28$16.69$16.5027.7%7.7%20.0%20.7%27.5%3.1%0.5%4.4M-735.0M-13.2M0.733.80N/AN/A342,990250,2502,713,4203,627,030
2017-08-29$16.90$16.5026.5%7.3%20.8%17.3%26.3%2.7%0.3%24.8M-1.01B-13.2M0.854.13N/AN/A406,690344,8002,847,4803,696,490
2017-08-30$17.41$16.5026.8%7.5%23.8%18.2%27.0%2.3%0.7%55.8M-1.71B-13.4M0.753.60N/AN/A815,200609,8602,932,7103,773,410
2017-08-31$17.48$16.5026.6%7.3%23.8%17.6%26.0%2.4%0.5%70.1M-1.82B-13.8M0.976.36N/AN/A391,470379,7703,137,3003,952,420