NFLX Options History — June 2018

In June 2018, NFLX traded between $35.94 and $41.64. ATM implied volatility averaged 40.2%, placing in the 45.4% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 13.8% (HV 20d: 26.3%). Max pain ranged from $31.50 to $36.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.81.

Notable Days

  • 2018-06-13: Highest Volume — 4,182,740 contracts
  • 2018-06-13: Largest IV spike — 19.8% change
  • 2018-06-27: Highest IV Rank — 100.0%
  • 2018-06-27: Largest Expected Move — 18.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.41$35.94$41.64$35.94$39.15
Max Pain$34.86$31.50$36.00$31.50$36.00
ATM IV40.2%25.0%61.8%25.0%56.3%
Expected Move13.3%7.2%18.7%7.2%17.6%
HV 20d26.3%19.1%39.8%21.1%39.4%
HV 60d38.8%34.6%41.4%41.4%36.2%
IV Rank45.4%6.9%100.0%6.9%86.1%
IV Percentile54.4%4.0%100.0%5.6%96.0%
Term Structure1.7%-3.5%12.9%-0.8%-3.5%
VWIV46.5%25.9%65.2%25.9%60.6%
Skew 25d1.9%-0.5%5.1%2.1%5.1%
Skew 10d3.5%-1.1%10.1%4.3%10.1%
Call IV 25d39.3%24.3%59.3%24.4%55.0%
Put IV 25d41.2%26.0%64.2%26.5%60.1%
Bid-Ask Spread %6.322.0316.003.767.91
Gamma HHI0.080.030.330.330.08
Net GEX120.3M-29.6M349.4M349.4M-29.6M
Net DEX-8.63B-13.07B-4.46B-9.54B-5.21B
Net VEX-24.6M-30.7M-21.1M-22.2M-30.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.601.020.680.82
Total Volume2,162,495.238945,3904,182,7401,811,3001,795,350
Total OI8,786,050.9526,929,42010,555,3009,067,3409,286,620

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-06-01$35.94$31.5025.0%7.2%21.1%6.9%25.9%2.1%-0.8%349.4M-9.54B-22.2M0.683.76N/AN/A1,077,140734,1604,123,2004,944,140
2018-06-04$36.19$33.0025.3%10.5%19.5%7.7%37.4%2.4%0.6%179.5M-9.23B-21.3M0.862.88N/AN/A692,240594,9803,915,8104,692,700
2018-06-05$36.54$33.0025.6%10.6%19.1%8.6%37.5%1.9%0.6%187.3M-9.88B-21.6M0.927.09N/AN/A1,014,190936,9404,036,1604,818,170
2018-06-06$36.43$33.5025.7%10.8%19.2%8.9%37.7%1.8%0.8%138.0M-9.40B-21.6M0.846.90N/AN/A549,130463,6004,149,4205,037,500
2018-06-07$36.17$34.5026.4%11.0%19.6%10.7%38.8%1.7%0.7%105.9M-8.69B-23.2M0.828.09N/AN/A795,690649,1904,225,3805,152,990
2018-06-08$36.06$34.5025.3%10.6%19.6%7.7%37.2%1.7%0.7%145.4M-8.59B-22.8M0.7810.12N/AN/A777,210606,3704,331,1305,235,240
2018-06-11$36.16$34.5025.3%10.5%19.1%7.7%36.5%1.5%11.0%93.3M-8.76B-21.8M0.966.24N/AN/A483,170462,2203,968,7404,847,140
2018-06-12$36.30$34.5025.2%10.4%19.1%7.5%36.4%1.7%10.9%99.4M-8.85B-21.1M1.0216.00N/AN/A537,870548,4904,009,8204,974,090
2018-06-13$38.04$35.0030.2%11.8%23.3%20.2%41.1%0.1%11.1%142.2M-11.15B-21.5M0.6710.38N/AN/A2,510,9901,671,7504,058,2405,103,290
2018-06-14$39.33$35.0034.2%12.3%25.0%30.4%42.9%0.1%10.6%214.4M-13.07B-22.0M0.7614.85N/AN/A2,227,2801,687,3704,464,5705,501,210
2018-06-15$39.24$35.0036.5%12.8%24.5%36.2%44.7%0.3%12.9%171.9M-12.89B-23.3M0.692.03N/AN/A1,928,1301,335,2204,736,2505,819,050
2018-06-18$39.06$35.0042.7%13.1%24.7%51.7%45.7%0.7%-1.3%92.6M-6.76B-24.5M0.843.19N/AN/A651,500548,2603,155,1803,774,240
2018-06-19$40.36$35.0047.8%14.1%25.9%64.6%49.2%0.5%-1.6%139.7M-8.41B-24.4M0.603.37N/AN/A1,979,8101,186,4503,325,4503,922,120
2018-06-20$41.64$36.0052.1%14.9%26.8%75.7%52.1%-0.5%-1.9%172.4M-10.05B-24.5M0.756.04N/AN/A1,819,1501,365,7703,594,5904,219,240
2018-06-21$41.49$36.0054.9%15.8%25.4%82.6%55.6%0.5%-2.1%127.2M-9.34B-26.0M0.852.84N/AN/A1,567,8301,327,6703,866,2904,553,600
2018-06-22$41.07$36.0052.6%15.2%26.2%76.9%53.4%1.1%-1.6%38.7M-8.66B-26.6M0.876.03N/AN/A1,034,840898,9104,089,8604,767,530
2018-06-25$38.44$36.0057.0%16.9%37.2%88.1%58.9%3.6%-3.0%7.4M-4.46B-29.0M0.824.45N/AN/A1,429,0701,171,3603,571,7604,172,560
2018-06-26$40.02$36.0056.2%16.9%39.1%86.1%58.9%3.5%-3.0%87.2M-6.82B-28.6M0.743.12N/AN/A1,229,600912,6803,883,9604,395,290
2018-06-27$39.43$36.0061.8%18.7%39.8%100.0%65.2%4.9%-3.3%40.4M-5.75B-30.7M0.813.01N/AN/A1,317,1501,060,4404,064,3804,622,830
2018-06-28$39.53$36.0057.7%17.6%39.5%89.6%61.1%5.1%-3.1%24.2M-5.77B-30.7M0.844.35N/AN/A998,640834,5904,253,6404,843,690
2018-06-29$39.15$36.0056.3%17.6%39.4%86.1%60.6%5.1%-3.5%-29.6M-5.21B-30.2M0.827.91N/AN/A989,040806,3104,375,5504,911,070