NFLX Options History — July 2018

In July 2018, NFLX traded between $33.52 and $41.90. ATM implied volatility averaged 42.1%, placing in the 50.2% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 2.9% (HV 20d: 39.2%). Max pain ranged from $36.00 to $38.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.81.

Notable Days

  • 2018-07-17: Highest Volume — 9,761,440 contracts
  • 2018-07-17: Largest IV drop — 25.8% change
  • 2018-07-03: Highest IV Rank — 86.9%
  • 2018-07-03: Largest Expected Move — 18.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.13$33.52$41.90$39.61$33.77
Max Pain$37.07$36.00$38.00$36.00$37.00
ATM IV42.1%29.8%56.6%55.5%33.3%
Expected Move12.0%8.5%18.9%18.2%9.7%
HV 20d39.2%32.1%44.5%39.5%37.5%
HV 60d33.9%31.2%36.2%35.9%34.3%
IV Rank50.2%19.2%86.9%84.3%28.0%
IV Percentile67.4%38.9%96.0%94.8%46.4%
Term Structure-1.4%-3.0%0.2%-2.7%-0.9%
VWIV42.1%30.2%64.6%61.8%35.0%
Skew 25d2.1%0.0%4.1%4.1%2.7%
Skew 10d3.5%-1.1%8.9%8.9%4.9%
Call IV 25d41.1%29.7%54.1%52.5%32.3%
Put IV 25d43.2%30.6%57.9%56.6%34.9%
Bid-Ask Spread %5.152.1511.009.544.49
Gamma HHI0.070.040.270.040.05
Net GEX12.6M-216.1M188.3M57.3M-83.6M
Net DEX-3.94B-9.26B2.26B-6.00B1.84B
Net VEX-29.7M-33.0M-26.0M-29.4M-31.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.541.110.811.05
Total Volume2,682,955.714968,8509,761,4401,264,8702,147,970
Total OI9,590,869.5248,176,19012,412,1708,176,19010,070,520

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$39.61$36.0055.5%18.2%39.5%84.3%61.8%4.1%-2.7%57.3M-6.00B-29.4M0.819.54N/AN/A700,190564,6803,771,5304,404,660
2018-07-03$39.05$36.0056.6%18.9%40.0%86.9%64.6%3.7%-3.0%44.8M-5.36B-29.9M0.7011.00N/AN/A568,270400,5803,915,2504,552,860
2018-07-05$39.77$37.0053.9%14.1%40.2%80.0%49.7%3.6%-2.8%126.7M-6.54B-29.1M0.674.87N/AN/A788,280531,3304,015,4404,632,740
2018-07-06$40.77$37.0052.9%14.0%40.6%77.6%49.3%3.5%-3.0%188.3M-8.45B-27.4M0.777.33N/AN/A1,277,320985,4804,127,0304,744,920
2018-07-09$41.77$37.0051.2%13.7%40.9%73.4%48.4%3.1%-2.7%143.7M-9.03B-26.0M0.722.63N/AN/A1,201,690868,2603,841,2104,491,400
2018-07-10$41.58$37.0051.9%14.0%41.1%75.0%49.3%2.7%-2.6%137.3M-8.71B-26.5M0.814.08N/AN/A818,290664,4804,012,2304,733,490
2018-07-11$41.90$37.0050.7%13.8%41.1%72.1%48.5%2.5%-2.6%170.2M-9.26B-26.3M0.784.11N/AN/A845,270660,6204,161,0704,905,210
2018-07-12$41.27$37.0050.8%13.8%39.1%72.3%48.6%2.6%-3.0%89.6M-8.02B-26.9M0.5410.99N/AN/A1,615,130875,7404,276,8605,022,100
2018-07-13$39.62$37.5050.2%13.8%40.5%70.7%48.2%2.4%-2.9%-72.4M-4.56B-27.2M0.606.32N/AN/A2,879,3001,717,3004,501,6705,193,220
2018-07-16$39.99$37.5048.8%13.8%40.6%67.1%48.2%2.0%-2.3%85.6M-6.48B-27.8M0.795.32N/AN/A1,552,1901,220,2904,087,2504,586,930
2018-07-17$38.04$38.0036.2%10.3%44.5%35.4%36.6%0.7%-0.4%-27.2M-3.57B-27.0M0.852.15N/AN/A5,273,6004,487,8404,512,0505,068,140
2018-07-18$37.43$37.0034.4%9.9%42.9%30.8%34.6%0.0%-0.1%-25.0M-3.63B-31.4M0.853.06N/AN/A2,001,4701,703,7805,465,1505,898,090
2018-07-19$36.43$37.5034.7%9.9%41.5%31.6%35.1%0.8%0.0%-147.5M-1.24B-33.0M0.843.37N/AN/A1,969,2601,652,1305,904,6206,183,660
2018-07-20$36.10$37.5033.0%9.4%41.5%27.2%33.3%1.0%0.0%-216.1M-752.1M-32.8M0.995.38N/AN/A1,948,7201,937,2606,162,6006,249,570
2018-07-23$36.22$37.5032.2%9.3%41.7%25.3%32.9%1.0%0.1%-24.2M-1.27B-32.7M0.743.11N/AN/A1,052,780775,6504,232,3704,885,470
2018-07-24$35.67$37.0031.9%9.2%35.4%24.5%32.5%1.0%0.1%-52.0M-397.4M-32.5M0.733.03N/AN/A1,097,570799,2504,455,3205,062,690
2018-07-25$36.25$37.0029.8%8.5%32.3%19.2%30.2%1.0%0.2%26.1M-1.63B-32.4M0.924.88N/AN/A801,420741,0304,633,6905,217,350
2018-07-26$36.31$37.0030.6%8.7%32.1%21.2%30.9%1.0%0.2%50.1M-1.83B-32.8M0.783.60N/AN/A899,180701,4104,749,6005,319,110
2018-07-27$35.56$37.0030.2%8.6%32.6%20.3%30.5%1.5%0.1%-111.2M-111.6M-31.9M0.904.97N/AN/A1,354,7001,217,7104,804,4005,345,750
2018-07-30$33.52$37.0034.7%10.4%37.7%31.5%36.8%2.5%-0.9%-95.4M2.26B-29.9M1.113.92N/AN/A1,441,9801,602,6704,239,7004,971,340
2018-07-31$33.77$37.0033.3%9.7%37.5%28.0%35.0%2.7%-0.9%-83.6M1.84B-31.6M1.054.49N/AN/A1,045,4901,102,4804,685,1005,385,420