NFLX Options History — October 2018

In October 2018, NFLX traded between $27.74 and $37.99. ATM implied volatility averaged 52.4%, placing in the 71.8% IV rank vs the trailing year. The 30-day expected move averaged 15.5%. IV traded above realized volatility by 5.1% (HV 20d: 47.3%). Max pain ranged from $34.00 to $35.00. Net GEX was positive for 12 of 23 trading days. Term structure was in contango for 1 of 23 days. Put/call ratio averaged 0.70.

Notable Days

  • 2018-10-17: Highest Volume — 4,599,360 contracts
  • 2018-10-17: Largest IV drop — 29.4% change
  • 2018-10-10: Highest IV Rank — 100.0%
  • 2018-10-29: Largest Expected Move — 20.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.56$27.74$37.99$37.99$30.34
Max Pain$34.86$34.00$35.00$34.50$34.00
ATM IV52.4%40.8%65.5%48.4%50.5%
Expected Move15.5%11.7%20.1%15.9%16.3%
HV 20d47.3%29.0%70.0%37.4%70.0%
HV 60d40.8%35.7%49.8%36.0%49.8%
IV Rank71.8%42.9%100.0%66.2%65.3%
IV Percentile87.1%67.1%100.0%84.1%81.3%
Term Structure-2.1%-4.3%0.2%-1.7%-1.6%
VWIV53.8%42.1%66.5%55.6%56.7%
Skew 25d8.2%3.1%13.5%3.1%10.8%
Skew 10d16.5%5.4%28.1%5.4%22.0%
Call IV 25d48.8%38.1%61.0%46.2%45.4%
Put IV 25d57.0%43.9%71.8%49.3%56.2%
Bid-Ask Spread %7.152.6816.863.375.51
Gamma HHI0.040.030.080.050.03
Net GEX12.2M-80.8M185.0M138.2M11.6M
Net DEX-809.1M-6.26B3.74B-6.26B1.19B
Net VEX-33.8M-35.5M-29.5M-34.9M-34.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.500.870.600.71
Total Volume2,219,208.261974,9404,599,3601,661,4102,218,980
Total OI9,734,264.7838,776,15011,583,1408,834,85010,169,280

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-10-01$37.99$34.5048.4%15.9%37.4%66.2%55.6%3.1%-1.7%138.2M-6.26B-34.9M0.603.37N/AN/A1,037,850623,5604,084,3804,750,470
2018-10-02$37.56$34.5050.4%16.9%37.4%71.2%58.4%3.2%-1.9%101.7M-5.48B-35.5M0.585.64N/AN/A870,130506,6504,241,3504,901,390
2018-10-03$37.79$35.0050.5%17.1%29.0%71.5%59.1%3.5%-2.0%121.5M-5.89B-35.5M0.504.94N/AN/A650,180324,7604,367,2605,012,290
2018-10-04$36.16$35.0054.7%14.5%33.6%82.0%50.6%4.1%-2.5%-17.0M-2.81B-35.4M0.713.27N/AN/A1,269,310897,2404,343,3205,069,070
2018-10-05$35.11$35.0056.0%14.8%35.4%85.4%51.8%6.6%-3.1%-59.6M-1.18B-35.4M0.812.68N/AN/A1,747,7001,422,1604,539,6405,165,470
2018-10-08$34.98$35.0056.4%15.1%35.4%86.5%53.0%6.5%-2.8%15.4M-1.82B-34.8M0.683.04N/AN/A946,220640,7304,200,8404,948,550
2018-10-09$35.55$35.0054.9%14.9%35.2%82.7%51.7%6.6%-2.7%50.1M-2.79B-35.2M0.573.03N/AN/A846,960483,7604,381,0305,070,260
2018-10-10$32.81$35.0065.5%17.6%43.1%100.0%60.1%10.7%-4.1%-23.6M813.9M-34.1M0.628.48N/AN/A1,506,600935,7104,492,8905,132,920
2018-10-11$32.27$35.0063.1%17.0%43.1%94.7%59.3%9.9%-4.3%-34.8M1.50B-33.9M0.748.63N/AN/A1,145,030853,0504,743,1505,224,270
2018-10-12$33.87$35.0057.3%15.8%47.3%81.2%55.0%10.1%-3.5%42.9M-734.9M-34.9M0.768.91N/AN/A1,310,0201,001,8404,927,6605,292,820
2018-10-15$33.51$35.0057.1%16.1%45.4%80.8%55.8%8.6%-3.3%6.5M-472.5M-33.6M0.705.86N/AN/A676,760476,3704,277,6004,984,900
2018-10-16$34.55$35.0057.8%16.4%44.3%82.2%57.5%8.5%-4.0%38.4M-1.99B-34.4M0.7116.86N/AN/A1,529,1601,090,6204,451,2105,110,280
2018-10-17$36.37$35.0040.8%11.7%48.3%42.9%42.1%5.8%-1.4%185.0M-5.28B-32.9M0.747.13N/AN/A2,638,7501,960,6104,988,9305,542,230
2018-10-18$34.87$35.0042.6%12.3%50.6%47.1%43.1%7.2%-1.2%23.2M-1.78B-33.9M0.716.07N/AN/A1,660,0201,172,6305,304,9005,800,860
2018-10-19$33.35$35.0043.0%12.4%52.7%48.1%43.7%7.6%-1.2%-67.4M1.38B-33.0M0.824.90N/AN/A1,888,3801,557,0205,579,0506,004,090
2018-10-22$33.13$35.0042.2%12.6%51.9%46.3%43.9%7.8%0.2%-10.7M-124.5M-33.5M0.875.02N/AN/A1,197,8001,044,5104,062,7404,713,410
2018-10-23$33.28$35.0043.7%13.1%52.0%49.7%46.6%7.9%-0.1%13.3M-626.8M-34.4M0.756.03N/AN/A1,062,230794,0004,264,8904,936,640
2018-10-24$30.90$35.0052.8%16.4%56.0%70.7%55.5%11.2%-1.1%-46.6M2.03B-32.8M0.678.72N/AN/A1,474,050985,9704,487,1805,033,580
2018-10-25$31.48$35.0047.5%14.6%56.8%58.4%49.3%10.7%-0.6%-23.1M1.35B-33.1M0.646.80N/AN/A1,110,340713,7804,781,7705,112,260
2018-10-26$29.92$35.0053.4%16.7%58.6%72.2%57.0%12.3%-1.3%-80.8M2.99B-32.1M0.8413.52N/AN/A1,428,3501,206,4604,948,5805,227,190
2018-10-29$27.74$34.5061.2%20.1%62.1%90.2%66.5%13.5%-2.1%-50.3M3.74B-29.5M0.7910.37N/AN/A1,221,260960,1304,429,3104,966,800
2018-10-30$28.24$34.2555.0%18.5%63.2%75.9%64.2%13.0%-1.5%-53.4M3.64B-29.9M0.6415.72N/AN/A1,191,610762,5404,669,4905,151,890
2018-10-31$30.34$34.0050.5%16.3%70.0%65.3%56.7%10.8%-1.6%11.6M1.19B-34.2M0.715.51N/AN/A1,295,740923,2404,923,9805,245,300