NFLX Options History — June 2019

In June 2019, NFLX traded between $33.45 and $37.07. ATM implied volatility averaged 39.5%, placing in the 27.2% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 5.6% (HV 20d: 33.9%). Max pain ranged from $34.50 to $35.50. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.74.

Notable Days

  • 2019-06-21: Highest Volume — 2,075,650 contracts
  • 2019-06-17: Largest IV spike — 11.9% change
  • 2019-06-25: Highest IV Rank — 38.2%
  • 2019-06-25: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.63$33.45$37.07$33.45$36.54
Max Pain$34.99$34.50$35.50$35.00$35.50
ATM IV39.5%32.8%45.4%38.9%43.0%
Expected Move12.5%10.1%13.6%11.3%13.3%
HV 20d33.9%31.0%37.4%31.0%32.3%
HV 60d33.2%32.1%34.4%32.7%32.5%
IV Rank27.2%15.3%38.2%27.8%33.1%
IV Percentile43.4%23.4%59.5%45.6%52.0%
Term Structure1.8%-2.1%12.0%-0.5%-2.0%
VWIV43.2%35.7%47.0%39.8%45.5%
Skew 25d6.2%5.0%7.5%7.3%6.6%
Skew 10d11.1%9.4%14.9%14.9%11.6%
Call IV 25d36.1%30.3%41.3%35.1%39.9%
Put IV 25d42.3%35.3%48.0%42.4%46.5%
Bid-Ask Spread %6.633.1518.113.404.18
Gamma HHI0.080.030.280.040.08
Net GEX71.2M-205.4M277.9M-53.5M16.4M
Net DEX-1.64B-4.29B945.2M945.2M-2.00B
Net VEX-28.1M-29.0M-27.0M-27.4M-28.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.451.161.150.69
Total Volume1,367,510.5851,4702,075,6501,508,7101,075,140
Total OI7,415,4155,648,4908,530,0807,074,0706,446,610

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$33.45$35.0038.9%11.3%31.0%27.8%39.8%7.3%-0.5%-53.5M945.2M-27.4M1.153.40N/AN/A700,250808,4603,262,8803,811,190
2019-06-04$35.19$34.5035.4%10.3%36.9%20.5%37.0%5.9%0.0%35.0M-1.23B-29.0M0.983.15N/AN/A681,320671,0803,374,5603,945,440
2019-06-05$35.48$34.7535.1%10.1%35.8%19.9%35.7%5.7%-0.0%54.5M-1.62B-28.8M0.803.83N/AN/A638,520513,0503,462,9004,080,240
2019-06-06$35.71$35.0033.8%12.2%35.9%17.3%43.1%5.5%0.1%111.2M-1.99B-28.9M1.1610.69N/AN/A393,740457,7303,561,2404,135,310
2019-06-07$36.08$35.0032.8%12.0%36.1%15.3%40.8%5.0%0.1%277.9M-2.67B-28.8M0.709.19N/AN/A951,190664,3303,601,0004,176,740
2019-06-10$35.07$35.0034.6%12.7%37.4%18.8%41.7%5.3%10.0%4.7M-773.9M-28.0M0.458.81N/AN/A1,238,340555,3803,387,1003,966,710
2019-06-11$35.16$35.0033.7%12.7%33.4%17.1%42.4%5.0%10.6%34.3M-997.7M-28.2M0.558.08N/AN/A812,670450,6403,698,8604,091,670
2019-06-12$34.54$35.0034.0%12.7%34.0%17.7%43.1%5.3%10.2%-28.4M42.9M-27.6M0.6310.12N/AN/A737,450461,0503,799,3104,150,310
2019-06-13$34.22$35.0035.7%13.0%32.5%17.9%44.3%5.5%12.0%-45.1M419.7M-27.1M0.5418.11N/AN/A1,134,240616,5703,888,3304,180,310
2019-06-14$33.95$35.0038.1%13.0%32.3%22.9%43.8%5.2%11.4%-205.4M737.8M-27.0M0.675.44N/AN/A1,117,690748,3904,034,7304,267,400
2019-06-17$35.07$35.0042.7%13.0%34.4%32.4%44.1%7.0%-1.7%54.5M-1.32B-27.6M0.596.46N/AN/A818,210482,9203,799,2104,095,390
2019-06-18$35.89$35.0042.6%12.6%34.7%32.3%44.1%6.8%-1.5%136.0M-2.67B-28.1M0.687.50N/AN/A801,080545,9703,883,4304,165,570
2019-06-19$36.35$35.0044.5%12.7%34.4%36.1%44.3%7.5%-1.5%184.0M-3.42B-28.0M0.664.37N/AN/A836,590553,2903,950,1804,225,420
2019-06-20$36.49$35.0043.9%12.7%33.8%34.9%43.9%6.8%-1.6%220.0M-3.59B-28.0M0.625.83N/AN/A955,240594,3804,047,1904,312,080
2019-06-21$36.89$35.0043.8%12.7%32.1%34.8%44.3%7.2%-1.9%268.7M-4.29B-28.1M0.584.93N/AN/A1,310,370765,2804,151,1704,378,910
2019-06-24$37.07$35.0044.3%13.2%31.9%35.7%45.5%6.5%-2.0%94.4M-2.59B-28.2M0.756.22N/AN/A568,660427,1902,679,8802,968,610
2019-06-25$36.06$35.0045.4%13.6%33.6%38.2%46.9%6.7%-2.1%40.8M-1.32B-28.0M0.874.47N/AN/A714,830623,2902,808,0003,084,670
2019-06-26$36.31$35.0044.7%13.5%32.7%36.6%46.3%6.8%-2.0%65.8M-1.70B-28.4M0.833.38N/AN/A469,050387,2802,951,5203,199,890
2019-06-27$37.04$35.0043.5%13.3%33.2%34.1%47.0%6.9%-2.0%158.8M-2.81B-28.5M0.854.52N/AN/A577,850491,5003,031,9103,252,430
2019-06-28$36.54$35.5043.0%13.3%32.3%33.1%45.5%6.6%-2.0%16.4M-2.00B-28.3M0.694.18N/AN/A637,400437,7403,109,9603,336,650