NFLX Options History — August 2019

In August 2019, NFLX traded between $28.99 and $32.02. ATM implied volatility averaged 35.5%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded below realized volatility by 6.3% (HV 20d: 41.8%). Max pain ranged from $31.00 to $33.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.98.

Notable Days

  • 2019-08-15: Highest Volume — 2,182,940 contracts
  • 2019-08-05: Largest IV spike — 17.2% change
  • 2019-08-05: Highest IV Rank — 26.0%
  • 2019-08-15: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.31$28.99$32.02$32.02$29.27
Max Pain$32.18$31.00$33.00$32.50$31.00
ATM IV35.5%32.6%39.6%32.6%33.3%
Expected Move10.1%9.4%11.1%9.6%9.4%
HV 20d41.8%32.1%53.4%48.9%33.6%
HV 60d38.7%37.5%39.5%38.4%37.7%
IV Rank16.3%9.5%26.0%11.4%10.7%
IV Percentile31.5%18.3%46.8%22.2%19.0%
Term Structure-0.2%-0.8%0.5%-0.7%0.2%
VWIV35.6%33.0%38.4%33.8%33.6%
Skew 25d6.0%2.9%7.3%2.9%5.8%
Skew 10d11.3%5.0%13.6%5.0%10.6%
Call IV 25d32.9%30.3%36.7%31.6%30.6%
Put IV 25d38.9%34.5%43.1%34.5%36.4%
Bid-Ask Spread %4.232.645.374.974.17
Gamma HHI0.060.040.110.040.06
Net GEX-71.0M-134.5M-10.5M-59.0M-91.4M
Net DEX2.37B927.3M3.71B1.25B2.83B
Net VEX-30.6M-31.9M-29.3M-31.7M-29.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.980.681.540.890.85
Total Volume1,539,787.727376,9202,182,9401,815,6201,421,820
Total OI8,419,748.6367,520,9909,237,4708,655,9308,518,490

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$32.02$32.5032.6%9.6%48.9%11.4%33.8%2.9%-0.7%-59.0M1.25B-31.7M0.894.97N/AN/A961,050854,5704,242,0404,413,890
2019-08-02$31.76$32.5033.8%9.9%48.8%13.9%35.1%3.9%-0.8%-122.3M1.74B-31.5M1.064.27N/AN/A1,037,4101,100,2104,297,7404,492,630
2019-08-05$30.74$33.0039.6%10.9%49.5%26.0%38.3%6.4%-0.7%-85.5M2.64B-30.8M1.305.20N/AN/A858,5301,118,5303,806,7904,183,610
2019-08-06$31.04$33.0036.8%10.2%49.5%20.1%35.8%6.7%-0.5%-61.7M2.21B-31.3M0.914.56N/AN/A885,430804,1003,980,6404,357,510
2019-08-07$30.43$33.0038.0%10.6%49.4%22.5%37.1%7.2%-0.4%-101.0M3.12B-30.7M1.094.91N/AN/A1,031,2601,129,2504,054,8204,514,740
2019-08-08$31.56$33.0033.6%9.6%52.2%13.4%33.0%5.7%0.0%-10.5M927.3M-31.9M0.745.37N/AN/A993,910734,9304,236,4504,573,290
2019-08-09$30.98$33.0034.7%10.0%52.2%15.8%35.1%6.2%-0.1%-42.5M2.00B-31.7M0.724.94N/AN/A1,133,640818,8604,344,6904,649,820
2019-08-12$31.15$33.0036.3%10.4%52.3%19.1%37.3%6.3%0.1%-56.4M1.73B-31.5M0.924.55N/AN/A792,560726,8003,951,5804,471,600
2019-08-13$31.16$33.0033.3%9.7%52.2%12.7%33.7%5.5%0.5%-55.1M1.78B-31.4M0.684.27N/AN/A711,630482,8704,081,1004,613,310
2019-08-14$29.95$33.0038.3%10.8%53.4%23.2%37.4%6.6%-0.7%-121.3M3.51B-30.0M1.284.34N/AN/A835,4201,071,0004,204,4604,660,050
2019-08-15$29.53$32.5039.0%11.1%35.5%23.1%38.4%7.3%-0.6%-134.5M3.71B-29.3M0.854.61N/AN/A1,178,7501,004,1904,290,3004,628,050
2019-08-16$30.26$32.5033.9%9.7%36.2%12.0%34.4%5.8%-0.2%-16.6M2.28B-30.5M0.863.70N/AN/A974,930842,3704,527,9604,709,510
2019-08-19$31.00$32.0032.7%9.4%36.6%9.5%34.0%5.6%0.3%-18.0M939.9M-31.3M0.773.65N/AN/A655,720507,6503,454,1404,066,850
2019-08-20$30.00$32.0034.7%9.9%38.3%13.8%36.0%6.3%0.1%-65.2M2.30B-30.3M1.013.15N/AN/A623,640630,7103,553,7604,177,790
2019-08-21$29.73$31.5034.6%9.9%34.8%13.7%34.9%6.2%0.0%-69.2M2.56B-30.1M0.905.06N/AN/A635,180574,1803,711,6404,297,990
2019-08-22$29.82$31.5034.8%10.0%33.4%14.1%34.5%6.1%-0.0%-48.6M2.32B-30.5M1.003.79N/AN/A621,480623,7603,834,3504,363,020
2019-08-23$29.14$31.5037.7%10.9%32.1%20.3%37.6%6.8%-0.5%-123.9M3.25B-29.9M1.195.23N/AN/A684,660814,8503,899,7804,464,520
2019-08-26$29.38$31.5037.0%10.7%32.6%18.8%37.2%6.6%-0.2%-74.6M2.81B-29.9M0.902.64N/AN/A198,870178,0503,577,8504,311,590
2019-08-27$28.99$31.0037.3%10.8%32.1%19.3%37.6%7.0%-0.1%-81.8M3.21B-29.3M0.983.21N/AN/A648,690635,1503,730,0604,359,060
2019-08-28$29.14$31.0035.4%10.1%32.3%15.3%34.6%6.6%0.1%-81.1M2.95B-29.4M1.543.29N/AN/A390,910601,8703,826,3904,424,540
2019-08-29$29.70$31.0033.0%9.4%33.4%10.2%33.5%5.7%0.0%-41.9M2.04B-30.4M1.013.23N/AN/A668,620677,3203,879,7604,496,310
2019-08-30$29.27$31.0033.3%9.4%33.6%10.7%33.6%5.8%0.2%-91.4M2.83B-29.6M0.854.17N/AN/A766,810655,0103,967,0704,551,420