NFLX Options History — October 2019

In October 2019, NFLX traded between $26.59 and $29.44. ATM implied volatility averaged 43.4%, placing in the 32.4% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 3.5% (HV 20d: 39.9%). Max pain ranged from $27.00 to $29.00. Net GEX was positive for 13 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.98.

Notable Days

  • 2019-10-17: Highest Volume — 6,976,240 contracts
  • 2019-10-17: Largest IV drop — 43.7% change
  • 2019-10-09: Highest IV Rank — 60.3%
  • 2019-10-02: Largest Expected Move — 19.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.78$26.59$29.44$27.12$28.68
Max Pain$27.83$27.00$29.00$29.00$28.00
ATM IV43.4%29.7%56.5%52.2%29.7%
Expected Move12.4%8.5%19.2%17.9%8.7%
HV 20d39.9%37.6%42.0%37.9%41.4%
HV 60d37.2%33.5%41.7%40.1%36.8%
IV Rank32.4%3.2%60.3%51.1%3.2%
IV Percentile51.3%5.2%92.5%82.1%5.2%
Term Structure-1.8%-3.9%0.8%-2.4%0.7%
VWIV44.1%30.9%67.1%64.3%30.9%
Skew 25d3.9%2.8%5.6%4.6%3.5%
Skew 10d7.2%4.8%11.2%8.1%6.6%
Call IV 25d41.8%28.2%54.6%50.0%28.3%
Put IV 25d45.7%31.8%58.9%54.5%31.8%
Bid-Ask Spread %6.352.5017.9017.903.09
Gamma HHI0.070.040.160.040.05
Net GEX9.3M-123.7M205.5M7.2M21.7M
Net DEX1.50B-993.4M3.87B2.14B443.9M
Net VEX-31.5M-33.1M-29.3M-32.6M-31.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.980.571.631.011.07
Total Volume2,033,210.435772,6606,976,2401,528,400985,720
Total OI10,433,483.0438,951,84013,115,65010,221,5909,905,620

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-10-01$27.12$29.0052.2%17.9%37.9%51.1%64.3%4.6%-2.4%7.2M2.14B-32.6M1.0117.90N/AN/A758,620769,7804,890,1105,331,480
2019-10-02$26.78$29.0054.7%19.2%37.7%56.4%67.1%5.6%-3.2%-12.8M2.63B-31.9M1.255.07N/AN/A536,070667,5304,934,7205,373,120
2019-10-03$26.76$27.0055.6%14.3%37.6%58.4%50.6%4.3%-3.5%-4.6M2.54B-32.2M0.857.10N/AN/A948,830804,3305,039,5205,434,230
2019-10-04$27.31$27.0053.8%13.9%38.6%54.7%48.5%3.5%-3.6%67.9M1.47B-32.9M0.737.79N/AN/A1,405,3301,019,2505,223,8005,516,530
2019-10-07$27.48$27.0054.5%14.5%38.4%56.0%51.3%3.2%-2.9%41.3M1.42B-32.7M0.886.62N/AN/A673,500592,4204,944,4605,228,440
2019-10-08$27.15$27.0056.1%15.0%37.6%59.6%52.4%2.8%-3.2%13.5M1.95B-32.3M0.829.21N/AN/A509,210415,5405,017,7405,463,680
2019-10-09$26.69$27.5056.5%15.2%37.9%60.3%53.2%3.6%-3.6%-28.0M2.68B-31.4M1.0310.80N/AN/A712,840734,6005,136,4405,542,100
2019-10-10$27.99$27.5055.3%15.0%41.9%57.9%52.5%3.8%-3.7%96.7M464.0M-33.0M1.0511.58N/AN/A961,8801,012,9005,293,5305,643,710
2019-10-11$28.45$27.5052.9%14.4%42.0%52.7%50.8%3.7%-3.7%145.9M-244.1M-33.1M0.5716.10N/AN/A1,341,700762,0105,374,8305,812,800
2019-10-14$28.56$27.5052.2%14.7%42.0%51.2%51.4%3.1%-2.9%34.1M262.2M-32.2M0.875.95N/AN/A473,680414,3904,989,4805,439,320
2019-10-15$28.43$27.5052.1%14.8%41.5%51.0%52.1%3.3%-2.6%27.4M500.1M-32.0M0.814.93N/AN/A698,670563,2705,075,4205,550,620
2019-10-16$28.64$27.5056.3%16.1%40.8%59.9%56.5%3.6%-3.9%30.3M49.1M-32.5M0.876.96N/AN/A2,040,8901,770,1005,212,7805,743,060
2019-10-17$29.44$27.5031.7%9.1%41.5%7.4%32.1%3.4%0.2%205.5M-993.4M-30.1M0.923.59N/AN/A3,632,6103,343,6306,064,4206,380,070
2019-10-18$27.65$28.5034.1%9.8%41.8%12.6%34.3%4.0%0.1%-107.9M3.70B-30.5M1.004.23N/AN/A2,600,1702,606,9606,300,6906,814,960
2019-10-21$27.80$28.5032.4%9.2%41.3%9.0%35.4%3.7%-1.0%-53.2M2.11B-30.2M1.102.96N/AN/A1,079,1501,190,2903,934,8705,016,970
2019-10-22$26.59$28.5034.5%9.9%41.6%13.4%36.2%4.9%-1.3%-123.7M3.87B-29.3M1.633.17N/AN/A892,1501,454,6004,169,5605,390,510
2019-10-23$27.08$28.0032.5%9.2%38.6%9.1%34.0%4.9%-0.7%-92.8M3.09B-30.3M1.313.00N/AN/A722,690946,4104,369,0805,576,330
2019-10-24$27.05$28.0031.4%8.9%38.6%6.8%33.9%4.9%-0.8%-104.1M3.05B-30.2M1.302.50N/AN/A552,420719,6904,498,8405,701,870
2019-10-25$27.69$28.0030.0%8.5%39.3%3.8%31.8%4.1%-0.5%28.7M1.76B-31.0M0.942.82N/AN/A775,580729,9404,570,6605,812,980
2019-10-28$28.26$28.0029.8%8.8%39.7%3.4%31.8%3.8%0.8%-14.0M1.05B-30.6M0.873.03N/AN/A634,540553,1203,906,5305,357,510
2019-10-29$28.17$28.0029.9%8.7%39.2%3.7%31.5%3.7%0.4%-18.1M1.23B-30.6M0.864.63N/AN/A415,330357,3303,994,2505,443,530
2019-10-30$29.21$28.0029.7%8.7%40.6%3.2%31.1%3.5%0.7%53.8M-537.6M-31.2M0.723.12N/AN/A1,151,420832,7504,063,1005,485,840
2019-10-31$28.68$28.0029.7%8.7%41.4%3.2%30.9%3.5%0.7%21.7M443.9M-31.1M1.073.09N/AN/A476,700509,0204,251,3705,654,250