NFLX Options History — July 2020

In July 2020, NFLX traded between $47.55 and $54.81. ATM implied volatility averaged 48.9%, placing in the 30.9% IV rank vs the trailing year. The 30-day expected move averaged 13.8%. IV traded above realized volatility by 0.1% (HV 20d: 48.8%). Max pain ranged from $43.00 to $47.50. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.54.

Notable Days

  • 2020-07-10: Highest Volume — 5,941,320 contracts
  • 2020-07-17: Largest IV drop — 31.9% change
  • 2020-07-15: Highest IV Rank — 57.0%
  • 2020-07-15: Largest Expected Move — 18.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.95$47.55$54.81$48.67$48.77
Max Pain$45.84$43.00$47.50$43.00$47.50
ATM IV48.9%37.6%68.2%49.4%37.6%
Expected Move13.8%10.5%18.8%16.2%10.5%
HV 20d48.8%40.3%56.3%41.7%48.4%
HV 60d39.0%35.5%40.6%38.8%39.4%
IV Rank30.9%15.7%57.0%31.6%15.7%
IV Percentile67.4%38.9%96.0%73.8%38.9%
Term Structure-1.0%-4.2%0.8%-0.5%-0.0%
VWIV48.4%37.5%65.7%56.7%37.5%
Skew 25d-0.3%-4.3%1.7%1.7%0.9%
Skew 10d-1.3%-10.6%3.7%3.7%1.9%
Call IV 25d49.5%37.3%70.3%49.5%37.3%
Put IV 25d49.1%38.2%69.0%51.1%38.2%
Bid-Ask Spread %27.2917.4947.2333.9447.23
Gamma HHI0.080.030.270.070.06
Net GEX101.1M-110.9M302.8M171.4M79.9M
Net DEX-5.66B-11.39B-2.29B-6.71B-4.02B
Net VEX-31.0M-33.2M-27.5M-27.6M-32.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.330.920.380.72
Total Volume1,960,726.818809,3205,941,3202,520,0001,425,500
Total OI6,218,883.1825,186,0507,763,0605,340,1906,689,510

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$48.67$43.0049.4%16.2%41.7%31.6%56.7%1.7%-0.5%171.4M-6.71B-27.6M0.3833.94N/AN/A1,832,630687,3702,581,3402,758,850
2020-07-02$47.94$43.5047.0%15.4%40.7%28.5%53.7%0.3%-0.7%190.0M-5.98B-28.0M0.6620.99N/AN/A1,098,480727,9002,793,1802,868,850
2020-07-06$49.32$45.0050.7%13.6%41.3%33.4%47.9%0.0%-0.6%137.1M-6.39B-27.5M0.4521.81N/AN/A1,207,290546,8302,503,0802,682,970
2020-07-07$49.43$45.0052.1%14.0%41.2%35.2%48.9%-1.3%-1.6%146.5M-6.45B-28.1M0.3522.90N/AN/A1,040,520359,9902,671,7202,767,260
2020-07-08$50.30$45.0052.1%13.9%40.3%35.3%48.7%-1.5%-2.3%254.0M-7.63B-28.5M0.3920.37N/AN/A971,820382,1902,916,9702,836,840
2020-07-09$50.71$45.0051.2%13.8%40.3%34.1%48.3%0.3%-2.1%302.8M-8.05B-28.2M0.5422.30N/AN/A823,300444,7602,984,5902,901,490
2020-07-10$54.81$45.0057.2%15.3%46.1%42.2%53.7%-3.6%-2.0%165.1M-11.39B-27.9M0.3322.84N/AN/A4,479,7701,461,5503,001,2502,963,170
2020-07-13$53.30$45.0063.4%17.0%45.8%50.5%59.9%-3.1%-3.0%119.4M-8.10B-30.2M0.3626.33N/AN/A1,803,590655,5502,846,4102,791,270
2020-07-14$51.89$45.0067.6%18.2%47.7%56.1%63.9%-0.5%-3.5%101.5M-6.81B-32.5M0.4220.39N/AN/A1,273,530537,7803,147,0302,967,600
2020-07-15$52.28$45.0068.2%18.8%47.4%57.0%65.7%-1.1%-2.8%105.2M-7.02B-33.2M0.4417.49N/AN/A961,700422,3903,275,1703,093,660
2020-07-16$52.83$45.0066.6%18.2%46.9%54.9%63.3%-4.3%-4.2%120.5M-7.58B-32.9M0.4527.61N/AN/A2,431,7101,101,6503,444,2703,199,120
2020-07-17$49.08$45.5045.4%12.8%55.2%26.3%45.5%-1.5%-0.7%-19.4M-3.54B-31.9M0.7421.23N/AN/A2,689,5401,998,4104,051,3803,711,680
2020-07-20$50.28$45.5041.6%11.9%55.7%21.2%42.6%1.0%0.2%97.9M-5.01B-32.3M0.5926.18N/AN/A1,053,210621,7403,087,8502,960,410
2020-07-21$49.11$46.0042.4%12.2%55.5%22.3%42.8%-0.9%-0.0%80.6M-4.16B-32.4M0.6924.66N/AN/A770,030530,5903,271,3003,097,550
2020-07-22$48.96$47.5041.5%11.9%55.5%21.0%42.4%-0.7%0.4%54.0M-3.92B-32.7M0.6527.36N/AN/A618,010402,4003,362,4203,244,250
2020-07-23$47.55$47.5041.1%11.8%56.3%20.5%41.5%1.5%-0.3%-61.4M-2.29B-32.4M0.9236.90N/AN/A853,830782,3803,425,2903,307,610
2020-07-24$48.00$47.5040.5%11.6%56.2%19.6%40.9%1.1%0.6%-110.9M-2.93B-32.9M0.7535.93N/AN/A972,920726,0003,515,5703,383,190
2020-07-27$49.57$47.5041.5%11.9%54.0%21.0%42.1%-0.0%0.4%79.1M-4.71B-32.9M0.4925.63N/AN/A1,105,560540,5703,031,1603,152,040
2020-07-28$48.85$47.5039.8%11.4%54.5%18.7%40.5%1.2%0.1%73.6M-4.13B-32.5M0.5531.96N/AN/A523,500285,8203,190,8503,186,330
2020-07-29$48.60$47.5038.7%11.0%54.1%17.2%39.2%1.4%0.8%76.0M-3.87B-32.7M0.4537.29N/AN/A670,380302,0403,281,0103,239,490
2020-07-30$48.56$47.5039.2%11.1%48.7%17.9%39.6%1.6%0.7%61.2M-3.78B-32.6M0.5729.00N/AN/A644,600366,6603,337,0603,293,390
2020-07-31$48.77$47.5037.6%10.5%48.4%15.7%37.5%0.9%-0.0%79.9M-4.02B-32.1M0.7247.23N/AN/A826,420599,0803,347,0403,342,470