NFLX Options History — June 2021

In June 2021, NFLX traded between $48.72 and $53.40. ATM implied volatility averaged 28.5%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 9.3% (HV 20d: 19.2%). Max pain ranged from $50.00 to $51.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.57.

Notable Days

  • 2021-06-25: Highest Volume — 2,793,650 contracts
  • 2021-06-21: Largest IV spike — 16.4% change
  • 2021-06-23: Highest IV Rank — 33.6%
  • 2021-06-03: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.38$48.72$53.40$49.98$52.80
Max Pain$50.09$50.00$51.00$51.00$50.00
ATM IV28.5%23.0%38.2%23.9%36.2%
Expected Move7.1%6.5%7.8%6.8%6.6%
HV 20d19.2%15.0%22.9%22.3%20.0%
HV 60d27.9%25.7%31.0%31.0%25.7%
IV Rank12.1%0.0%33.6%1.3%29.2%
IV Percentile15.4%0.0%46.0%1.2%36.9%
Term Structure2.8%-2.0%11.9%-0.3%-1.5%
VWIV25.6%23.7%28.7%24.6%24.2%
Skew 25d0.4%-1.6%1.6%1.6%-0.9%
Skew 10d2.4%-2.4%5.6%5.4%-1.2%
Call IV 25d28.8%21.9%39.5%23.5%37.3%
Put IV 25d29.2%22.4%38.6%25.1%36.3%
Bid-Ask Spread %14.972.3633.052.362.43
Gamma HHI0.060.030.190.040.05
Net GEX94.0M-148.9M477.3M-4.3M221.4M
Net DEX-329.5M-5.20B2.41B651.4M-3.46B
Net VEX-44.7M-46.6M-43.1M-45.0M-45.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.310.780.760.59
Total Volume1,159,457.273561,2202,793,650572,670861,760
Total OI7,094,263.6366,139,5907,922,4206,804,1206,847,200

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$49.98$51.0023.9%6.8%22.3%1.3%24.6%1.6%-0.3%-4.3M651.4M-45.0M0.762.36N/AN/A325,870246,8003,040,6403,763,480
2021-06-02$49.84$51.0023.3%6.6%21.6%0.0%24.0%1.4%0.2%-15.4M907.3M-44.9M0.753.87N/AN/A363,140272,0403,119,2103,849,890
2021-06-03$48.95$50.0024.1%7.8%22.3%1.7%28.2%1.2%-0.1%-148.9M2.17B-43.9M0.7731.39N/AN/A546,280421,4803,178,7103,937,830
2021-06-04$49.60$50.0023.2%7.6%22.9%0.0%26.7%1.2%-0.1%-6.3M1.07B-45.2M0.7023.00N/AN/A621,880438,4503,297,6704,038,160
2021-06-07$49.52$50.0023.0%7.8%22.1%0.0%27.4%1.3%4.4%-22.0M1.21B-44.2M0.6313.49N/AN/A414,110260,7503,091,7603,875,790
2021-06-08$49.25$50.0023.3%7.7%19.0%0.7%28.7%1.5%3.6%-47.5M1.66B-43.7M0.7825.99N/AN/A316,000245,2203,158,9103,950,170
2021-06-09$48.77$50.0023.2%7.8%18.6%0.6%27.9%1.4%3.8%-119.7M2.39B-43.1M0.6028.64N/AN/A380,800229,2903,203,0204,013,210
2021-06-10$48.72$50.0023.4%7.7%17.1%0.8%27.9%1.0%4.2%-115.7M2.41B-43.3M0.5029.20N/AN/A810,390401,9103,307,0004,070,110
2021-06-11$48.89$50.0023.0%7.5%17.0%0.0%26.4%0.6%4.7%-69.0M2.27B-43.2M0.6818.85N/AN/A682,080466,4203,424,3104,186,530
2021-06-14$49.98$50.0025.1%7.4%18.5%4.6%26.5%0.6%8.0%113.1M178.9M-43.8M0.5712.95N/AN/A913,410521,9103,279,8304,040,370
2021-06-15$49.29$50.0023.0%6.6%18.8%0.1%23.7%0.2%11.4%-30.4M1.50B-43.8M0.6133.05N/AN/A542,090332,8303,305,0604,127,500
2021-06-16$49.30$50.0023.3%6.7%18.8%0.7%23.9%0.8%11.3%-18.0M1.42B-44.5M0.5527.48N/AN/A630,050347,7303,413,3304,210,800
2021-06-17$49.88$50.0025.2%6.5%18.9%4.8%23.8%0.4%11.7%136.3M235.8M-44.9M0.5727.06N/AN/A769,570440,7003,520,2704,278,840
2021-06-18$50.00$50.0028.8%7.0%15.0%12.9%25.4%1.3%11.9%258.4M75.3M-45.7M0.5312.94N/AN/A918,320486,2903,605,0704,317,350
2021-06-21$49.63$50.0033.6%6.8%15.1%23.4%24.9%0.5%-1.6%27.0M161.2M-44.9M0.552.94N/AN/A651,810361,3202,713,2103,426,380
2021-06-22$51.13$50.0035.6%6.8%18.3%27.8%24.9%-0.4%-1.7%211.4M-2.19B-46.1M0.432.48N/AN/A1,251,110540,7102,894,1803,570,110
2021-06-23$51.26$50.0038.2%6.9%18.2%33.6%25.1%-0.4%-2.0%247.8M-2.31B-46.6M0.373.17N/AN/A1,119,880416,6603,042,6503,663,520
2021-06-24$51.80$50.0037.5%6.9%18.5%32.1%25.2%-1.4%-1.9%409.9M-3.44B-46.4M0.334.37N/AN/A1,411,500471,6903,217,0403,715,480
2021-06-25$52.91$50.0036.7%6.9%19.7%30.4%25.2%-1.6%-1.9%477.3M-5.20B-45.6M0.314.05N/AN/A2,134,330659,3203,234,6403,791,060
2021-06-28$53.36$50.0037.1%7.0%19.8%31.2%25.2%-0.4%-1.7%265.7M-4.50B-44.9M0.413.06N/AN/A877,760359,6903,005,6803,583,570
2021-06-29$53.40$50.0036.8%6.7%19.4%30.6%24.3%-0.8%-1.4%297.0M-4.48B-44.2M0.4916.45N/AN/A702,670342,0403,089,7303,674,530
2021-06-30$52.80$50.0036.2%6.6%20.0%29.2%24.2%-0.9%-1.5%221.4M-3.46B-45.3M0.592.43N/AN/A543,540318,2203,125,9703,721,230