NFLX Options History — July 2021

In July 2021, NFLX traded between $51.09 and $55.07. ATM implied volatility averaged 31.9%, placing in the 20.7% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 10.9% (HV 20d: 21.0%). Max pain ranged from $50.00 to $53.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.62.

Notable Days

  • 2021-07-21: Highest Volume — 3,451,050 contracts
  • 2021-07-21: Largest IV drop — 25.0% change
  • 2021-07-19: Highest IV Rank — 38.5%
  • 2021-07-19: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.85$51.09$55.07$53.33$51.65
Max Pain$51.71$50.00$53.00$50.00$52.50
ATM IV31.9%22.6%38.7%36.2%22.9%
Expected Move8.4%6.1%10.7%6.6%6.4%
HV 20d21.0%17.6%24.7%18.5%22.7%
HV 60d23.3%19.6%26.1%25.8%21.3%
IV Rank20.7%0.0%38.5%29.3%0.8%
IV Percentile27.2%0.0%53.2%37.3%0.4%
Term Structure-0.9%-2.6%0.9%-0.9%0.6%
VWIV30.3%22.7%38.5%23.8%22.8%
Skew 25d0.5%-1.2%2.1%-0.4%1.7%
Skew 10d1.0%-2.7%4.6%-0.3%3.3%
Call IV 25d32.2%22.1%39.9%37.3%22.1%
Put IV 25d32.7%23.5%39.9%36.9%23.8%
Bid-Ask Spread %8.472.3719.412.716.32
Gamma HHI0.060.030.170.070.04
Net GEX96.9M-223.7M433.3M330.0M-16.9M
Net DEX-2.04B-5.58B1.80B-4.16B146.7M
Net VEX-44.2M-45.6M-43.2M-45.3M-43.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.320.910.450.71
Total Volume1,363,107.143644,9303,451,0501,188,600945,480
Total OI7,021,142.8576,225,4708,069,3507,003,9907,053,530

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$53.33$50.0036.2%6.6%18.5%29.3%23.8%-0.4%-0.9%330.0M-4.16B-45.3M0.452.71N/AN/A821,240367,3603,185,1603,818,830
2021-07-02$53.42$50.0034.4%6.1%18.2%25.1%22.7%-0.0%-1.7%433.3M-4.21B-44.1M0.492.41N/AN/A904,310441,1503,213,2903,883,930
2021-07-06$54.28$50.5036.9%9.7%18.6%30.7%35.4%0.1%-1.6%217.1M-4.75B-43.4M0.492.37N/AN/A935,840457,4902,921,6403,651,330
2021-07-07$53.70$50.5038.1%9.9%19.1%33.4%35.4%0.3%-1.7%200.2M-3.99B-44.4M0.533.06N/AN/A520,790277,3503,069,9703,762,030
2021-07-08$53.09$50.5038.7%10.1%19.2%34.8%36.1%0.8%-1.9%109.0M-3.00B-44.8M0.684.92N/AN/A446,040301,3603,111,3803,835,670
2021-07-09$53.56$51.0036.9%9.7%19.2%30.7%34.7%0.4%-2.6%246.6M-3.82B-43.7M0.563.65N/AN/A601,550339,4403,136,0803,876,630
2021-07-12$53.52$51.0037.5%10.0%19.3%32.1%35.8%-0.1%-1.8%141.8M-3.54B-43.4M0.773.07N/AN/A439,660339,5002,970,6903,717,340
2021-07-13$54.13$51.0036.3%9.9%18.3%29.5%35.4%0.8%-1.4%202.0M-4.36B-43.9M0.503.83N/AN/A760,210379,6403,111,8603,866,790
2021-07-14$55.07$51.5036.0%9.9%17.6%28.8%35.4%0.2%-1.6%268.8M-5.58B-43.7M0.415.79N/AN/A1,587,460646,5303,158,7703,923,930
2021-07-15$54.15$52.0038.0%10.4%19.2%33.3%37.1%-1.2%-2.3%165.9M-4.16B-45.4M0.325.29N/AN/A2,102,350674,2603,340,8504,077,560
2021-07-16$52.89$52.5037.2%10.2%21.5%32.6%36.1%-0.7%-2.1%-7.9M-2.03B-45.6M0.7711.22N/AN/A858,500658,9503,491,4504,189,340
2021-07-19$52.95$52.5038.0%10.7%21.5%38.5%38.5%-0.4%-1.6%-16.5M-973.9M-45.6M0.9011.93N/AN/A476,310429,4202,596,3903,629,080
2021-07-20$53.32$52.5034.6%9.9%21.2%29.9%35.6%0.0%-1.3%-3.7M-1.39B-45.1M0.7212.34N/AN/A1,213,470872,0902,709,8803,758,050
2021-07-21$51.09$53.0025.9%7.4%24.7%7.6%26.7%0.2%0.2%-223.7M1.80B-43.5M0.9114.61N/AN/A1,809,5001,641,5503,194,0804,227,560
2021-07-22$51.16$52.5024.6%7.0%24.7%4.1%25.2%0.5%0.2%-173.7M1.36B-43.7M0.8015.27N/AN/A828,870659,4303,404,4104,448,020
2021-07-23$51.61$52.5022.6%6.4%24.6%0.0%23.5%1.1%0.9%71.9M429.3M-44.3M0.675.69N/AN/A1,094,890731,2903,560,1604,509,190
2021-07-26$51.63$52.5024.3%6.9%23.3%4.4%24.8%1.1%0.3%-16.2M-4.5M-43.8M0.4819.41N/AN/A657,770316,1102,756,3903,709,240
2021-07-27$51.72$52.5024.7%7.1%23.0%5.4%25.4%2.0%0.4%12.1M-160.2M-44.6M0.5813.84N/AN/A501,810289,3602,898,8803,799,040
2021-07-28$52.01$52.5023.5%6.6%23.1%2.5%23.7%2.1%0.5%76.7M-518.5M-44.1M0.6415.97N/AN/A396,670255,3203,012,1503,860,780
2021-07-29$51.51$52.5023.0%6.4%23.0%1.1%22.8%1.4%0.1%17.8M154.8M-43.3M0.7414.26N/AN/A370,840274,0903,088,5903,914,060
2021-07-30$51.65$52.5022.9%6.4%22.7%0.8%22.8%1.7%0.6%-16.9M146.7M-43.2M0.716.32N/AN/A552,060393,4203,102,9403,950,590