NFLX Options History — August 2021

In August 2021, NFLX traded between $51.05 and $56.73. ATM implied volatility averaged 22.6%, placing in the 3.0% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 2.8% (HV 20d: 19.8%). Max pain ranged from $51.00 to $52.50. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 0.64.

Notable Days

  • 2021-08-19: Highest Volume — 3,254,170 contracts
  • 2021-08-19: Largest IV spike — 11.6% change
  • 2021-08-19: Highest IV Rank — 13.1%
  • 2021-08-19: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.23$51.05$56.73$51.48$56.73
Max Pain$51.20$51.00$52.50$52.50$51.00
ATM IV22.6%20.9%26.3%23.0%22.1%
Expected Move6.4%5.9%7.5%6.4%5.9%
HV 20d19.8%11.8%22.7%22.7%18.5%
HV 60d20.1%18.7%21.3%21.3%20.3%
IV Rank3.0%0.0%13.1%1.1%2.8%
IV Percentile3.6%0.0%19.0%2.0%2.8%
Term Structure0.3%-0.3%0.7%0.0%0.5%
VWIV23.8%22.0%28.9%23.8%22.0%
Skew 25d1.3%0.3%2.6%1.9%0.9%
Skew 10d3.5%0.3%6.7%3.6%2.0%
Call IV 25d22.6%20.4%26.9%22.6%22.5%
Put IV 25d23.9%22.0%27.6%24.6%23.4%
Bid-Ask Spread %26.816.6943.568.7415.06
Gamma HHI0.080.040.390.040.07
Net GEX150.0M-71.0M509.8M-14.5M340.4M
Net DEX-2.74B-6.90B500.6M-21.3M-6.90B
Net VEX-43.6M-44.8M-41.7M-42.3M-43.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.310.930.860.56
Total Volume949,170.909491,4503,254,170587,220617,200
Total OI6,710,445.9096,120,3407,116,8006,236,8906,703,260

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$51.48$52.5023.0%6.4%22.7%1.1%23.8%1.9%0.0%-14.5M-21.3M-42.3M0.868.74N/AN/A316,160271,0602,647,3103,589,580
2021-08-03$51.05$52.5023.2%6.5%21.8%1.6%23.4%1.8%-0.3%-57.6M500.6M-42.1M0.586.69N/AN/A534,580310,5702,705,0903,634,280
2021-08-04$51.78$52.5022.9%6.3%22.4%0.8%22.9%1.7%0.1%32.6M-560.1M-43.2M0.6619.24N/AN/A360,690239,3302,840,4503,738,700
2021-08-05$52.48$51.0022.4%6.6%22.7%0.0%24.0%1.3%0.2%226.4M-2.02B-44.7M0.5325.69N/AN/A714,060377,5903,028,4303,805,990
2021-08-06$51.98$51.0021.7%6.3%22.7%0.0%23.1%1.3%0.0%446.4M-1.29B-44.0M0.6328.73N/AN/A525,310330,6703,079,1603,836,050
2021-08-09$51.97$51.0021.7%6.4%22.7%0.2%23.1%1.7%0.5%41.3M-1.10B-43.3M0.8821.40N/AN/A260,960230,4902,922,5503,606,740
2021-08-10$51.44$51.0022.0%6.4%22.3%0.8%23.2%1.8%0.5%3.4M-448.2M-43.8M0.7037.99N/AN/A344,590240,8103,070,7303,666,240
2021-08-11$51.27$51.0021.4%6.3%21.1%0.0%23.5%1.6%0.6%-36.0M-169.9M-43.7M0.7541.24N/AN/A316,380237,6503,116,7003,724,810
2021-08-12$51.11$51.0021.6%6.2%20.5%0.4%22.7%1.4%0.2%-71.0M48.4M-42.5M0.9343.56N/AN/A272,950253,1603,186,2203,781,430
2021-08-13$51.64$51.0020.9%6.1%19.5%0.0%22.4%1.7%0.7%4.2M-807.8M-43.0M0.7435.51N/AN/A663,440492,3303,269,6003,847,200
2021-08-16$51.76$51.0021.6%6.2%19.5%1.7%22.6%1.4%0.5%41.9M-1.04B-41.7M0.6941.83N/AN/A334,150231,9002,987,9103,667,240
2021-08-17$51.85$51.0023.2%6.6%19.3%5.4%25.4%1.8%0.7%53.6M-1.03B-43.5M0.7138.88N/AN/A327,630231,6303,062,6903,730,890
2021-08-18$52.25$51.0023.5%6.8%11.8%6.4%25.0%2.6%0.3%130.7M-1.63B-43.6M0.6443.19N/AN/A444,230285,6803,146,2703,792,220
2021-08-19$54.39$51.0026.3%7.5%18.2%13.1%28.9%0.7%0.1%251.6M-5.14B-44.6M0.5733.34N/AN/A2,074,0401,180,1303,187,0403,832,040
2021-08-20$54.79$51.0024.1%6.9%18.2%7.6%25.2%0.9%0.6%276.2M-5.91B-43.8M0.5025.90N/AN/A1,272,110634,2903,210,3203,876,330
2021-08-23$55.36$51.0022.9%6.5%18.3%4.7%25.1%1.0%0.4%176.9M-4.73B-43.6M0.3417.35N/AN/A917,600311,9302,702,5703,417,770
2021-08-24$55.32$51.0022.8%6.4%18.4%4.5%23.8%0.6%0.0%212.9M-4.83B-43.5M0.6517.94N/AN/A403,820261,3302,830,7403,498,450
2021-08-25$54.81$51.0022.4%6.2%18.9%3.5%23.2%0.6%0.2%223.1M-4.84B-44.8M0.6318.40N/AN/A415,670262,4003,121,8903,561,130
2021-08-26$54.94$51.0022.4%6.2%18.3%3.6%23.7%0.5%0.3%240.9M-5.04B-44.8M0.5918.31N/AN/A378,800222,3203,217,1803,619,910
2021-08-27$55.97$51.0022.2%6.1%19.1%3.1%22.8%0.3%0.3%509.8M-6.65B-44.7M0.3137.68N/AN/A1,536,250470,4603,275,4203,653,080
2021-08-30$56.66$51.0022.5%6.1%19.1%3.8%22.9%0.6%0.4%266.4M-6.61B-43.1M0.6113.15N/AN/A482,870292,5403,003,5503,434,650
2021-08-31$56.73$51.0022.1%5.9%18.5%2.8%22.0%0.9%0.5%340.4M-6.90B-43.8M0.5615.06N/AN/A395,800221,4003,206,4003,496,860