NFLX Options History — September 2021

In September 2021, NFLX traded between $57.26 and $61.14. ATM implied volatility averaged 30.9%, placing in the 24.5% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 8.1% (HV 20d: 22.7%). Max pain ranged from $50.00 to $53.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2021-09-02: Highest Volume — 3,488,250 contracts
  • 2021-09-20: Largest IV spike — 34.3% change
  • 2021-09-30: Highest IV Rank — 49.4%
  • 2021-09-30: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.13$57.26$61.14$58.41$61.14
Max Pain$51.76$50.00$53.00$51.00$53.00
ATM IV30.9%23.1%40.7%23.6%40.7%
Expected Move7.6%6.8%9.1%6.8%9.1%
HV 20d22.7%19.2%26.7%20.2%25.2%
HV 60d21.7%20.8%22.9%21.0%22.9%
IV Rank24.5%5.3%49.4%6.5%49.4%
IV Percentile39.2%9.1%77.4%13.9%77.4%
Term Structure1.8%-2.1%10.1%0.4%-2.1%
VWIV27.9%24.6%33.8%24.6%32.8%
Skew 25d2.8%-0.5%5.9%-0.5%4.8%
Skew 10d7.1%0.9%12.6%0.9%10.5%
Call IV 25d30.4%23.2%39.4%25.4%39.4%
Put IV 25d33.2%24.5%44.2%24.9%44.2%
Bid-Ask Spread %34.1918.7848.7335.5744.25
Gamma HHI0.090.040.360.070.07
Net GEX291.8M96.6M790.1M394.0M359.7M
Net DEX-7.20B-10.26B-3.65B-9.13B-8.26B
Net VEX-44.2M-45.4M-43.2M-43.3M-44.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.260.890.260.42
Total Volume1,504,635.238488,5803,488,2503,290,5602,379,960
Total OI6,817,7805,883,6507,658,1306,890,4606,536,450

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$58.41$51.0023.6%6.8%20.2%6.5%24.6%-0.5%0.4%394.0M-9.13B-43.3M0.2635.57N/AN/A2,618,520672,0403,314,6003,575,860
2021-09-02$58.91$50.0024.1%7.4%20.0%7.6%26.6%0.3%0.2%430.6M-9.79B-44.3M0.3724.28N/AN/A2,546,040942,2103,394,7903,645,140
2021-09-03$59.01$51.0023.1%7.2%19.2%5.3%26.3%0.8%0.5%790.1M-9.57B-44.7M0.8028.67N/AN/A1,121,500900,6803,569,4703,833,270
2021-09-07$60.70$51.0025.6%7.8%20.6%11.3%28.1%0.6%1.6%330.1M-10.18B-43.6M0.5229.24N/AN/A1,371,300714,8103,283,6603,658,110
2021-09-08$60.58$51.0026.2%7.9%19.8%12.9%28.7%1.1%1.6%375.6M-10.26B-44.0M0.5333.64N/AN/A1,383,050731,8103,379,8203,717,970
2021-09-09$59.94$51.0025.3%7.6%20.5%10.8%27.4%1.3%1.6%299.9M-9.13B-43.8M0.8934.49N/AN/A567,240507,1503,533,7103,904,990
2021-09-10$59.94$51.5026.8%7.9%20.4%14.3%28.8%1.8%1.1%462.7M-8.92B-45.4M0.5034.02N/AN/A1,302,720647,7503,685,0003,973,130
2021-09-13$58.80$52.0026.6%7.7%22.5%13.9%28.4%2.8%8.1%198.6M-7.15B-44.6M0.7133.93N/AN/A627,120446,7203,356,0903,735,380
2021-09-14$57.72$52.0026.4%7.6%24.2%13.4%27.2%2.9%9.1%156.8M-5.77B-44.5M0.7737.24N/AN/A496,550384,6603,418,9103,811,810
2021-09-15$58.43$52.0024.6%7.0%24.2%8.9%26.3%2.3%9.3%193.2M-6.63B-43.9M0.4636.33N/AN/A693,650319,5503,449,1803,899,190
2021-09-16$58.60$52.0025.7%6.8%24.2%11.5%25.1%2.8%10.1%275.2M-6.97B-43.8M0.5523.69N/AN/A435,880239,5603,519,1103,955,760
2021-09-17$58.77$52.0028.2%7.0%20.5%17.7%25.9%2.9%9.9%257.4M-7.20B-43.8M0.5918.78N/AN/A592,090348,3203,561,9804,046,690
2021-09-20$57.26$52.0037.9%8.9%23.0%41.3%33.8%5.7%-1.7%109.0M-3.65B-44.8M0.8432.02N/AN/A466,570393,0602,680,7103,202,940
2021-09-21$57.50$52.0037.0%8.1%22.9%39.2%29.1%5.9%-1.4%96.6M-3.70B-45.1M0.6739.52N/AN/A292,620195,9602,728,4103,289,340
2021-09-22$59.35$52.0037.8%7.7%25.1%41.3%28.0%4.5%-1.6%204.1M-5.72B-44.9M0.4026.94N/AN/A941,250375,6402,781,1003,378,260
2021-09-23$59.46$52.5036.4%6.9%24.7%37.7%27.0%4.0%-1.6%275.0M-6.08B-43.5M0.4128.51N/AN/A802,560325,1002,829,9803,432,360
2021-09-24$59.21$52.5036.0%7.0%24.9%37.2%24.6%3.5%-1.8%279.8M-5.88B-43.2M0.5940.57N/AN/A573,600338,3302,977,7603,501,520
2021-09-27$59.23$52.0036.8%7.2%24.2%39.5%26.0%2.5%-2.0%202.9M-5.52B-43.8M0.5142.37N/AN/A458,580233,0702,790,1503,254,570
2021-09-28$58.45$52.0039.7%8.4%24.6%46.7%30.3%4.9%-1.8%162.4M-4.72B-44.3M0.3745.20N/AN/A866,930321,5602,863,1403,329,090
2021-09-29$60.26$52.5040.5%8.5%26.7%48.9%30.1%4.6%-1.3%274.4M-6.89B-44.4M0.4848.73N/AN/A1,364,160657,4702,967,8303,406,150
2021-09-30$61.14$53.0040.7%9.1%25.2%49.4%32.8%4.8%-2.1%359.7M-8.26B-44.8M0.4244.25N/AN/A1,674,020705,9403,081,4303,455,020