NFLX Options History — November 2021

In November 2021, NFLX traded between $64.10 and $69.33. ATM implied volatility averaged 29.4%, placing in the 29.9% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded below realized volatility by 0.2% (HV 20d: 29.6%). Max pain ranged from $60.00 to $63.50. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.67.

Notable Days

  • 2021-11-12: Highest Volume — 2,055,750 contracts
  • 2021-11-30: Largest IV spike — 12.8% change
  • 2021-11-26: Highest IV Rank — 47.0%
  • 2021-11-30: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$66.80$64.10$69.33$67.93$64.10
Max Pain$62.19$60.00$63.50$63.00$63.50
ATM IV29.4%25.4%34.2%25.9%34.2%
Expected Move8.5%7.4%10.3%7.6%10.3%
HV 20d29.6%24.2%32.9%30.8%30.4%
HV 60d27.7%25.7%29.3%25.7%29.3%
IV Rank29.9%15.9%47.0%17.7%46.9%
IV Percentile38.7%23.0%49.6%27.0%49.2%
Term Structure-0.1%-0.6%0.4%0.1%-0.5%
VWIV30.3%26.8%35.8%27.5%35.8%
Skew 25d0.7%-0.2%1.9%0.9%1.9%
Skew 10d1.5%0.0%4.4%1.7%4.4%
Call IV 25d29.7%26.0%34.5%26.5%33.7%
Put IV 25d30.4%27.1%35.6%27.4%35.6%
Bid-Ask Spread %39.7320.5247.9542.4946.65
Gamma HHI0.060.030.210.060.03
Net GEX151.2M-95.1M430.5M207.1M-14.9M
Net DEX-6.59B-9.55B-3.40B-8.16B-3.40B
Net VEX-40.5M-42.5M-38.6M-39.6M-39.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.351.180.921.00
Total Volume1,141,976.667645,4202,055,750894,2001,087,430
Total OI6,487,724.7625,837,5406,986,0606,210,6105,973,060

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$67.93$63.0025.9%7.6%30.8%17.7%27.5%0.9%0.1%207.1M-8.16B-39.6M0.9242.49N/AN/A464,950429,2502,638,9103,571,700
2021-11-02$67.77$63.0026.5%7.8%24.2%19.8%28.2%0.5%0.2%200.3M-7.93B-40.3M0.3620.52N/AN/A1,064,310380,3502,725,0403,635,120
2021-11-03$68.92$63.0025.4%7.4%24.6%15.9%26.8%1.1%0.3%359.0M-9.32B-39.9M0.3922.40N/AN/A720,800278,0102,874,7403,712,450
2021-11-04$66.89$60.0028.5%8.2%27.2%26.7%29.2%1.1%0.2%120.8M-6.96B-41.5M0.4436.76N/AN/A1,192,610529,9702,945,1403,723,600
2021-11-05$64.59$60.0028.8%8.2%30.3%28.0%28.9%0.9%0.1%-95.1M-3.95B-42.2M0.8037.63N/AN/A1,128,310898,7303,113,5003,827,080
2021-11-08$65.11$61.5028.8%8.2%30.3%27.9%29.2%1.4%-0.6%82.2M-5.22B-41.6M0.5739.13N/AN/A812,590462,5702,818,7203,698,690
2021-11-09$65.64$61.5029.0%8.2%30.2%28.6%29.2%0.1%-0.3%143.5M-5.95B-42.5M0.5040.57N/AN/A622,920311,6702,969,8703,806,360
2021-11-10$64.61$61.5028.8%8.3%30.9%27.7%29.3%1.5%-0.0%14.5M-4.39B-42.4M0.8037.71N/AN/A494,120395,6302,972,7203,833,930
2021-11-11$65.96$61.5028.9%8.3%31.5%28.1%30.0%0.5%-0.0%157.3M-6.20B-41.2M0.6441.66N/AN/A705,030448,0202,989,3903,885,030
2021-11-12$68.13$62.0028.2%8.2%32.9%25.6%29.0%0.3%0.4%430.5M-9.15B-39.4M0.6032.54N/AN/A1,287,520768,2303,036,9503,949,110
2021-11-15$68.03$62.0029.3%8.4%32.7%29.5%29.7%-0.2%-0.1%218.1M-8.12B-38.9M0.5538.69N/AN/A672,210369,6502,713,7003,735,420
2021-11-16$68.82$62.0028.8%8.3%32.8%27.8%29.4%0.2%-0.1%285.3M-9.00B-38.8M0.5444.29N/AN/A553,050297,1602,801,9503,792,800
2021-11-17$69.33$62.0029.3%8.4%31.3%29.4%29.9%0.2%-0.2%342.0M-9.55B-38.6M0.3540.05N/AN/A1,043,680366,0902,850,4203,828,820
2021-11-18$68.24$62.0029.7%8.5%28.6%31.0%30.4%0.2%0.2%254.9M-8.19B-39.3M0.6341.37N/AN/A593,340370,9002,941,0203,872,050
2021-11-19$67.75$62.0029.6%8.5%28.3%30.5%30.0%0.5%-0.0%132.8M-7.44B-41.0M0.5243.45N/AN/A884,300455,6002,961,2203,919,450
2021-11-22$66.28$62.5030.5%8.7%29.0%33.7%31.3%0.2%0.4%65.3M-5.16B-40.5M0.8245.15N/AN/A494,140406,9302,416,5203,422,800
2021-11-23$65.37$63.0031.6%9.1%29.3%37.8%32.5%0.1%-0.1%18.6M-4.32B-40.7M1.1844.66N/AN/A361,530428,0402,532,1203,505,010
2021-11-24$65.84$63.0031.2%9.0%29.3%36.2%31.9%0.8%-0.5%37.2M-4.73B-40.9M0.7447.00N/AN/A423,010314,3502,583,5303,584,470
2021-11-26$67.04$63.5034.2%10.0%29.6%47.0%35.8%1.1%-0.6%134.0M-5.88B-42.0M0.7147.95N/AN/A479,830339,2602,614,9803,627,290
2021-11-29$66.43$63.5030.3%9.0%28.3%33.2%32.0%0.6%-0.3%81.9M-5.33B-39.7M0.9643.74N/AN/A329,140316,2802,384,8703,452,670
2021-11-30$64.10$63.5034.2%10.3%30.4%46.9%35.8%1.9%-0.5%-14.9M-3.40B-39.8M1.0046.65N/AN/A544,430543,0002,455,1503,517,910