NFLX Options History — June 2022

In June 2022, NFLX traded between $16.70 and $20.44. ATM implied volatility averaged 64.5%, placing in the 81.7% IV rank vs the trailing year. The 30-day expected move averaged 16.2%. IV traded above realized volatility by 2.4% (HV 20d: 62.1%). Max pain ranged from $18.00 to $21.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.00.

Notable Days

2022-06-10: Highest Volume — 1,938,970 contracts
2022-06-13: Largest IV spike — 19.8% change
2022-06-21: Highest IV Rank — 100.0%
2022-06-13: Largest Expected Move — 19.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.47	$16.70	$20.44	$19.31	$17.48
Max Pain	$19.54	$18.00	$21.00	$21.00	$18.00
ATM IV	64.5%	48.9%	79.8%	53.4%	79.8%
Expected Move	16.2%	14.2%	19.1%	16.3%	16.3%
HV 20d	62.1%	56.3%	68.7%	65.9%	64.7%
HV 60d	108.3%	107.1%	109.7%	107.4%	108.7%
IV Rank	81.7%	56.0%	100.0%	65.0%	100.0%
IV Percentile	92.8%	78.2%	100.0%	85.7%	100.0%
Term Structure	1.7%	-4.5%	15.8%	-1.3%	-4.5%
VWIV	57.1%	50.2%	66.3%	58.1%	57.7%
Skew 25d	8.2%	5.5%	11.0%	6.7%	9.3%
Skew 10d	15.7%	10.6%	20.4%	12.9%	17.1%
Call IV 25d	60.9%	46.5%	76.5%	51.3%	76.5%
Put IV 25d	69.1%	53.0%	85.8%	58.1%	85.8%
Bid-Ask Spread %	3.64	1.71	8.39	1.71	2.79
Gamma HHI	0.05	0.03	0.18	0.04	0.04
Net GEX	-1.4M	-27.6M	47.7M	14.3M	-23.8M
Net DEX	2.68B	1.44B	3.98B	2.66B	2.58B
Net VEX	-21.8M	-25.1M	-18.5M	-22.9M	-20.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.00	0.67	1.44	0.67	1.15
Total Volume	1,389,047.143	827,680	1,938,970	1,516,440	1,259,780
Total OI	10,197,190	8,345,710	11,301,250	10,558,560	9,585,820

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-06-01	$19.31	$21.00	53.4%	16.3%	65.9%	65.0%	58.1%	6.7%	-1.3%	14.3M	2.66B	-22.9M	0.67	1.71	N/A	N/A	907,780	608,660	5,918,610	4,639,950
2022-06-02	$20.44	$21.00	51.8%	14.6%	68.7%	61.7%	51.8%	7.1%	-1.2%	47.7M	1.75B	-25.1M	0.69	5.25	N/A	N/A	1,045,000	724,950	6,072,070	4,753,360
2022-06-03	$19.85	$20.50	51.9%	14.8%	62.7%	62.0%	52.7%	6.7%	-1.1%	14.5M	2.31B	-24.3M	0.87	4.05	N/A	N/A	781,070	680,150	6,147,670	4,849,310
2022-06-06	$19.64	$20.50	51.4%	14.9%	61.3%	61.0%	51.8%	7.0%	0.7%	9.7M	2.60B	-23.6M	0.94	3.98	N/A	N/A	569,110	534,370	5,795,870	4,617,460
2022-06-07	$19.91	$20.50	48.9%	14.2%	58.9%	56.0%	50.2%	6.5%	0.8%	15.1M	2.44B	-23.7M	1.08	6.07	N/A	N/A	397,470	430,210	5,917,690	4,685,630
2022-06-08	$20.23	$20.50	49.9%	14.6%	58.8%	58.0%	51.0%	6.0%	0.9%	25.3M	2.13B	-24.4M	0.94	2.68	N/A	N/A	820,950	774,640	5,968,500	4,733,610
2022-06-09	$19.32	$20.50	53.4%	15.4%	56.3%	64.9%	54.6%	5.5%	0.4%	-1.5M	2.85B	-23.3M	0.99	3.24	N/A	N/A	592,260	588,920	6,070,560	4,858,880
2022-06-10	$18.37	$20.00	55.5%	16.1%	58.5%	69.2%	59.4%	6.8%	0.7%	-18.2M	3.58B	-21.6M	1.17	3.67	N/A	N/A	893,990	1,044,980	6,186,420	4,951,780
2022-06-13	$17.01	$20.00	66.6%	19.1%	57.6%	91.3%	66.3%	11.0%	7.6%	-27.6M	3.98B	-19.3M	1.04	5.87	N/A	N/A	597,550	618,720	5,910,640	4,816,430
2022-06-14	$16.70	$20.00	64.8%	18.6%	57.8%	87.7%	64.0%	10.2%	12.2%	-27.3M	3.95B	-18.5M	1.13	6.60	N/A	N/A	560,280	635,620	6,058,730	4,811,280
2022-06-15	$18.13	$20.00	58.6%	16.8%	65.1%	75.3%	59.5%	7.6%	15.7%	-10.2M	3.18B	-21.1M	0.94	8.39	N/A	N/A	779,060	735,400	6,134,910	4,876,600
2022-06-16	$17.32	$20.00	65.0%	17.8%	62.4%	88.1%	62.8%	9.2%	14.7%	-23.9M	3.61B	-19.7M	1.43	3.70	N/A	N/A	499,720	714,780	6,213,480	4,910,250
2022-06-17	$17.47	$19.50	63.3%	16.5%	60.7%	84.8%	57.9%	8.3%	15.8%	-26.7M	3.62B	-19.4M	0.99	2.58	N/A	N/A	798,710	786,820	6,302,270	4,998,980
2022-06-21	$17.09	$19.00	74.1%	16.7%	61.1%	100.0%	59.5%	10.5%	-3.4%	-17.6M	2.73B	-18.8M	0.97	2.13	N/A	N/A	791,260	770,300	4,394,760	3,950,950
2022-06-22	$17.84	$18.00	77.1%	16.6%	63.3%	100.0%	58.2%	9.4%	-3.2%	-4.4M	2.29B	-20.6M	0.82	2.15	N/A	N/A	973,770	795,320	4,650,840	4,244,580
2022-06-23	$18.12	$18.00	78.6%	16.4%	62.8%	100.0%	57.8%	8.9%	-3.8%	672.2K	2.14B	-21.3M	0.99	2.78	N/A	N/A	665,640	661,850	4,814,580	4,404,640
2022-06-24	$19.00	$18.00	76.5%	15.6%	64.0%	96.3%	55.1%	8.8%	-3.9%	47.0M	1.44B	-23.0M	0.77	2.15	N/A	N/A	980,300	756,780	4,928,330	4,482,160
2022-06-27	$18.88	$18.50	76.7%	15.5%	63.5%	96.6%	56.4%	9.2%	-3.9%	5.3M	1.74B	-22.8M	1.12	2.32	N/A	N/A	521,220	581,490	4,723,720	4,214,960
2022-06-28	$18.00	$18.50	77.8%	16.2%	65.2%	98.6%	56.4%	9.1%	-4.0%	-11.7M	2.27B	-21.4M	0.93	2.13	N/A	N/A	571,930	530,850	4,811,110	4,356,360
2022-06-29	$17.81	$18.25	79.5%	16.5%	64.8%	100.0%	58.1%	8.7%	-4.4%	-15.6M	2.36B	-21.4M	1.44	2.26	N/A	N/A	487,550	700,780	4,938,190	4,439,050
2022-06-30	$17.48	$18.00	79.8%	16.3%	64.7%	100.0%	57.7%	9.3%	-4.5%	-23.8M	2.58B	-20.7M	1.15	2.79	N/A	N/A	585,460	674,320	5,018,420	4,567,400