NFLX Options History — November 2022

In November 2022, NFLX traded between $25.51 and $30.99. ATM implied volatility averaged 47.2%, placing in the 34.1% IV rank vs the trailing year. The 30-day expected move averaged 13.8%. IV traded below realized volatility by 14.3% (HV 20d: 61.5%). Max pain ranged from $27.00 to $28.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 1.01.

Notable Days

  • 2022-11-14: Highest Volume — 5,585,440 contracts
  • 2022-11-14: Largest IV spike — 6.8% change
  • 2022-11-03: Highest IV Rank — 38.6%
  • 2022-11-09: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.34$25.51$30.99$28.70$30.80
Max Pain$27.55$27.00$28.00$27.00$28.00
ATM IV47.2%43.5%49.6%48.1%43.5%
Expected Move13.8%12.7%14.6%14.3%13.6%
HV 20d61.5%50.8%72.9%70.0%60.9%
HV 60d60.5%58.4%63.2%58.8%63.2%
IV Rank34.1%27.1%38.6%38.0%27.1%
IV Percentile38.8%20.2%52.4%45.2%20.2%
Term Structure-0.1%-1.1%1.5%-0.1%-0.3%
VWIV48.7%45.1%52.0%50.7%49.3%
Skew 25d5.2%3.6%6.3%5.4%3.6%
Skew 10d10.3%7.5%11.8%10.7%7.5%
Call IV 25d45.1%41.6%47.6%45.4%42.5%
Put IV 25d50.3%46.1%53.2%50.9%46.1%
Bid-Ask Spread %2.321.953.512.232.20
Gamma HHI0.060.030.190.030.06
Net GEX20.1M-113.4M183.6M10.1M127.0M
Net DEX-1.97B-6.43B1.61B-2.18B-5.13B
Net VEX-42.9M-45.7M-39.2M-45.0M-44.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.010.481.541.331.29
Total Volume2,759,482.3811,026,2105,585,4401,755,5504,575,930
Total OI13,354,382.85711,950,45015,122,32013,233,92012,666,920

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$28.70$27.0048.1%14.3%70.0%38.0%50.7%5.4%-0.1%10.1M-2.18B-45.0M1.332.23N/AN/A753,5701,001,9806,068,4907,165,430
2022-11-02$27.43$27.0048.2%14.5%72.6%38.2%50.2%5.6%0.0%-53.8M-352.5M-43.1M1.382.67N/AN/A1,159,0701,605,2006,153,3507,231,920
2022-11-03$27.08$28.0048.4%14.1%72.9%38.6%49.0%5.7%0.2%-63.4M40.4M-42.8M1.172.28N/AN/A961,5401,125,4706,362,0507,300,370
2022-11-04$26.04$28.0048.7%14.2%70.3%36.2%50.9%5.2%0.2%-113.4M1.61B-40.8M1.322.07N/AN/A1,695,7702,246,7306,500,4807,389,970
2022-11-07$25.92$27.0049.1%14.3%70.1%37.0%49.6%6.0%0.8%-32.2M874.5M-39.9M1.071.97N/AN/A961,6001,024,9006,101,9806,850,970
2022-11-08$26.49$27.0048.9%14.3%63.6%36.5%48.8%5.8%1.1%-1.6M-56.2M-41.2M1.322.59N/AN/A1,115,2801,470,4206,310,8306,984,450
2022-11-09$25.51$27.0049.6%14.6%65.4%37.9%52.0%6.3%1.3%-38.4M1.31B-39.2M1.542.14N/AN/A747,5201,152,2106,505,4207,060,930
2022-11-10$27.42$27.0047.4%13.9%67.7%34.0%49.5%5.3%1.5%72.8M-1.69B-42.2M0.812.67N/AN/A1,646,5101,326,2206,616,8707,131,940
2022-11-11$28.96$27.0045.9%13.5%69.4%31.4%48.1%4.5%1.4%183.6M-4.43B-43.8M0.692.14N/AN/A1,994,5501,385,8506,715,0107,251,560
2022-11-14$30.18$27.0049.0%14.1%67.6%36.8%49.8%4.4%-0.7%101.4M-5.35B-44.2M0.482.48N/AN/A3,776,2101,809,2306,242,7406,881,290
2022-11-15$30.99$27.5048.6%14.0%66.8%36.1%49.7%5.3%-0.7%118.1M-6.43B-45.5M0.782.28N/AN/A1,978,7501,539,3406,819,9507,294,580
2022-11-16$30.52$27.5048.7%14.0%56.2%36.2%49.0%4.6%-0.6%90.2M-5.50B-45.7M1.142.43N/AN/A1,427,0401,627,5306,970,2007,564,090
2022-11-17$29.50$27.5048.6%14.0%57.8%36.0%49.1%4.5%-0.6%9.5M-3.54B-44.9M0.932.28N/AN/A1,763,1401,635,7507,123,7807,734,350
2022-11-18$28.85$28.0047.2%13.6%52.4%33.7%48.8%4.8%-0.4%-28.3M-2.21B-44.0M0.881.95N/AN/A1,648,2301,449,8907,320,9107,801,410
2022-11-21$28.42$28.0047.3%13.6%52.4%33.8%48.0%5.6%-1.0%1.3M-1.26B-42.7M0.652.46N/AN/A1,446,020934,5105,820,9706,129,480
2022-11-22$28.64$28.0046.2%13.2%51.1%31.8%46.5%5.3%-1.0%29.2M-1.58B-42.9M1.381.95N/AN/A1,056,5801,454,4506,079,1206,242,180
2022-11-23$29.13$28.0044.6%12.7%50.8%29.0%45.3%5.2%-1.1%80.9M-2.35B-43.5M1.043.51N/AN/A1,386,4901,435,3206,237,2806,392,140
2022-11-25$28.50$28.0044.4%12.9%51.3%28.7%45.1%5.4%-0.9%-61.8M-1.29B-42.5M0.541.96N/AN/A664,690361,5206,437,4906,551,410
2022-11-28$28.11$28.0045.0%13.4%51.2%29.7%46.8%5.7%-0.1%-3.2M-918.1M-41.2M0.732.06N/AN/A779,900568,0905,809,2206,193,150
2022-11-29$28.04$28.0044.2%13.4%51.1%28.4%46.7%5.4%-0.1%-5.9M-840.4M-41.6M0.732.36N/AN/A726,820529,3106,037,3206,390,040
2022-11-30$30.80$28.0043.5%13.6%60.9%27.1%49.3%3.6%-0.3%127.0M-5.13B-44.3M1.292.20N/AN/A2,000,5102,575,4206,199,6406,467,280