NFLX Options History — March 2024

In March 2024, NFLX traded between $59.48 and $62.99. ATM implied volatility averaged 36.5%, placing in the 40.2% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded above realized volatility by 8.4% (HV 20d: 28.1%). Max pain ranged from $49.50 to $58.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.75.

Notable Days

  • 2024-03-01: Highest Volume — 1,657,780 contracts
  • 2024-03-18: Largest IV spike — 19.5% change
  • 2024-03-28: Highest IV Rank — 69.5%
  • 2024-03-26: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$61.42$59.48$62.99$62.00$60.66
Max Pain$56.60$49.50$58.00$49.50$58.00
ATM IV36.5%28.0%46.1%28.0%45.1%
Expected Move11.9%8.1%13.8%8.1%13.6%
HV 20d28.1%23.5%31.8%28.4%25.4%
HV 60d33.9%33.2%34.8%34.4%33.8%
IV Rank40.2%14.5%69.5%14.5%69.5%
IV Percentile49.4%19.4%81.0%19.4%76.6%
Term Structure1.8%-2.8%14.2%-0.1%-2.5%
VWIV42.3%28.8%48.6%28.8%47.8%
Skew 25d0.1%-0.5%0.8%-0.3%0.5%
Skew 10d1.0%-0.3%1.9%0.6%1.6%
Call IV 25d36.8%28.6%46.6%28.6%45.6%
Put IV 25d36.9%28.3%46.5%28.3%46.2%
Bid-Ask Spread %25.514.0862.054.0812.12
Gamma HHI0.070.030.360.360.10
Net GEX130.7M-104.8M424.7M424.7M-104.8M
Net DEX-7.86B-10.81B-4.96B-10.81B-4.96B
Net VEX-33.4M-34.2M-31.5M-31.5M-33.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.520.930.770.78
Total Volume932,450587,1201,657,7801,657,7801,379,350
Total OI6,125,6945,202,1706,861,2506,569,3805,873,410

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$62.00$49.5028.0%8.1%28.4%14.5%28.8%-0.3%-0.1%424.7M-10.81B-31.5M0.774.08N/AN/A937,660720,1202,853,5103,715,870
2024-03-04$61.56$54.5028.9%10.7%28.6%17.4%39.3%-0.0%0.2%140.1M-9.25B-32.2M0.699.88N/AN/A560,010389,2102,640,4003,525,110
2024-03-05$59.48$56.0029.2%10.8%31.7%18.3%38.6%0.3%0.1%50.6M-7.33B-34.2M0.788.70N/AN/A481,460373,7602,766,5703,632,880
2024-03-06$60.02$56.0029.0%10.8%31.1%17.6%38.0%0.3%0.2%81.7M-7.90B-33.9M0.738.40N/AN/A383,370280,5402,798,9303,683,620
2024-03-07$60.96$56.5029.0%10.9%31.3%17.7%38.7%-0.2%0.2%161.8M-8.97B-33.6M0.648.40N/AN/A477,390303,4602,849,3403,745,720
2024-03-08$60.38$56.5028.8%10.8%31.5%17.1%38.3%-0.0%0.2%92.8M-8.38B-33.4M0.749.44N/AN/A612,270452,6902,923,1403,791,030
2024-03-11$60.19$56.5029.7%11.2%31.6%19.6%39.3%0.1%9.6%70.3M-7.87B-33.7M0.868.22N/AN/A357,730306,1802,658,1903,558,950
2024-03-12$61.28$57.0029.3%11.2%31.8%18.7%39.5%-0.2%9.7%138.0M-8.97B-33.2M0.638.61N/AN/A633,040399,3602,720,7303,690,530
2024-03-13$60.85$57.0029.3%11.2%31.8%18.6%39.8%-0.5%9.8%139.5M-8.70B-33.8M0.648.84N/AN/A357,590229,5302,878,8203,767,270
2024-03-14$61.05$57.0031.4%11.3%27.8%25.0%40.2%-0.4%9.9%160.1M-8.87B-33.9M0.628.17N/AN/A666,600410,6502,928,2703,796,000
2024-03-15$60.72$57.0035.0%12.6%27.1%35.5%43.9%-0.3%14.2%110.9M-8.40B-34.1M0.5262.05N/AN/A876,080454,8002,984,5203,876,730
2024-03-18$62.10$57.5041.8%12.9%27.5%56.0%45.7%0.6%-1.9%132.6M-6.98B-33.0M0.8848.35N/AN/A644,010564,9102,266,1402,936,030
2024-03-19$62.02$57.5043.4%12.9%26.5%60.6%45.5%0.8%-1.4%125.8M-6.87B-34.0M0.8548.27N/AN/A330,810282,1802,396,6803,076,800
2024-03-20$62.79$57.5044.8%12.8%26.6%64.7%46.0%0.3%-1.0%205.3M-7.64B-33.7M0.8251.33N/AN/A430,480355,0902,480,3803,146,390
2024-03-21$62.37$57.5044.4%12.8%25.3%63.6%45.1%0.0%-1.4%196.9M-7.29B-33.9M0.8047.40N/AN/A407,240325,7902,559,2403,193,100
2024-03-22$62.73$57.5044.6%12.9%24.9%64.2%45.6%0.0%-1.4%211.8M-7.67B-32.7M0.8544.18N/AN/A473,730401,0602,633,0303,256,810
2024-03-25$62.88$57.5045.8%13.5%24.8%67.8%47.9%0.3%-2.8%171.2M-7.31B-33.2M0.9349.90N/AN/A306,750285,6502,441,4203,033,580
2024-03-26$62.99$57.5046.0%13.8%23.5%68.4%48.5%0.7%-2.4%188.9M-7.36B-33.1M0.8449.17N/AN/A426,110357,7202,511,2003,116,850
2024-03-27$61.33$58.0046.1%13.7%25.1%69.1%48.6%-0.1%-2.6%-84.2M-5.62B-33.7M0.5614.59N/AN/A650,630363,9902,596,8103,209,880
2024-03-28$60.66$58.0045.1%13.6%25.4%69.5%47.8%0.5%-2.5%-104.8M-4.96B-33.0M0.7812.12N/AN/A773,450605,9002,620,8103,252,600