NFLX Options History — April 2024

In April 2024, NFLX traded between $55.38 and $63.65. ATM implied volatility averaged 40.9%, placing in the 60.8% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 9.0% (HV 20d: 31.9%). Max pain ranged from $56.00 to $58.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.83.

Notable Days

  • 2024-04-19: Highest Volume — 4,943,150 contracts
  • 2024-04-19: Largest IV drop — 35.7% change
  • 2024-04-18: Highest IV Rank — 92.7%
  • 2024-04-03: Largest Expected Move — 16.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.78$55.38$63.65$61.22$55.38
Max Pain$56.93$56.00$58.00$58.00$56.00
ATM IV40.9%27.7%49.8%46.0%28.6%
Expected Move11.8%8.0%16.0%15.2%8.6%
HV 20d31.9%20.1%47.7%22.3%47.3%
HV 60d33.7%32.3%39.4%32.3%34.3%
IV Rank60.8%16.9%92.7%72.3%20.2%
IV Percentile66.2%18.3%98.0%81.0%23.8%
Term Structure-1.9%-3.1%0.1%-2.0%-0.8%
VWIV41.7%28.3%56.2%53.0%30.9%
Skew 25d1.1%0.2%2.3%0.7%1.1%
Skew 10d2.7%0.6%4.5%2.2%2.5%
Call IV 25d40.6%27.5%49.8%44.8%27.9%
Put IV 25d41.7%28.9%51.1%45.5%29.1%
Bid-Ask Spread %27.787.2667.919.6451.99
Gamma HHI0.040.020.160.030.03
Net GEX47.4M-207.9M283.3M38.9M-9.7M
Net DEX-5.18B-8.46B-520.1M-5.95B-2.84B
Net VEX-33.2M-34.4M-31.5M-33.0M-34.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.601.040.890.80
Total Volume1,124,200.455469,4704,943,150606,450488,170
Total OI5,866,866.8185,423,6006,951,0105,423,6005,876,240

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$61.22$58.0046.0%15.2%22.3%72.3%53.0%0.7%-2.0%38.9M-5.95B-33.0M0.899.64N/AN/A320,100286,3502,338,1203,085,480
2024-04-02$61.24$58.0045.6%15.3%22.1%73.4%53.5%0.7%-3.0%63.3M-6.04B-33.2M0.979.66N/AN/A238,130231,3402,422,6203,165,330
2024-04-03$62.85$58.0046.4%16.0%20.1%78.4%56.2%0.9%-3.0%178.8M-7.62B-32.8M0.857.26N/AN/A513,780437,8802,458,6403,225,260
2024-04-04$61.81$56.5047.4%12.5%21.1%82.5%44.3%1.0%-2.5%66.4M-6.43B-33.9M0.809.17N/AN/A644,420512,6902,565,7803,298,980
2024-04-05$63.65$56.5047.4%12.5%22.8%82.6%43.9%0.5%-3.1%283.3M-8.46B-32.3M0.919.43N/AN/A665,670608,2902,602,4703,329,050
2024-04-08$62.94$56.5047.8%12.7%22.9%84.0%44.9%0.7%-3.0%91.1M-7.04B-32.3M0.998.91N/AN/A275,300272,1702,436,0103,096,040
2024-04-09$61.73$56.5046.5%12.7%24.1%79.7%44.5%0.2%-2.2%18.5M-6.00B-33.2M0.739.74N/AN/A286,190207,6302,492,7903,175,330
2024-04-10$61.87$57.0047.4%13.0%23.3%82.5%45.7%2.3%-1.9%39.7M-6.22B-32.4M0.7010.24N/AN/A301,430210,2702,542,0503,193,520
2024-04-11$63.00$57.0046.3%12.8%23.9%78.8%45.2%0.3%-2.4%149.2M-7.30B-32.8M0.6710.23N/AN/A402,990271,1002,586,5303,241,600
2024-04-12$62.24$57.0048.6%13.4%24.4%86.7%46.9%0.6%-2.7%62.0M-6.51B-32.6M0.669.36N/AN/A600,040394,3002,594,7003,266,920
2024-04-15$60.51$57.0048.8%13.8%26.4%87.2%48.0%1.3%-2.2%35.4M-5.40B-32.9M1.0111.55N/AN/A315,620317,3302,374,1803,058,160
2024-04-16$61.86$57.5048.6%13.8%26.4%88.6%48.5%1.4%-2.7%53.9M-6.30B-32.6M0.798.53N/AN/A297,030235,2302,474,9203,179,640
2024-04-17$61.32$57.5048.5%13.9%26.6%88.3%49.0%1.1%-3.0%48.7M-5.96B-32.6M0.829.85N/AN/A328,120269,5202,562,6103,260,650
2024-04-18$61.09$57.5049.8%14.4%26.1%92.7%50.8%1.3%-2.9%45.6M-5.79B-33.3M0.8410.82N/AN/A1,168,480977,3402,640,6903,334,080
2024-04-19$55.47$58.0032.0%9.3%42.7%31.6%33.0%1.3%-0.6%-207.9M-520.1M-31.5M0.9063.96N/AN/A2,607,3302,335,8203,169,2003,781,810
2024-04-22$55.40$57.0030.2%8.8%42.5%25.9%31.2%1.2%-0.9%-36.2M-2.25B-33.1M1.0456.44N/AN/A925,520962,4002,548,9503,094,680
2024-04-23$57.86$56.5029.6%8.3%46.0%23.5%30.0%1.0%-1.1%116.4M-4.70B-33.8M1.0161.18N/AN/A717,250727,2102,735,4003,244,670
2024-04-24$55.56$56.5029.7%8.5%47.7%23.9%29.5%1.7%-1.4%-64.9M-2.48B-34.2M0.9364.64N/AN/A849,590789,6302,799,6103,360,050
2024-04-25$56.37$56.0028.5%8.3%47.6%19.7%29.1%1.3%-0.5%56.4M-3.61B-34.3M0.7267.91N/AN/A604,070437,6502,956,9503,368,990
2024-04-26$56.12$56.0027.7%8.0%47.5%16.9%28.3%1.3%-0.2%16.7M-3.43B-34.4M0.6567.89N/AN/A724,430472,9602,989,9603,443,510
2024-04-29$55.64$56.0028.1%8.5%47.3%18.1%30.2%1.4%0.1%-2.2M-3.02B-34.2M0.6042.76N/AN/A313,530188,1102,551,8703,147,030
2024-04-30$55.38$56.0028.6%8.6%47.3%20.2%30.9%1.1%-0.8%-9.7M-2.84B-34.2M0.8051.99N/AN/A271,920216,2502,653,2303,223,010