NFLX Options History — November 2024

In November 2024, NFLX traded between $75.68 and $89.77. ATM implied volatility averaged 24.0%, placing in the 8.9% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded below realized volatility by 8.3% (HV 20d: 32.3%). Max pain ranged from $70.00 to $77.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.79.

Notable Days

  • 2024-11-21: Highest Volume — 1,959,780 contracts
  • 2024-11-06: Largest IV drop — 9.1% change
  • 2024-11-20: Highest IV Rank — 22.7%
  • 2024-11-20: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$83.34$75.68$89.77$75.73$89.00
Max Pain$73.38$70.00$77.00$70.50$77.00
ATM IV24.0%21.1%27.6%24.9%24.5%
Expected Move7.0%6.3%7.9%7.5%7.2%
HV 20d32.3%19.7%44.2%44.2%24.9%
HV 60d31.3%30.7%32.5%30.9%31.5%
IV Rank8.9%0.0%22.7%6.9%11.9%
IV Percentile11.8%0.0%42.5%14.3%11.1%
Term Structure0.2%-0.9%0.7%0.6%-0.2%
VWIV25.3%22.7%28.7%25.9%26.0%
Skew 25d0.7%-0.3%2.8%2.4%-0.3%
Skew 10d2.2%0.2%4.9%4.9%0.2%
Call IV 25d24.1%20.6%28.4%23.7%25.2%
Put IV 25d24.8%21.7%28.3%26.1%24.9%
Bid-Ask Spread %44.7221.2061.5761.5727.53
Gamma HHI0.080.030.270.060.27
Net GEX286.3M56.4M592.6M222.3M592.6M
Net DEX-11.59B-15.40B-7.06B-7.45B-14.15B
Net VEX-32.5M-35.2M-29.7M-34.1M-34.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.601.141.140.60
Total Volume1,174,218444,8401,959,7801,054,700865,630
Total OI5,700,4465,102,6206,387,6005,605,5606,387,470

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$75.73$70.5024.9%7.5%44.2%6.9%25.9%2.4%0.6%222.3M-7.45B-34.1M1.1461.57N/AN/A492,900561,8002,401,4503,204,110
2024-11-04$75.68$70.0025.3%7.4%42.6%8.3%26.2%2.8%0.4%139.1M-7.06B-33.4M0.8149.91N/AN/A246,210198,6302,151,1802,951,440
2024-11-05$76.37$70.0024.8%7.2%41.1%6.5%25.6%2.2%0.4%207.9M-7.78B-33.2M0.7850.62N/AN/A315,480247,1702,221,3803,010,770
2024-11-06$78.13$70.0022.6%6.7%41.7%0.0%23.9%1.9%-0.0%374.6M-9.76B-32.3M0.7253.38N/AN/A433,670313,0802,283,8203,080,430
2024-11-07$79.74$70.5022.0%6.6%42.1%0.0%23.6%0.8%0.5%426.7M-11.47B-31.0M0.6552.53N/AN/A658,230425,5802,312,9103,147,480
2024-11-08$79.36$71.0021.1%6.3%41.9%0.0%22.7%1.1%0.5%269.2M-10.64B-31.3M0.8757.34N/AN/A439,670382,0102,341,9003,261,810
2024-11-11$80.37$71.0022.2%6.5%41.4%3.9%23.7%0.7%0.6%304.2M-10.56B-30.8M0.8555.53N/AN/A386,340329,6002,193,5503,046,100
2024-11-12$81.94$71.5022.3%6.6%41.1%4.2%23.7%0.5%0.7%354.6M-12.01B-29.7M0.7250.81N/AN/A604,990433,7502,264,6603,145,670
2024-11-13$83.44$72.5022.9%6.7%41.0%6.2%24.1%0.2%0.4%359.1M-13.13B-30.6M0.7743.41N/AN/A735,880563,0702,344,3703,285,500
2024-11-14$83.56$73.5022.6%6.6%39.9%5.2%24.1%-0.2%0.7%392.9M-13.14B-30.9M0.6148.82N/AN/A779,740475,4702,444,1703,433,770
2024-11-15$82.06$74.0023.0%6.7%19.7%6.7%24.4%1.0%0.6%147.5M-11.03B-32.5M1.0651.04N/AN/A662,160703,2502,610,1603,549,030
2024-11-18$84.74$74.0024.6%7.1%22.1%12.3%25.3%0.5%-0.5%239.1M-11.31B-30.6M0.8847.57N/AN/A782,120689,0202,086,0003,055,750
2024-11-19$87.26$75.0025.3%7.3%23.2%14.8%26.4%0.4%-0.2%304.9M-13.34B-31.1M0.7642.55N/AN/A1,102,040834,7002,241,1103,266,010
2024-11-20$88.33$75.0027.6%7.9%21.0%22.7%28.4%0.2%-0.3%305.5M-14.02B-32.3M0.7052.98N/AN/A1,072,460750,9102,364,1603,461,820
2024-11-21$89.77$75.5027.4%7.9%21.2%22.1%28.7%-0.2%-0.9%427.6M-15.40B-33.3M0.7751.34N/AN/A1,104,910854,8702,523,7603,571,110
2024-11-22$89.77$76.0026.1%7.5%21.3%17.5%27.5%-0.3%-0.6%277.4M-15.03B-34.0M0.8221.20N/AN/A748,480615,7502,635,9903,751,610
2024-11-25$86.75$76.5024.4%7.1%25.7%11.5%26.1%-0.1%0.5%56.4M-10.81B-35.0M0.8025.89N/AN/A781,680626,0002,401,2203,328,040
2024-11-26$87.11$77.0023.5%6.9%25.5%8.3%25.0%0.1%0.1%134.4M-11.46B-35.2M0.6125.73N/AN/A628,530384,7902,614,7103,427,940
2024-11-27$87.79$77.0023.6%7.0%24.8%8.6%25.7%-0.1%0.4%190.4M-12.23B-34.8M0.8324.60N/AN/A683,450570,3402,715,9503,490,610
2024-11-29$89.00$77.0024.5%7.2%24.9%11.9%26.0%-0.3%-0.2%592.6M-14.15B-34.7M0.6027.53N/AN/A540,250325,3802,830,6503,556,820