NFLX Options History — June 2025

In June 2025, NFLX traded between $119.99 and $133.70. ATM implied volatility averaged 34.7%, placing in the 27.0% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 13.1% (HV 20d: 21.6%). Max pain ranged from $100.00 to $119.50. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.94.

Notable Days

2025-06-27: Highest Volume — 1,889,980 contracts
2025-06-16: Largest IV spike — 18.1% change
2025-06-27: Highest IV Rank — 44.2%
2025-06-30: Largest Expected Move — 14.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$124.58	$119.99	$133.70	$121.71	$133.70
Max Pain	$112.45	$100.00	$119.50	$100.00	$119.50
ATM IV	34.7%	25.0%	43.4%	26.9%	43.4%
Expected Move	11.5%	7.0%	14.3%	7.5%	14.3%
HV 20d	21.6%	18.9%	25.4%	25.2%	18.9%
HV 60d	36.3%	33.2%	40.0%	40.0%	33.2%
IV Rank	27.0%	7.8%	44.2%	11.4%	44.1%
IV Percentile	52.5%	13.9%	78.2%	34.1%	77.8%
Term Structure	2.7%	-2.7%	16.5%	-0.0%	-1.8%
VWIV	40.7%	25.8%	49.4%	27.4%	49.4%
Skew 25d	1.8%	0.5%	3.2%	1.9%	1.9%
Skew 10d	4.4%	2.1%	7.3%	4.9%	4.4%
Call IV 25d	33.8%	24.3%	43.8%	26.2%	41.5%
Put IV 25d	35.6%	24.8%	45.5%	28.1%	43.5%
Bid-Ask Spread %	50.96	31.73	59.14	58.58	51.29
Gamma HHI	0.05	0.03	0.11	0.03	0.04
Net GEX	306.1M	-164.8M	665.5M	243.4M	354.4M
Net DEX	-15.61B	-19.15B	-12.10B	-15.28B	-17.50B
Net VEX	-52.7M	-57.3M	-49.9M	-49.9M	-56.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.94	0.67	1.24	1.08	0.79
Total Volume	1,086,696	520,440	1,889,980	770,730	1,143,560
Total OI	5,646,451.5	4,499,030	6,356,910	5,256,530	5,271,470

Daily Data (20 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
2025-06-02	$121.71	$100.00	26.9%	7.5%	25.2%	11.4%	27.4%	1.9%	-0.0%	243.4M	-15.28B	-49.9M	1.08	58.58	N/A	N/A	371,340	399,390	2,151,130	3,105,400
2025-06-03	$121.82	$100.00	25.7%	7.1%	24.3%	9.2%	26.1%	1.9%	0.6%	264.4M	-15.34B	-50.7M	1.12	58.91	N/A	N/A	315,270	353,630	2,239,650	3,248,420
2025-06-04	$124.13	$100.00	25.7%	7.0%	24.9%	9.2%	25.8%	1.1%	0.4%	426.6M	-17.35B	-50.0M	1.04	48.45	N/A	N/A	493,230	513,790	2,289,560	3,319,050
2025-06-05	$125.45	$110.00	26.6%	11.1%	24.7%	10.8%	39.3%	1.2%	0.3%	517.0M	-18.36B	-50.1M	1.02	55.55	N/A	N/A	682,330	696,730	2,352,880	3,475,650
2025-06-06	$124.45	$111.00	25.0%	10.9%	24.4%	7.8%	39.0%	0.5%	0.3%	327.4M	-17.02B	-50.9M	1.07	55.95	N/A	N/A	637,170	681,530	2,433,320	3,620,490
2025-06-09	$122.23	$111.50	25.9%	11.3%	25.4%	9.6%	39.4%	1.0%	13.7%	71.6M	-14.29B	-51.8M	1.24	52.43	N/A	N/A	314,010	388,920	2,222,910	3,359,600
2025-06-10	$119.99	$113.00	26.3%	11.3%	23.1%	10.3%	39.9%	1.6%	13.2%	-164.8M	-12.10B	-53.3M	0.85	54.54	N/A	N/A	890,650	760,050	2,305,860	3,510,560
2025-06-11	$121.86	$114.00	26.5%	11.5%	21.4%	10.8%	40.5%	2.0%	13.7%	152.8M	-15.05B	-54.4M	0.72	56.44	N/A	N/A	635,390	455,300	2,521,480	3,631,740
2025-06-12	$121.47	$114.00	29.1%	11.6%	21.5%	15.9%	40.8%	1.9%	14.2%	184.2M	-14.67B	-54.2M	0.75	59.14	N/A	N/A	388,720	293,090	2,599,550	3,674,870
2025-06-13	$121.11	$114.00	33.3%	12.4%	19.7%	24.2%	43.8%	2.6%	16.5%	107.6M	-14.16B	-54.2M	0.90	54.03	N/A	N/A	723,610	654,220	2,646,010	3,710,900
2025-06-16	$122.36	$114.00	39.3%	12.3%	19.3%	36.1%	43.4%	2.6%	-1.6%	220.1M	-15.04B	-52.4M	0.90	53.19	N/A	N/A	274,390	246,050	2,312,960	3,389,470
2025-06-17	$122.39	$114.00	42.0%	12.5%	19.1%	41.4%	44.2%	3.2%	-1.9%	235.9M	-15.04B	-53.4M	1.12	52.76	N/A	N/A	285,770	319,790	2,385,500	3,448,480
2025-06-18	$122.45	$114.00	42.2%	12.1%	19.1%	41.8%	42.4%	2.3%	-1.9%	271.2M	-15.22B	-52.6M	0.67	52.99	N/A	N/A	492,800	328,160	2,429,510	3,568,230
2025-06-20	$123.08	$114.50	42.8%	12.4%	19.1%	42.9%	43.7%	1.7%	-2.0%	479.2M	-16.02B	-52.1M	0.69	54.49	N/A	N/A	883,520	607,140	2,507,060	3,595,000
2025-06-23	$125.27	$114.50	43.1%	12.8%	19.8%	43.5%	45.0%	2.0%	-1.9%	279.0M	-13.01B	-50.9M	1.04	34.79	N/A	N/A	386,200	399,830	1,897,740	2,601,290
2025-06-24	$127.83	$115.00	41.8%	12.7%	20.7%	41.1%	44.6%	1.7%	-1.5%	420.7M	-14.99B	-50.8M	0.87	31.73	N/A	N/A	649,870	563,190	1,993,410	2,734,270
2025-06-25	$127.55	$118.00	42.2%	12.9%	20.3%	41.7%	45.1%	1.3%	-1.9%	427.4M	-14.73B	-52.0M	1.13	35.22	N/A	N/A	605,330	684,700	2,152,870	2,909,220
2025-06-26	$130.61	$119.00	43.0%	13.2%	21.6%	43.4%	46.3%	1.9%	-2.3%	639.3M	-17.80B	-56.5M	0.91	47.93	N/A	N/A	692,320	632,950	2,340,320	3,210,140
2025-06-27	$132.16	$119.00	43.4%	13.6%	19.3%	44.2%	47.4%	0.9%	-2.7%	665.5M	-19.15B	-57.3M	0.83	50.71	N/A	N/A	1,034,560	855,420	2,410,000	3,353,060
2025-06-30	$133.70	$119.50	43.4%	14.3%	18.9%	44.1%	49.4%	1.9%	-1.8%	354.4M	-17.50B	-56.4M	0.79	51.29	N/A	N/A	638,520	505,040	2,210,250	3,061,220