NFLX Options History — April 2026

In April 2026, NFLX traded between $95.88 and $98.03. ATM implied volatility averaged 42.0%, placing in the 37.5% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 15.7% (HV 20d: 26.3%). Max pain ranged from $90.00 to $90.00. Net GEX was positive for 2 of 2 trading days. Term structure was in contango for 0 of 2 days. Put/call ratio averaged 0.58.

Notable Days

  • 2026-04-02: Highest Volume — 439,274 contracts
  • 2026-04-02: Largest IV drop — 1.9% change
  • 2026-04-01: Highest IV Rank — 38.3%
  • 2026-04-01: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$96.95$95.88$98.03$95.88$98.03
Max Pain$90.00$90.00$90.00$90.00$90.00
ATM IV42.0%41.6%42.4%42.4%41.6%
Expected Move12.0%11.9%12.2%12.2%11.9%
HV 20d26.3%25.6%26.9%25.6%26.9%
HV 60d40.4%40.3%40.5%40.3%40.5%
IV Rank37.5%36.6%38.3%38.3%36.6%
IV Percentile76.2%71.8%80.6%80.6%71.8%
Term Structure-1.9%-2.0%-1.8%-2.0%-1.8%
VWIV44.3%39.8%48.9%48.9%39.8%
Skew 25d5.2%5.2%5.3%5.2%5.3%
Skew 10d10.1%10.0%10.1%10.0%10.1%
Call IV 25d39.5%39.5%39.6%39.6%39.5%
Put IV 25d44.8%44.7%44.8%44.8%44.7%
Bid-Ask Spread %5.975.796.155.796.15
Gamma HHI0.100.060.150.060.15
Net GEX278.0M216.9M339.1M216.9M339.1M
Net DEX-8.17B-9.00B-7.34B-7.34B-9.00B
Net VEX-70.7M-71.3M-70.1M-70.1M-71.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.490.670.670.49
Total Volume332,547.5225,821439,274225,821439,274
Total OI5,723,187.55,696,5355,749,8405,696,5355,749,840

Daily Data (2 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-04-01$95.88$90.0042.4%12.2%25.6%38.3%48.9%5.2%-2.0%216.9M-7.34B-70.1M0.675.79N/AN/A135,07690,7452,898,4822,798,053
2026-04-02$98.03$90.0041.6%11.9%26.9%36.6%39.8%5.3%-1.8%339.1M-9.00B-71.3M0.496.15N/AN/A294,396144,8782,925,2252,824,615