Mixed options sentiment in Netflix (NFLX), with shares down 9c near $86.03. Options volume relatively light with 231k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.91. Implied volatility (IV30) is higher by 0.7 points near 30.52,and below the 52wk median, suggesting an expected daily move of $1.65. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Accumulate at Phillip Securities.
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