Mixed options sentiment in Netflix with shares down 0.52%

Mixed options sentiment in Netflix (NFLX), with shares down $6.17 near $1174.33. Options volume relatively light with 112k contracts traded and calls leading puts for a put/call ratio of 0.64, compared to a typical level near 0.88. Implied volatility (IV30) is higher by 0.5 points near 25.76,in the bottom quartile of the past year, suggesting an expected daily move of $19.06. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Sell at Phillip Securities.