Mixed options sentiment in Netflix (NFLX), with shares down $5.32 near $104.03. Options volume more than double the daily average with 631k contracts traded and calls leading puts for a put/call ratio of 0.61, compared to a typical level near 0.66. Implied volatility (IV30) is higher by 3.4 points near 31.83,and above the 52wk median, suggesting an expected daily move of $2.09. Put-call skew flattened, suggesting a modestly bullish tone.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NFLX:
- Midday Fly By: Anthropic starts work on IPO, Marvell reports Q3 beat
- Crypto Currents: Bitcoin jumps as short liquidations fuel rebound
- Netflix combination with Warner Bros. would cut consumer costs, Reuters says
- Warner Bros. Discovery (NASDAQ:WBD) Gets Second Round of Bids With Unexpected Netflix Jump
- Mixed options sentiment in Netflix with shares up 0.28%