Mixed options sentiment in Netflix (NFLX), with shares up $1.93 (+0.16%) near $1189.90.Options volume roughly in line with average with 75k contracts traded and calls leading puts for a put/call ratio of 0.9, compared to a typical level near 1.03. Implied volatility (IV30) dropped 0.41 near 28.92,and below the 52wk median, suggesting an expected daily move of $21.68. Put-call skew steepened, indicating increased demand for downside protection. following a downgrade to Neutral at JPMorgan.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NFLX:
- Now Streaming: Sesame Workshop, Netflix enter streaming deal
- “Democratizing Creativity”: Netflix Stock (NASDAQ:NFLX) Notches Up Despite New AI Threat
- Streaming services are finally becoming profitable, WSJ reports
- Netflix’s Strong Market Position and Growth Potential: Buy Rating Affirmed
- Oppenheimer says Netflix Ad tier now has over 94M MAUs vs. 70M in November
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue