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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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