Mixed options sentiment in Netflix with shares up 0.28%

Mixed options sentiment in Netflix (NFLX), with shares up 31c, or 0.28%, near $109.44. Options volume roughly in line with average with 232k contracts traded and calls leading puts for a put/call ratio of 0.88, compared to a typical level near 0.66. Implied volatility (IV30) dropped 0.43 near 28.48,and below the 52wk median, suggesting an expected daily move of $1.96. Put-call skew steepened, indicating increased demand for downside protection.