Mixed options sentiment in Netflix with shares up 0.42%

Mixed options sentiment in Netflix (NFLX), with shares up 42c, or 0.42%, near $99.23. Options volume roughly in line with average with 189k contracts traded and calls leading puts for a put/call ratio of 0.36, compared to a typical level near 0.69. Implied volatility (IV30) dropped 1.02 near 41.21,and above the 52wk median, suggesting an expected daily move of $2.58. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Goldman Sachs.Looking ahead: Netflix (NFLX) will report earnings after the close on 2026-04-16.Option markets are pricing in a 50% probability of a move greater than 6.92% or $6.87.