Mixed options sentiment in Netflix (NFLX), with shares up $10.60, or 0.91%, near $1169.12. Options volume relatively light with 35k contracts traded and calls leading puts for a put/call ratio of 0.83, compared to a typical level near 0.94. Implied volatility (IV30) dropped 1.48 near 25.4,in the bottom quartile of the past year, suggesting an expected daily move of $18.71. Put-call skew flattened, suggesting a modestly bullish tone.
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:
- Viewership data shows Netflix had ‘clear’ inflection in June, Piper says
- Netflix’s Growth Potential Reinforced by Strong Content Lineup and Viewership Surge
- Mixed options sentiment in Netflix with shares down 0.52%
- Cleveland-Cliffs, MGM, Netflix, Valero, SoFi: Trending by Analysts
- Buy/Sell: Wall Street’s top 10 stock calls this week