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Mixed options sentiment in Netflix with shares up 2.21%

Mixed options sentiment in Netflix (NFLX), with shares up $27.11, or 2.21%, near $1253.30. Options volume running well above average with 123k contracts traded and calls leading puts for a put/call ratio of 0.77, compared to a typical level near 0.78. Implied volatility (IV30) dropped 0.29 near 25.18,in the bottom quartile of the past year, suggesting an expected daily move of $19.88. Put-call skew flattened, suggesting a modestly bullish tone.

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