Moderately bullish activity in Netflix (NFLX), with shares up $4.21, or 0.35%, near $1219.23. Options volume running well above average with 96k contracts traded and calls leading puts for a put/call ratio of 0.76, compared to a typical level near 0.96. Implied volatility (IV30) is higher by 2.4 points near 31.44,and above the 52wk median, suggesting an expected daily move of $24.15. Put-call skew steepened, indicating increased demand for downside protection.
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