Moderately bullish activity in Netflix (NFLX), with shares up 78c, or 0.85%, near $93.06. Options volume relatively light with 111k contracts traded and calls leading puts for a put/call ratio of 0.54, compared to a typical level near 0.58. Implied volatility (IV30) is higher by 0.1 points near 42.85,in the top quartile of the past year, suggesting an expected daily move of $2.51. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Erste Group.
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