Options volume is relatively light, with 39k contracts traded and puts leading calls for a put/call ratio of 1.29, compared to a typical level near 0.98. Implied volatility (IV30) rose 1.18 to 30.15,below the median, suggesting an expected daily move of $22.53. Put-call skew steepened, indicating increased demand for downside protection. following a downgrade to Neutral at JPMorgan.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NFLX:
- Sesame Workshop signs new streaming deal with Netflix
- Netflix, Reddit downgraded: Wall Street’s top analyst calls
- ‘Time to Hold,’ as Analyst Downgrades Netflix Stock (NFLX) after Hitting 52-Week High
- Netflix price target raised to $1,325 from $1,150 at TD Cowen
- Netflix downgraded to Neutral from Overweight at JPMorgan
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue