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Moderately bullish activity in Netflix with shares down 1.71%

Moderately bullish activity in Netflix (NFLX), with shares down $1.32 near $76.33. Options volume relatively light with 147k contracts traded and calls leading puts for a put/call ratio of 0.34, compared to a typical level near 0.54. Implied volatility (IV30) is higher by 0.9 points near 47.72, in the highest 10% of observations over the past year, suggesting an expected daily move of $2.29. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Netflix (NFLX) will report earnings after the close on 2026-07-16.Option markets are pricing in a 50% probability of a move greater than 8.27% or $6.32.

NFLX

Moderately bullish activity in Netflix (NFLX), with shares down $1.32 near $76.33.

Options volume relatively light with 147k contracts traded and calls leading puts for a put/call ratio of 0.34, compared to a typical level near 0.54.

Implied volatility (IV30) is higher by 0.9 points near 47.72, in the highest 10% of observations over the past year, suggesting an expected daily move of $2.29.

Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Netflix (NFLX) will report earnings after the close on 2026-07-16.Option markets are pricing in a 50% probability of a move greater than 8.27% or $6.32.