NFLX Options
NFLX $63.00 · Updated Nov 10, 4:00 PM ET
NFLX is at $63.00. The nearest expiration, Nov 13, 2026 (3 days out), lists 48 strikes, with 47,290 calls and 27,909 puts traded in the latest session. At-the-money implied volatility is 36.9%. The at-the-money straddle prices a move of about $1.71 (2.7%) by expiration.
NFLX Options Chain
NFLX is at $63.00. The nearest expiration, Nov 13, 2026 (3 days out), lists 48 strikes, with 47,290 calls and 27,909 puts traded in the latest session. At-the-money implied volatility is 36.9%. The at-the-money straddle prices a move of about $1.71 (2.7%) by expiration.
NFLX Gamma Exposure (GEX)
NFLX total dealer gamma exposure is -$66M across all listed expirations. Negative GEX means dealers are net short gamma; their hedging tends to amplify price moves. The gamma flip is $65.09, with spot 3.2% below it. The call wall is $65.00 and the put wall $60.00.
NFLX Max Pain
NFLX max pain for Nov 13, 2026 (3 days out) is $64.00, 1.6% above the current $63.00. That is the settlement price at which the open contracts on that date would pay holders the least. For Dec 11, 2026, max pain is $63.00.
NFLX Put/Call Ratio (Put to Call Ratio)
Across every listed NFLX expiration, the put/call ratio is 0.68 by volume and 0.86 by open interest. More calls than puts are trading. 1,776,326 puts and 2,067,723 calls are open in total.
NFLX Implied Volatility
NFLX at-the-money implied volatility is 36.9% for Nov 13, 2026 (3 days out). For Dec 11, 2026 it is 32.4%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
NFLX Open Interest by Strike
Across all NFLX expirations, the largest call open interest near the current $63.00 sits at the $70.00 strike (89,977 contracts) and the largest put open interest at $60.00 (155,636). 2,067,723 calls and 1,776,326 puts are open in total.
NFLX Expected Move
The options market prices NFLX to move about $1.71 (2.7%) by Nov 13, 2026, a range of $61.29 to $64.71. For Dec 11, 2026 (31 days out) the expected move is $4.79 (7.6%).