NFLX Options
NFLX $63.80 · Updated Oct 26, 4:00 PM ET
NFLX is at $63.80. The nearest expiration, Oct 30, 2026 (4 days out), lists 50 strikes, with 120,012 calls and 59,580 puts traded in the latest session. At-the-money implied volatility is 34.7%. The at-the-money straddle prices a move of about $1.86 (2.9%) by expiration.
NFLX Options Chain
NFLX is at $63.80. The nearest expiration, Oct 30, 2026 (4 days out), lists 50 strikes, with 120,012 calls and 59,580 puts traded in the latest session. At-the-money implied volatility is 34.7%. The at-the-money straddle prices a move of about $1.86 (2.9%) by expiration.
NFLX Gamma Exposure (GEX)
NFLX total dealer gamma exposure is -$101M across all listed expirations. Negative GEX means dealers are net short gamma; their hedging tends to amplify price moves. The gamma flip is $67.90, with spot 6.0% below it. The call wall is $70.00 and the put wall $60.00.
NFLX Max Pain
NFLX max pain for Oct 30, 2026 (4 days out) is $67.00, 5.0% above the current $63.80. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $67.00.
NFLX Put/Call Ratio
Across every listed NFLX expiration, the put/call ratio is 0.77 by volume and 0.90 by open interest. More calls than puts are trading. 1,712,239 puts and 1,912,889 calls are open in total.
NFLX Implied Volatility
NFLX at-the-money implied volatility is 34.7% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 30.3%. 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 $63.80 sits at the $70.00 strike (72,036 contracts) and the largest put open interest at $65.00 (140,193). 1,912,889 calls and 1,712,239 puts are open in total.
NFLX Expected Move
The options market prices NFLX to move about $1.86 (2.9%) by Oct 30, 2026, a range of $61.95 to $65.66. For Nov 27, 2026 (32 days out) the expected move is $4.59 (7.2%).