NFLX Options Chain, Open Interest, and Volatility Data

NFLX Options Open Interest & Strategy Insights

NFLX – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
1200	23290	5277	28567
1100	10292	15363	25655
1000	5501	17900	23401
10	14415	3565	17980
1300	14694	1505	16199
1140	7249	7167	14416
1400	12918	908	13826
1120	8352	4689	13041
1160	8280	4653	12933
50	591	11224	11815

NFLX – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.93	0.56	42.33%	36.90%	-5.43%

Data Analysis

Symbol: NFLX Current Price: 1098.46
Max Pain: 1090.00 (above)

📌 Absolute OI Peak: 1200.00 (28567 contracts)
🛡️ Short-term Key Levels: 1000.00（23401 contracts，major support） , 50.00（11815 contracts，major support） , 10.00（17980 contracts，major support）

📈 Put/Call OI Ratio: 0.93 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.56 (bullish, Call volume dominant)

📊 Avg Call IV: 42.33%
Avg Put IV: 36.90%
IV Skew: -5.43% (Call IV higher than Put IV by 5.43%, upward expectation slightly stronger)

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	24937	17988	75056	0.721	Moderate Bullish 📈 (65)
2025-11-14	8168	2887	29398	0.353	Moderate Bullish 📈 (70)
2025-11-21	7087	1659	79068	0.234	Strong Bullish 📈💥 (85) ⚠️
2025-11-28	1480	705	16003	0.476	Moderate Bullish 📈 (70)
2025-12-05	1871	401	6988	0.214	Moderate Bullish 📈 (70) ⚠️
2025-12-12	322	250	989	0.776	Slight Bullish 📈 (60)
2025-12-19	3145	2408	99661	0.766	Moderate Bullish 📈 (65)
2026-01-16	3042	3447	96657	1.133	Moderate Bearish 📉 (35)
2026-02-20	664	1353	6063	2.038	Moderate Bearish 📉 (30)
2026-03-20	875	677	29061	0.774	Slight Bullish 📈 (60)
2026-04-17	205	511	5472	2.493	Moderate Bearish 📉 (30)
2026-05-15	488	630	16483	1.291	Slight Bearish 📉 (40)
2026-06-18	757	685	26356	0.905	Neutral ⚖️ (50)
2026-08-21	121	221	1937	1.826	Moderate Bearish 📉 (30)
2026-09-18	333	512	6601	1.538	Moderate Bearish 📉 (30)
2026-12-18	826	2566	24787	3.107	Moderate Bearish 📉 (30) ⚠️
2027-01-15	607	3038	51111	5.005	Strong Bearish 📉💥 (15) ⚠️
2027-06-17	529	294	5343	0.556	Slight Bullish 📈 (60)
2027-12-17	945	413	9867	0.437	Moderate Bullish 📈 (70)
2028-01-21	496	302	5658	0.609	Slight Bullish 📈 (60)
How the Sentiment Algorithm Works This table evaluates market sentiment based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Indicates the relative activity between put and call options. A high PCR suggests bearish sentiment, while a low PCR indicates bullish sentiment. Open Interest (OI): Represents the number of outstanding contracts. Higher values reflect strong market attention or hedging activity. Unusual activity ⚠️: Days with extremely high PCR or OI are flagged, signaling possible speculative bets or hedging pressures. The sentiment score is computed by combining PCR and OI, then classified into clear labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Scores range from 0 to 100, where higher values indicate stronger bullish sentiment and lower values indicate stronger bearish sentiment.