Netflix (NFLX) Options Chain

NASDAQ: NFLXConsumer DiscretionaryConsumer Electronics/Video ChainsUSD

70.30-1.27 (-1.77%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Sep 17, 2027
Days to expiration: 341
Share price: $70.30
Put/call ratio (OI): 1.17
Put/call ratio (volume): 0.09
ATM implied volatility: 41.5%
Expected move: ±$28.23
Open interest (C / P): 23.11K / 26.95K

NFLX options summary

The NFLX options chain for the September 17, 2027 expiration lists 33 call and 26 put contracts, with 341 days until expiration. Open interest stands at 23,113 calls and 26,953 puts, a put/call ratio of 1.17, which is fairly balanced between calls and puts. At-the-money implied volatility near the $70.00 strike is 41.5%, which implies the market expects a move of about ±$28.23 (40.2%) in Netflix stock by expiration.

The most open interest sits at the $80.00 call (6.37K contracts) and the $70.00 put (6.19K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

NFLX options chain · September 17, 2027

NFLX calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
84	11	66.1%	35.15	35.30	39.60	35.00	0.17	0.45	0.39	44.2%	1	71
—	—	—	33.70	—	—	37.50	0.11	0.80	0.58	46.0%	40	20
58	1	66.9%	33.02	32.55	35.10	40.00	0.35	0.97	0.70	44.1%	1	370
3	1	57.4%	29.31	28.55	32.95	42.50	0.72	0.93	0.85	39.8%	9	69
142	1	55.9%	28.82	26.65	30.80	45.00	1.07	1.34	1.08	40.1%	36	1,145
101	2	50.0%	25.85	24.70	27.40	47.50	1.40	1.55	1.46	38.1%	9	527
325	5	50.1%	25.50	22.70	25.95	50.00	1.79	1.96	1.87	37.3%	15	1,320
183	1	51.2%	21.90	20.65	21.35	55.00	2.72	3.25	2.96	37.1%	25	2,498
—	—	—	19.87	—	—	57.50	—	—	4.10	—	—	—
2,177	87	49.3%	17.68	17.30	18.10	60.00	4.40	4.65	4.40	35.5%	30	4,972
313	4	51.2%	16.29	14.65	17.25	62.50	5.30	5.50	5.40	34.8%	41	136
513	16	46.4%	14.76	13.95	14.85	65.00	6.00	6.70	6.40	35.0%	7	2,068
493	17	45.6%	13.40	12.65	13.50	67.50	7.35	7.65	7.37	33.9%	10	487
2,133	197	48.4%	12.10	11.90	13.15	70.00	8.55	9.20	8.89	34.7%	6	6,189
NFLX $70.30
166	17	46.7%	11.06	10.35	11.70	72.50	9.90	10.70	10.10	34.9%	10	772
722	134	44.0%	9.95	9.75	10.05	75.00	11.30	12.20	11.45	34.7%	5	2,479
428	107	45.7%	9.05	8.40	9.65	77.50	13.00	13.60	12.90	33.7%	2	151
6,365	50	43.5%	8.22	8.00	8.25	80.00	14.35	15.05	14.55	32.6%	10	1,427
2,405	24	43.8%	6.70	6.45	6.95	85.00	17.90	19.10	18.02	33.9%	6	789
613	16	43.9%	5.40	5.15	5.80	90.00	21.90	22.90	21.90	33.1%	20	1,090
498	17	43.6%	4.44	4.15	4.75	95.00	25.40	27.10	25.79	33.0%	1	47
851	89	42.7%	3.65	3.55	3.75	100.00	29.10	31.70	32.95	34.1%	20	237
595	40	44.0%	3.19	2.76	3.35	105.00	33.05	36.30	38.13	34.6%	11	80
941	7	42.9%	2.45	2.35	2.58	110.00	38.95	41.30	39.55	37.2%	1	9
1,103	4	42.7%	2.09	1.95	2.10	115.00	—	—	—	—	—	—
299	1	44.8%	1.86	1.59	2.06	120.00	47.50	51.50	50.00	43.3%	2	0
43	1	44.2%	1.54	1.35	1.63	125.00	—	—	—	—	—	—
217	2,651	43.2%	1.18	1.05	1.23	130.00	57.50	61.75	53.33	49.1%	—	0
123	5	45.2%	1.05	0.78	1.25	135.00	—	—	—	—	—	—
100	10	46.2%	0.95	0.76	1.16	140.00	—	—	—	—	—	—
268	6	46.5%	0.90	0.64	1.02	145.00	—	—	—	—	—	—
262	1	44.6%	0.70	0.54	0.70	150.00	—	—	—	—	—	—
589	186	47.3%	0.56	0.45	0.80	155.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the NFLX put/call ratio?

For the September 17, 2027 expiration, the NFLX put/call ratio based on open interest is 1.17 (26,953 puts vs 23,113 calls), and 0.09 based on today's volume. A ratio above 1 means more puts than calls.

What is NFLX's implied volatility?

At-the-money implied volatility for NFLX options expiring September 17, 2027 is about 41.5%, an annualized estimate of how much the market expects Netflix stock to move.

How many NFLX option expiration dates are there?

NFLX has 16 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.