Check Out What Whales Are Doing With NFLX
Portfolio Pulse from Benzinga Insights
A large bearish position on Netflix (NASDAQ:NFLX) has been spotted, with 31 uncommon options trades identified by Benzinga's options scanner. The sentiment of these big-money traders is split between 45% bullish and 54% bearish. Whales have been targeting a price range of $250 to $410 for Netflix over the last 3 months.

May 23, 2023 | 5:05 pm
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A large bearish position has been identified in Netflix, with big-money traders sentiment split between 45% bullish and 54% bearish. Whales have targeted a price range of $250 to $410 for Netflix over the last 3 months.
The large bearish position and the split sentiment among big-money traders indicate that there is uncertainty and potential downward pressure on Netflix's stock price. The targeted price range of $250 to $410 over the last 3 months also suggests that there is a possibility of a significant price movement in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100