Looking At Netflix's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bullish stance on Netflix (NASDAQ:NFLX), with 58% of investors opening trades with bullish expectations and 42% with bearish. Whales have been targeting a price range of $110 to $550 for Netflix over the last 3 months. Oppenheimer maintains an Outperform rating with a price target of $450, while Wedbush downgraded to Outperform with a price target of $410.

June 06, 2023 | 5:31 pm
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A whale has taken a bullish stance on Netflix, with a majority of investors opening trades with bullish expectations. Analysts have mixed price targets, with Oppenheimer at $450 and Wedbush at $410.
The whale's bullish stance on Netflix, along with the majority of investors opening trades with bullish expectations, indicates a positive short-term impact on the stock price. The mixed price targets from analysts, with Oppenheimer at $450 and Wedbush at $410, also suggest potential upward movement, although the range is wide. The overall sentiment leans towards a positive short-term impact on Netflix's stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100