Netflix Unusual Options Activity For August 14
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Netflix (NASDAQ:NFLX), with a mix of bullish and bearish stances. The trades indicate a targeted price range of $405.0 to $495.0 for Netflix over the last 3 months. The current price of NFLX is up 1.21% at $426.76. Analysts from Canaccord Genuity, Pivotal Research, Piper Sandler, JP Morgan, and Morgan Stanley have maintained their ratings on Netflix, with price targets ranging from $440 to $600.
August 14, 2023 | 3:01 pm
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Netflix has seen unusual options activity, with a mix of bullish and bearish stances. The current price of NFLX is up 1.21% at $426.76. Analysts have maintained their ratings on Netflix, with price targets ranging from $440 to $600.
The unusual options activity indicates a high level of interest in Netflix's stock, which could lead to increased volatility. However, the mix of bullish and bearish stances suggests uncertainty about the stock's direction. The maintained ratings from analysts, with price targets above the current price, suggest a generally positive outlook, but the wide range of price targets indicates differing opinions on the stock's value.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100