This Is What Whales Are Betting On Netflix
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Netflix (NASDAQ:NFLX), with 67% of the observed trades being bearish and 32% bullish. The trades include 21 puts and 49 calls, with a total amount of $1,360,257 and $2,996,686 respectively. The whales have been targeting a price range from $5.0 to $900.0 for Netflix over the last 3 months. The price of NFLX is currently up 1.18% at $413.1.
August 22, 2023 | 8:01 pm
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A significant investor has taken a bearish stance on Netflix. The whales have been targeting a price range from $5.0 to $900.0 for Netflix over the last 3 months.
The bearish stance taken by a significant investor indicates a potential downward pressure on the stock price. The wide target price range suggests uncertainty about the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100