Netflix Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance on Netflix (NASDAQ:NFLX) has been observed through unusual options activity. The sentiment among these big-money traders is split between 56% bullish and 43% bearish. The whales have been targeting a price range from $300.0 to $1275.0 for Netflix over the last 3 months. The current price of NFLX is down -0.22% at $365.11. Analysts have mixed ratings on Netflix with price targets ranging from $293 to $525.
October 12, 2023 | 2:17 pm
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Netflix has seen unusual options activity with a significant bullish stance. The sentiment among these traders is split between 56% bullish and 43% bearish. Analysts have mixed ratings on Netflix with price targets ranging from $293 to $525.
The unusual options activity indicates that there is significant interest in Netflix's stock, which could potentially drive its price up. However, the sentiment among these traders is split, which adds uncertainty. The mixed ratings from analysts also contribute to this uncertainty, but the overall sentiment appears to be more bullish than bearish, which is why the score is 1.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100