Looking At Netflix's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Netflix (NASDAQ:NFLX), with 53% of investors opening trades with bullish expectations and 46% with bearish. The whale has been targeting a price range from $5.0 to $420.0 for Netflix over the last 3 months. The price of NFLX is currently down -0.11% at $409.63, and RSI indicators suggest the stock may be approaching overbought.
October 31, 2023 | 2:31 pm
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A whale investor has taken a bullish stance on Netflix, with majority of investors opening trades with bullish expectations. The stock price is currently down -0.11% at $409.63.
The news of a whale investor taking a bullish stance on Netflix, coupled with the fact that majority of investors are opening trades with bullish expectations, indicates a positive sentiment towards the stock. This could potentially drive the stock price up in the short term, despite the current slight decrease in price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100