Spotlight on Netflix: Analyzing the Surge in Options Activity
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown significant interest in Netflix (NASDAQ:NFLX) options, with a mix of bullish and bearish sentiments. This unusual activity suggests potential big moves for the stock. Analysts have mixed ratings, with target prices ranging from $450 to $700.
June 10, 2024 | 2:01 pm
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Netflix has seen unusual options activity, with a mix of bullish and bearish trades. Analysts have mixed ratings, with target prices ranging from $450 to $700. The stock is currently trading at $636.87, down by -0.72%.
The significant options activity indicates that investors are expecting big moves in Netflix's stock price. The mixed analyst ratings and target prices suggest uncertainty, but the overall bullish sentiment in options activity could drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100