A Closer Look at Netflix's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Investors are showing a bullish stance on Netflix (NASDAQ:NFLX) with significant options trading activity. Benzinga's options scanner identified 17 uncommon trades, with a majority being calls. The price range targeted by these trades is between $400.0 and $725.0. Analysts have mixed ratings but generally positive price targets for Netflix.
June 27, 2024 | 2:32 pm
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POSITIVE IMPACT
Significant options trading activity on Netflix indicates a bullish sentiment among big-money investors. Analysts have mixed ratings but generally positive price targets, suggesting potential upward movement in the stock price.
The majority of the options trades identified are calls, indicating a bullish sentiment. Analysts' price targets are also generally positive, which supports the potential for upward movement in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100