Netflix's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Financial giants have made a bearish move on Netflix (NASDAQ:NFLX) with 20 unusual options trades. 35% of traders showed bearish tendencies, with significant put and call trades. Analysts have mixed ratings, with price targets ranging from $545 to $760. NFLX is currently trading at $629.96.
July 30, 2024 | 2:46 pm
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Financial giants have made a bearish move on Netflix with 20 unusual options trades. 35% of traders showed bearish tendencies, with significant put and call trades. Analysts have mixed ratings, with price targets ranging from $545 to $760. NFLX is currently trading at $629.96.
The article highlights a significant bearish sentiment among financial giants through options trading, with 35% of traders showing bearish tendencies. This, combined with mixed analyst ratings, suggests potential downward pressure on NFLX stock in the short term.
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