A Closer Look at Netflix's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
The options market for Netflix (NASDAQ:NFLX) shows a bearish sentiment with 40% of traders betting against the stock. Despite this, analysts maintain a positive outlook with price targets ranging from $750 to $900. Netflix's stock is currently down 0.99% at $666.98.
September 11, 2024 | 2:34 pm
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Netflix's options market shows a bearish sentiment with 40% of traders betting against the stock. However, analysts maintain a positive outlook with price targets ranging from $750 to $900. The stock is currently down 0.99% at $666.98.
The options market shows a significant bearish sentiment with 40% of traders betting against Netflix. This could indicate a short-term downward pressure on the stock price. However, analysts' positive ratings and high price targets suggest a potential recovery or long-term growth. The current stock price decline of 0.99% aligns with the bearish sentiment in the options market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100