Check Out What Whales Are Doing With NFLX
Portfolio Pulse from Benzinga Insights
Whales are showing a bearish stance on Netflix (NFLX) with 43% of options trades being bearish. The stock is currently trading at $694.38, with analysts setting a price target between $750 and $900. Netflix's business model focuses on streaming services, and it recently introduced ad-supported plans.
September 16, 2024 | 5:15 pm
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Whales are showing a bearish stance on Netflix with 43% of options trades being bearish. The stock is currently trading at $694.38, with analysts setting a price target between $750 and $900.
The article highlights a bearish sentiment among large investors (whales) in the options market for Netflix, with 43% of trades being bearish. This could indicate a short-term downward pressure on the stock price. However, analysts have set a higher price target, suggesting potential long-term growth. The current trading price is $694.38, and the stock is neutral on RSI indicators.
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