Check Out What Whales Are Doing With NFLX
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bearish sentiment towards Netflix (NASDAQ:NFLX), with significant options activity detected. The options activity includes 6 puts and 6 calls, with a focus on a price range between $680 and $765. The stock is currently priced at $704.47, down 0.41%, and is approaching overbought levels according to RSI indicators. An analyst maintains a neutral rating with a target price of $635.
September 30, 2024 | 1:46 pm
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Deep-pocketed investors are showing a bearish sentiment towards Netflix, with significant options activity detected. The stock is currently priced at $704.47, down 0.41%, and is approaching overbought levels according to RSI indicators.
The article highlights a bearish sentiment among large investors towards Netflix, as evidenced by significant options activity. The stock is currently down 0.41% and is approaching overbought levels, which could indicate a potential price decline. An analyst's neutral rating with a lower target price further supports the bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100