Market Whales and Their Recent Bets on NFLX Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Netflix (NASDAQ:NFLX) through options trading, with 45% of the activity being bearish. The options activity is unusual, with a significant amount of calls and puts traded, suggesting potential volatility. Analysts have mixed ratings on Netflix, with target prices ranging from $550 to $820. NFLX is currently trading at $725.77, with an upcoming earnings release in 3 days.
October 14, 2024 | 2:15 pm
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Investors have shown a bearish sentiment towards Netflix through options trading, with 45% of the activity being bearish. This suggests potential volatility in the stock price. Analysts have mixed ratings, with target prices ranging from $550 to $820.
The significant bearish sentiment from options trading indicates that investors expect a potential decline in Netflix's stock price. The mixed analyst ratings further contribute to uncertainty, with target prices varying widely. The upcoming earnings release could also impact the stock's short-term movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100