Options traders bet on new all-time highs for Netflix after earnings

Argentina Noticias Noticias

Options traders bet on new all-time highs for Netflix after earnings
Argentina Últimas Noticias,Argentina Titulares

Options traders see the streaming giant surging to new highs when it reports earnings after the bell on Thursday.

by 3 to 1, and the most active contract of the day pointed toward another big breakout to new highs.

"Some of the call action I was looking at were next week's 520-calls," said Khouw, "Those were trading for about $30. It looks like options traders may be targeting that $550 high we saw last week coming out of earnings." Those calls expire on July 24, and break even right around the $550 on the underlying stock. That's nearly 7% from where Netflix was trading Thursday morning. That level would be slightly higher than Netflix's all-time closing high of $548.73, but buyers of these calls are likely targeting an even larger breakout.

 

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock market live updates: Dow futures down 200, jobless claims disappoint, retail sales boomStock market live updates: Dow futures down 200, jobless claims disappoint, retail sales boomInvestors digested another batch of corporate earnings, while waiting for new data on the labor market.
Leer más »



Render Time: 2025-01-10 19:32:07