in Tuesday's trading as investors jockeyed for position ahead of Wednesday's report, but that doesn't mean sentiment around Netflix is firmly positive.leans more towards the puts," said Eison, "So it's kind of tough to see whether traders are coming in with a bullish or bearish bet. Net net, people are expecting a volatile move."
"If you look at historical implied volatility, it's tough to be long options and get this right. You can get the direction right and still end up losing money because the options premium is just so robust," said Eison. However, if you're inclined to place a bet, it's helpful to know where the stock might head from a technical perspective. If Netflix fails to deliver, Eison sees it testing a key level of support.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix Q3 earnings preview analysis: areas to watch, growth outlook - Business InsiderAll eyes are on Netflix as it prepares to report its third quarter earnings this week, after badly missing targets for subscriber growth last quarter. Payton Hobart! SAI I think that netflix lost some subscribe, But no so much beacuse, costs of disney+ very cheap
Source: BusinessInsider - 🏆 729. / 51 Read more »
Wall Street is souring on Netflix ahead of earnings. Here's why 6 firms have cut their price targets in recent weeks.Investors and analysts are expected to pay close attention to net subscriber additions in Netflix's third-quarter earnings report.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Three before you leave — What to watch for Wednesday including Netflix, Bank of America earningsWe'll get earnings from Bank of America and Netflix, as well as retail sales on Wednesday
Source: CNBC - 🏆 12. / 72 Read more »
JP Morgan marks a strong start to earnings season—here's what Wells Fargo's former CEO and other experts are sayingJP Morgan marks a strong start to earnings season—here's what Wells Fargo's former CEO and other experts are saying $JPM $WFC $GS $C $XLF (via TradingNation) TradingNation With the billions of dollars in free money from the federalreserve anyone can make a strong start to earnings season. jpmorgan and company needs to be in prison with the central bankers across the globe. TradingNation These markets are a manipulated disaster. Keep pumping.
Source: CNBC - 🏆 12. / 72 Read more »