News Formal

A high-probability trade on Netflix into earnings used by options traders

  • 📰 CNBC
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Netflix (NFLX) kicks off tech earnings on Wednesday after the market close. For many, NFLX is the harbinger of how the rest of the sector's earnings will play out.

As the earnings date starts approaching, it brings a lot of uncertainty with it. Everybody knows that earnings announcements can bring a big price move, but it is difficult to predict the direction of the price movement. Let us start by examining the historical price movement in NFLX after the last four earnings events. You will notice that most of the earnings moves are mostly contained within 9%. There can always be outliers like that 13.3% move in Oct.

Click here for the full disclaimer.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Netflix earnings: What to expect from the streaming titanNetflix reports earnings after Wednesday’s closing bell
Source: MarketWatch - 🏆 3. / 97 Read more »

Netflix Earnings: User Growth to Prove Recent Correction Was a Buying OpportunityStocks Analysis by Investing.com (Damian Nowiszewski) covering: Netflix Inc, Netflix Inc, Netflix Inc DRC, COMMERZBANK AG Call 92 USD Netflix Inc 31Dec99. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »