Netflix stock options traders are ready for a big move after earnings

Netflix’s stock NFLX, -1.56% has been on a roll this year, as many see the company as a beneficiary of stay-at-home and other lockdown measures put in place to combat the COVID-19 pandemic. Investors get a peek into how much the company has actually benefited when it reports second-quarter results after Thursday’s closing bell.

One way to gauge expectations on how much a stock is expected to move in reaction to earnings is through an options strategy known as a straddle, which involves the simultaneous purchase of one bullish and bearish options with strikes around current, or “at-the-money” prices, that expire at the end of the week.

As of Thursday morning, Netflix options implied a 12.8% move in either direction on Friday, according to Garrett DeSimone, head quant at OptionMetrics.

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Options traders bet on new all-time highs for Netflix after earningsOptions traders see the streaming giant surging to new highs when it reports earnings after the bell on Thursday.
स्रोत: CNBC - 🏆 12. / 72 और पढो »

Stocks making the biggest moves after hours: Sirius XM, Moderna, Lyft and moreSee which stocks are posting big moves after the bell.
स्रोत: CNBC - 🏆 12. / 72 और पढो »