Netflix NFLX is set to report earnings after the bell tonight, and the options are pricing in about a $24 move, or 10% either way, depending on what Netflix actually reports.
Shares have rebounded well off their lows, and are now higher on the session, up 72 cents to $252.94, a gain of 0.3%. Shares had been as low as $248.00 on the session.
So far, 5.2 million shares have changed hands, which is the average daily volume for Netflix.
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