Whales with a lot of money to spend have taken a noticeably bearish stance on Netflix.
Looking at options history for Netflix NFLX we detected 69 trades.
If we consider the specifics of each trade, it is accurate to state that 34% of the investors opened trades with bullish expectations and 44% with bearish.
From the overall spotted trades, 17 are puts, for a total amount of $693,138 and 52, calls, for a total amount of $3,512,079.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $600.0 to $1260.0 for Netflix over the last 3 months.
Volume & Open Interest Trends
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Netflix's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Netflix's substantial trades, within a strike price spectrum from $600.0 to $1260.0 over the preceding 30 days.
Netflix Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NFLX | CALL | TRADE | BULLISH | 06/20/25 | $92.0 | $91.1 | $92.0 | $970.00 | $598.0K | 338 | 147 |
| NFLX | CALL | TRADE | BULLISH | 06/20/25 | $34.1 | $33.9 | $34.1 | $1120.00 | $187.5K | 251 | 57 |
| NFLX | CALL | SWEEP | BULLISH | 02/07/25 | $51.75 | $48.5 | $50.85 | $925.00 | $157.1K | 50 | 47 |
| NFLX | PUT | SWEEP | BEARISH | 02/14/25 | $10.9 | $10.2 | $10.55 | $950.00 | $98.1K | 327 | 203 |
| NFLX | CALL | SWEEP | BULLISH | 02/14/25 | $43.35 | $42.75 | $43.35 | $945.00 | $86.7K | 27 | 84 |
About Netflix
Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
In light of the recent options history for Netflix, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Netflix's Current Market Status
- Currently trading with a volume of 1,638,270, the NFLX's price is up by 0.34%, now at $980.07.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 73 days.
Professional Analyst Ratings for Netflix
5 market experts have recently issued ratings for this stock, with a consensus target price of $989.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from B of A Securities persists with their Buy rating on Netflix, maintaining a target price of $1175. * Consistent in their evaluation, an analyst from Barclays keeps a Underweight rating on Netflix with a target price of $715. * Consistent in their evaluation, an analyst from Macquarie keeps a Outperform rating on Netflix with a target price of $1150. * Consistent in their evaluation, an analyst from Guggenheim keeps a Buy rating on Netflix with a target price of $950. * An analyst from Seaport Global upgraded its action to Buy with a price target of $955.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Netflix, Benzinga Pro gives you real-time options trades alerts.
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