Netflix (NFLX) volatility elevated into Q1 and expects to top 100M global subscribers this weekend
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Netflix, Inc. (NASDAQ: NFLX) April call option implied volatility is at 98, May is at 43; compared to its 52-week range of 42; compared to its 52-week range of 21 to 61 into U.S. and international subscriber growth slowed in the Q1, coming in below expectations, though profit grew as content costs were lower than anticipated. The company reported 98.75M total subscribers, up from 81.5M a year ago. The company said it expects to top 100M global subscribers this weekend.
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