Bullish Options Activity in Netflix, Inc. (NFLX) Following Q3 Earnings Report -Susquehanna

Susquehanna options strategist Alison Edwards highlights upside options activity in Netflix, Inc. (NASDAQ: NFLX) following the company's third quarter report, as an opening investor bought 9,000 Dec 205/220 call spreads for up to $4.73, getting bullish exposure capped at $220. The spread implies ~31.5% probability stock is $212.50 or higher in mid-Dec.

You May Also Be Interested In

• Netflix (NFLX) call put ratio 2.3 calls to 1 put
• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Stocks expected to have increasing option volume: MU SNDK WDC DRAM EWY IBM MSFT GOOGL GOOG SPCX FDX CCL KFY CBRS