Pre-earnings options volume in Netflix is 1.1x normal with puts leading calls 9:7. Implied volatility suggests the market is anticipating a move near 7.0%, or $45.36, after results are released. Median move over the past eight quarters is 8.8%.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NFLX:
- Stock Market News Today, 7/18/24 – Indices Mixed amid New Economic Data
- Last Minute Thought: Mark Mahaney Weighs in on Netflix Stock Ahead of Earnings
- Options Volatility and Implied Earnings Moves Today, July 18, 2024
- Netflix Stock (NASDAQ:NFLX) Slips amid Brand Partnership Plans
- Netflix price target raised to $735 from $700 at Guggenheim