Netflix Sees Investors Taking Bearish Stance in Options Market, Benzinga Reports
$Netflix (NFLX.US)$ has seen investors with a lot of money to spend take a bearish stance on stock, Benzinga reported, citing 11 options trades. The overall sentiment of these big-money traders is split. About 45 of them were bearish and 36% were bullish, according to the report.
One of the trades involved a put for a total amount of $61,750, and 10 were calls, for a total amount of $455,332, the report showed. The trading volume and open interest data on the contracts signal the major market movers were eyeing prices ranging from $557.50 to $650 for Netflix over the last three months. The stock traded at $552.37, down 1.2% at 11:55 a.m. in New York Tuesday. Read the full report here: Options Corner: Netflix Sees Investors Taking Bearish Stance
Disclaimer: Options trading entails significant risk and is not appropriate for all customers. It is important that investors read Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request. Moomoo does not guarantee favorable investment outcomes. The past performance of a security or financial product does not guarantee future results or returns. Customers should consider their investment objectives and risks carefully before investing in options. Because of the importance of tax considerations to all options transactions, the customer considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy.
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Moomoo Senior News and Community Manager
Former editor at Bloomberg, ex-commentary editor at Lazard. Posts aren’t investment advice. Views are just mine.
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