Netflix (NFLX) May volatility elevated as shares trade at three month lows on EPS

Netflix (Nasdaq: NFLX) is recently down $15.47 to $86.37 in the premarket on concerns over Q2 subscriber growth. Citigroup say’s “Reit Buy on NFLX despite Q1 EPS controversy.” May call option implied volatility is at 86, June is at 68; compared to its 26-week average of 67 according to Track Data.

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