Upgrade to SI Premium - Free Trial

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

October 17, 2017 2:32 PM

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.

Categories

Options Trader Talk

Next Articles