Netflix Releases Third-Quarter 2017 Financial Results
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Bullish Options Activity in Netflix, Inc. (NFLX) Following Q3 Earnings Report -Susquehanna
October 17, 2017 2:32 PM EDTSusquehanna 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.
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