Netflix Options Price Nearly 10% Move Ahead of Q3 Results
The near-the-money $70 straddle implies a move of nearly 10%, or $7 in either direction, by the end of the week. Netflix shares closed at $69.85, down 1%.
Options traders are positioning for a sizable move as Netflix Inc. prepares to report results. Its shares closed at $69.85, down 1%. The near-the-money $70 straddle implies a move of nearly 10%, or $7 in either direction, by the end of the week.