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Netflix (NASDAQ:NFLX) trades higher ahead of open as options market looks for $7.8 move on earnings
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Netflix (NASDAQ:NFLX) trades higher ahead of open as options market looks for $7.8 move on earnings
Options traders are pricing in a 10.1% move for Netflix shares around its July 16 earnings, wider than recent quarters, as investors eye ad revenue, pricing, and margins; Netflix last traded at $77.38, up 0.5%, with Q2 guidance for $12.57 billion in revenue and a 32.6% operating margin, while leadership changes and competitive pressure add risk. The post Netflix (NASDAQ:NFLX) trades higher ahead of open as options market looks for $7.8 move on e…
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