Bullish Moves by Whales in Netflix Options

Recently, there has been a noticeable bullish sentiment among wealthy investors, often referred to as "whales," regarding Netflix. Their interest is particularly evident in the options market, where a total of 33 notable trades have been recorded for Netflix (NASDAQ: NFLX).

Analyzing the details of these trades reveals that 48% of the investors initiated positions with optimistic expectations, while 30% opted for bearish strategies. This indicates a mixed sentiment among investors, but the bullish outlook is notably significant.

Among the detected trades, there are 14 put contracts, amounting to $1,062,449, and 19 call options, which totaled $1,184,151. This information sheds light on the financial commitments being made by sophisticated investors in the Netflix market.

Projected Price Targets

By examining the volume and open interest in these options contracts, it appears that major players are forecasting a price range for Netflix between $5.0 and $1110.0 over the last quarter. This price window reflects their expectations and strategies for the company’s stock performance.

Insights into Volume & Open Interest

Volume and open interest data serve as valuable tools for investors to assess the trading activity surrounding Netflix's options. Such metrics can help track liquidity and investor interest for specific strike prices in the options market.

In the table below, the changes in volume and open interest for both call and put options related to Netflix are displayed. This provides a comprehensive overview of whale activity for strike prices ranging from $5.0 to $1110.0 over the past 30 days.

Netflix 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
NFLX	PUT	SWEEP	NEUTRAL	06/20/25	$73.45	$72.65	$72.65	$770.00	$225.5K	5	32
NFLX	CALL	TRADE	BULLISH	10/25/24	$11.7	$11.1	$11.7	$760.00	$222.3K	1.4K	731
NFLX	PUT	TRADE	NEUTRAL	11/15/24	$90.7	$89.35	$90.0	$850.00	$99.0K	116	72
NFLX	PUT	TRADE	NEUTRAL	11/15/24	$89.0	$87.9	$88.45	$850.00	$97.2K	116	57
NFLX	PUT	TRADE	NEUTRAL	11/15/24	$88.4	$87.05	$87.83	$850.00	$96.6K	116	46

About Netflix

Netflix operates with a straightforward business model centered around its streaming service, holding the title of the largest television entertainment subscriber base globally with over 280 million subscribers. The platform has substantial reach across most of the world, excluding China. Historically, Netflix has focused on providing on-demand content such as movies, shows, and documentaries without delving into live broadcasts or sports. Recently, the company has begun to introduce ad-supported subscription options, diversifying its revenue streams beyond traditional subscription fees.

Now, alongside exploring its options activities, it is crucial to evaluate Netflix's current market performance.

Netflix's Current Market Status

• The current trading volume of NFLX stands at 1,678,582, while the stock price has dipped by 0.14%, landing at $762.8.
• Relative Strength Index (RSI) indicators suggest that the stock might be nearing an overbought condition.
• The next earnings report is anticipated in 92 days.

What The Experts Say On Netflix

In the past month, five analysts issued recommendations regarding Netflix, resulting in an average price target of $701.00.

Unusual Options Activity Detected: Smart Money on the Move

Traders focusing on options can engage in high-risk, high-reward strategies. Understanding the market dynamics, learning continuously, and making strategic adjustments can help mitigate these risks. For real-time alerts on Netflix's options trades, platforms like Benzinga Pro are valuable for staying informed.

Market News and Data presented here is for informational purposes only and should not be taken as investment advice.

whales, Netflix, options