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Home›US Markets›Options›Options traders turn bullish ahead of Netflix earnings

Options traders turn bullish ahead of Netflix earnings

Reported · Written up by our desk · Options

CNBC Markets reports that options traders are positioning for a rebound at Netflix ahead of the streaming company’s earnings on Thursday.

The outlook highlighted in the options market is notably bullish, signaling traders are betting that results could help support a comeback quarter.

CNBC World also pointed to the same shift in trading sentiment as investors look to Netflix’s upcoming earnings release.

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Sources

CNBC MarketsTraders are betting on a comeback quarter for Netflix
CNBC WorldTraders are betting on a comeback quarter for Netflix

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