Financial giants have made a conspicuous bearish move on Netflix. Our analysis of options history for Netflix (NASDAQ:NFLX) revealed 69 unusual trades.
Delving into the details, we found 27% of traders were bullish, while 42% showed bearish tendencies. Out of all the trades we spotted, 24 were puts, with a value of $1,441,061, and 45 were calls, valued at $4,159,225.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $700.0 and $1300.0 for Netflix, spanning the last three months.
Volume & Open Interest Development
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Netflix's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Netflix's substantial trades, within a strike price spectrum from $700.0 to $1300.0 over the preceding 30 days.
Netflix Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NFLX | CALL | SWEEP | BEARISH | 07/18/25 | $137.75 | $134.75 | $134.75 | $1020.00 | $404.2K | 333 | 32 |
| NFLX | PUT | SWEEP | NEUTRAL | 08/15/25 | $46.05 | $45.2 | $45.2 | $1000.00 | $226.0K | 284 | 52 |
| NFLX | CALL | SWEEP | BULLISH | 05/02/25 | $18.0 | $17.65 | $18.0 | $1100.00 | $201.6K | 1.9K | 444 |
| NFLX | CALL | SWEEP | BEARISH | 05/02/25 | $8.6 | $8.0 | $8.11 | $1125.00 | $168.4K | 1.4K | 933 |
| NFLX | PUT | TRADE | BEARISH | 06/20/25 | $46.25 | $45.45 | $46.25 | $1090.00 | $115.6K | 261 | 157 |
About Netflix
Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
In light of the recent options history for Netflix, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Netflix Standing Right Now?
- With a volume of 1,146,293, the price of NFLX is up 0.21% at $1112.71.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 79 days.
Expert Opinions on Netflix
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $1194.4.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Wells Fargo persists with their Overweight rating on Netflix, maintaining a target price of $1222. * Maintaining their stance, an analyst from Macquarie continues to hold a Outperform rating for Netflix, targeting a price of $1200. * Maintaining their stance, an analyst from Wedbush continues to hold a Outperform rating for Netflix, targeting a price of $1200. * Consistent in their evaluation, an analyst from BMO Capital keeps a Outperform rating on Netflix with a target price of $1200. * An analyst from Piper Sandler persists with their Overweight rating on Netflix, maintaining a target price of $1150.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Netflix with Benzinga Pro for real-time alerts.
Latest Ratings for NFLX
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Apr 2025 | Evercore ISI Group | Maintains | Outperform | Outperform |
| Apr 2025 | Macquarie | Maintains | Outperform | Outperform |
| Apr 2025 | Wedbush | Maintains | Outperform | Outperform |
View More Analyst Ratings for NFLX
View the Latest Analyst Ratings
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
