Fri, Jan 30, 2015, 2:18 PM EST - U.S. Markets close in 1 hr 42 mins

Recent

% | $
Quotes you view appear here for quick access.

Netflix, Inc. (NFLX) Message Board

  • nw2000_ca nw2000_ca Apr 4, 2013 3:11 PM Flag

    Weekly options expire tomorrow. Employment Situation will be out in the morning.

    By purchasing the 170-strike calls at a volume-weighted average price (VWAP) of $2.78, the traders will profit if Netflix, Inc. (NASDAQ:NFLX) climbs back atop the $172.28 level (strike plus VWAP) by tomorrow's closing bell. Meanwhile, the VWAP of the 175-strike calls was $1.28, indicating a breakeven of $176.28 for the buyers. Risk is capped at the initial premium paid for the contracts.

    At last check, NFLX is testing the waters in the $168.30 neighborhood, home to its ascending 60-day moving average. Over the past three months, the equity has outperformed the broader S&P 500 Index (SPX) by nearly 72 percentage points, but took a breather yesterday, which some analysts attribute to the aforementioned Icahn-related rumors.

    Despite the stock's longer-term uptrend, though, Wall Street remains skeptical of Netflix, Inc. (NASDAQ:NFLX). The equity boasts just six "strong buy" endorsements, compared to 17 tepid "holds" and four "sell" or worse ratings. Plus, the consensus 12-month price target of $141.44 represents a serious discount to Netflix Inc.'s current price. Should the stock rebound off of trendline support, a flood of upbeat analyst attention could help the shares resume their quest for new highs.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
NFLX
446.08+2.28(+0.51%)2:18 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.