TradingKey – Netflix Successfully Halts Decline and Rebounds Ahead of Earnings; With Bulls Entering, Can It Continue to Surge Past $80?

On October 20 Eastern Time, Netflix (NFLX) will release its third-quarter (Q3) 2026 earnings report after U.S. market close. Ahead of the announcement, Netflix’s stock price rose slightly to return above $70. However, can Netflix bulls leverage the momentum to break through the $80 mark?

According to derivatives market data, the options market is pricing in a volatility of approximately ±7.3% for this earnings report. If earnings exceed expectations and trigger a bullish breakout, a 7.3% boost on top of $70 would directly push the stock price toward $75–$76, placing it just one step away from the $80…