Traders Expect a Big Netflix Stock Move After Earnings—Here’s How Much
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Netflix options pricing suggests traders are expecting the stock to move approximately 8.5% up or down after the streaming giant reports first-quarter earnings on Thursday.
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According to a JPMorgan analysis of the S&P 500’s largest stocks and their post-earnings moves, Netflix has been one of the most volatile stocks in the group over the past three years.
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Analysts, citing the likelihood that Netflix can weather the economic fallout from a continuing trade war, are generally bullish on the stock.
Netflix (NFLX) is slated to report first-quarter results after markets close Thursday, and options markets suggest traders are expecting a big stock price move in the following days.
