Netflix에 대한 매도 수량은 투자자에게 Netflix의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Netflix (NASDAQ:NFLX) 주식, 공매도 수량 보고

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 275 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.

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미국 주식시장은 화요일에 혼조세로 마감했다. 다우존스 지수는 0.4% 하락하여 41,606.18로 마감했다. 반면, S&amp;P 500 지수는 0.03% 상승하여 5,634.58로, 나스닥 지수는 0.2% 상승하여 17,628.06로 마감했다.

화요일 주목받은 주식 5종목: 인튜이티브 머신스, 넷플릭스, 리 오토, 트럼프 미디어 및 테슬라

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스트리밍 플랫폼과 관련하여 소비자에게는 다양한 옵션이 있다. 새로운 트래픽 데이터는 스트리밍 부문에서 승자 한 명과 근소한 2위 성과자를 가리킬 수 있다.

넷플릭스 vs 디즈니: 인터넷 트래픽은 두 기업 중 하나를 승자로, 둘 다 경쟁사들을 압도

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리얼리티 TV 쇼의 전 세계적인 매력을 높이기 위해 스트리밍 거대 기업인 넷플릭스(NASDAQ:NFLX)는 더빙 및 번역 품질을 향상시키기 위해 성우들에게 문화 교육을 제공하고 있는 것으로 알려졌다.

넷플릭스는 한국을 테스트 베드로 활용하여 더빙된 리얼리티 쇼로 시청률 향상 노력

Netflix Inc

NETFLIX ORD

As the 2024 elections heat up, a look at the data reveals that publicly traded companies are indirectly supporting cannabis legalization efforts by funneling millions of dollars into Democratic candidates&#8217; campaigns.&nbsp;
This alignment could prove significant for the industry, particularly as Democratic candidate <a href="https://www.benzinga.com/markets/cannabis/24/09/41106120/kamala-harris-we-need-to-legalize-cannabis-vp-says-for-first-time-as-presidential-candidate-in-a">Kamala Harris</a> reiterated that cannabis should be legalized nationwide.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/09/41106120/kamala-harris-we-need-to-legalize-cannabis-vp-says-for-first-time-as-presidential-candidate-in-a">Kamala Harris: &#8216;We Need to Legalize&#8217; Cannabis, VP Says For First Time As Presidential Candidate In &#8216;All The Smoke&#8217; Podcast</a>
<ul>
<li>Get Benzinga&#8217;s exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter&nbsp;<a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. You can't afford to miss out if you&#8217;re serious about the business.</li>
</ul>
<h3 class="wp-block-heading">Corporate Giants </h3>
Big-name companies like Google (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) are among those whose employees have poured large sums into Democratic coffers.&nbsp;
According to <a href="https://www.quiverquant.com/">Quiver Quantitative</a>, a data platform that tracks political donations, Google&#8217;s workforce contributed $4.1 million to Democrats, compared to just $629,778 to <a href="https://www.benzinga.com/markets/cannabis/24/09/40879364/young-republicans-break-ranks-to-back-cannabis-legalization-is-the-gop-ready-for-a-shift-in-the-">Republicans</a>. Similarly, Microsoft employees sent $3.45 million to Democrats, dwarfing their $876,320 to Republicans.&nbsp;
Netflix stands out with $4.47 million exclusively to Democrats, revealing a clear preference among tech giants.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="560" height="591" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/01183749/election-donations.jpg" alt="" class="wp-image-575612" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/01183749/election-donations.jpg 560w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/01183749/election-donations-284x300.jpg 284w" sizes="(max-width: 560px) 100vw, 560px" /><figcaption class="wp-element-caption">Image via<a href="https://www.instagram.com/p/DAjbdT3yITo/"> Quiver Quantitative </a></figcaption></figure>
<h3 class="wp-block-heading">Financial Industry Weighs In</h3>
Financial powerhouses like Blackstone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) and Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) also show their leanings. Blackstone, traditionally seen as conservative, donated over $1 million to Democrats but still favored Republicans with over $6 million.&nbsp;
Meanwhile, Charles Schwab employees contributed $2.98 million solely to Democratic campaigns.
<h3 class="wp-block-heading">Democratic Funding </h3>
With over $20 million directed toward Democratic<a href="https://www.benzinga.com/markets/cannabis/24/09/40712816/what-trump-learned-about-marijuana-that-desantis-did-not-and-why-the-gop-might-become-weed-frien"> candidates </a>across industries, cannabis legalization could receive a much-needed push.&nbsp;
Notably, contributions from companies like Palantir (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) and Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) demonstrate the industry&#8217;s broader support, with Palantir employees donating $2.26 million to Democrats, compared to $1.05 million to Republicans.
Read Next: <a href="https://www.benzinga.com/markets/cannabis/24/09/40753138/how-google-ai-and-digital-marketing-are-changing-weed-retailing-for-good-how-you-can-and-should-">How Google, AI, And Digital Marketing Are Changing Weed Retailing For Good, How You Can And Should Adapt</a>
Disclaimer: This data, includes donations to all PACs as of September 30, mapped to parties based on their expenditures. It is heavily influenced by company executives, who often make multi-million dollar Super PAC donations. Donations to PACs with mixed expenditures between parties are not included.

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How Google, Microsoft And Netflix Are Fueling Cannabis Legalization With Millions In Donations

Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), Warner Bros. Discovery, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) HBO Go and Walt Disney Co.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) Disney+ were affected by a law signed by President Ferdinand Marcos Jr. on Wednesday imposed a <a href="https://www.pna.gov.ph/articles/1234557" target="_blank" rel="noreferrer noopener">12% value-added tax</a> (VAT) on non-resident digital service providers to bring them up to par with local providers.
The law also affected Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, Spotify Technology SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) and Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
The VAT on foreign digital services will likely contribute 105 billion pesos in revenue in the next five years.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/40840759/charter-warner-bros-deal-warner-adds-max-to-spectrum-tv-charter-pays-more-for-premium-channels" rel="noreferrer noopener">Charter-Warner Bros Deal: Warner Adds Max To Spectrum TV, Charter Pays More For Premium Channels</a>
Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. said the collected taxes go to the government&#8217;s infrastructure and social welfare services programs.
Streaming giant Netflix&#8217;s stock has increased 87% in the past 12 months as it continues to win market share with its diverse slate of content. JP Morgan&#8217;s Doug Anmuth highlighted <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40860759/netflixs-ad-tier-expansion-and-password-crackdown-fuel-revenue-growth-jp-morgan-ana" target="_blank" rel="noreferrer noopener">continued margin expansion</a> backed by content, ads and gaming investment. He also projected high-margin revenue from ad-supported tier and paid sharing.
Walt Disney stock is up close to 15% in the past 12 months. Goldman Sachs&nbsp;analyst Michael Ng expects&nbsp;Disney&#8217;s <a href="https://www.benzinga.com/news/24/09/41045649/disney-trims-workforce-by-300-targets-corporate-departments-for-cost-management" target="_blank" rel="noreferrer noopener">box office blockbusters</a>&nbsp;and streaming growth to help offset Experiences and linear weakness.
Price Actions: At publication Wednesday, Netflix stock was up 0.62% at $710.51 and Disney stock was down 0.29% at $93.78.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41052867/disneys-streaming-surge-epic-games-deal-among-key-growth-drivers-says-analyst" target="_blank" rel="noreferrer noopener">Disney&#8217;s Streaming Surge, Epic Games Deal Among Key Growth Drivers, Says Analyst</a></li>
</ul>
Photo: Shutterstock

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Netflix, Disney+, Amazon Hit By Philippine's New 12% Tax On Digital Providers

Streaming giant Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) could have some of its most anticipated content released with two NFL games and the release of "Squid Game&#8221; season two in December, content that an analyst said could help boost the future <a href="https://www.benzinga.com/general/entertainment/24/08/40112559/squid-game-season-2-ignites-august-buzz-with-netflixs-christmas-lineup-including-nfl-games">valuation of the stock.</a>
The Netflix Analyst: KeyBanc Capital Markets analyst Justin Patterson reiterated an Overweight rating and raised the price target from $735 to $760.
Read Also: <a href="https://www.benzinga.com/general/entertainment/24/09/41007601/vince-mcmahon-slams-netflix-breaks-17-month-silence-on-upcoming-docuseries-about-wwe-career">Vince McMahon Slams Netflix, Breaks 17-Month Silence On Upcoming Docuseries About WWE Career: It Will &#8216;Leave Viewers Confused&#8217;</a>
The Netflix Takeaways: While most attention for Netflix will be on the upcoming third-quarter results on Oct. 17, Patterson highlights the company's fourth-quarter content slate and the potential for increased earnings per share in fiscal 2025 and fiscal 2026.
"We believe Netflix's strengthening content slate should drive better viewership and support improved monetization," Patterson said.
The analyst said the third-quarter results and fourth-quarter guidance may not contain any surprises, but the company's content catalysts "are weighted toward the end of 4Q."
Netflix will air two National Football League games on Dec. 25 and premiere the highly anticipated second season of "Squid Game" on Dec. 26, the analyst added.
"As content ramps and pricing levels are pulled, we see potential for EPS of $24/$30 in 2025E/2026E."
Patterson predicts Netflix will add 5.5 million net paid adds in the third quarter, which is higher than Street consensus estimates of 4.3 million net adds.
"Given NFL Christmas Day games and Squid Game 2 occur late in the quarter, we expect Netflix to take a conservative stance within guidance."
The analyst said Netflix raising prices wouldn't come as a surprise as the streaming company is now at a lower price point for rival ad-supported plans and in line with most rival ad-free plans.
"We believe raising prices on both the ad-supported and standard price plans could alleviate concerns about ad ARPU dilution and support 2025 revenue growth in the low-teens."
Other areas to watch in Netflix's upcoming report include the AdTech stack progress of the company's proprietary platform, an update on advertising revenue and margins, according to the analyst.
"Unless there is a price increase or a material net add slowdown, we do not expect much reaction on this print. Most investors we speak with are comfortable with Netflix's competitive position and aware that content catalysts are coming."
NFLX Price Action: Netflix stock is down 0.60% to $705.02 on Tuesday versus a 52-week trading range of $344.73 to $725.56. Netflix stock is up 50% year-to-date in 2024.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/07/39849026/netflix-q2-earnings-highlights-revenue-beat-eps-beat-advertising-revenue-more-meaningful-squid-game">Netflix Q2 Earnings Highlights: Revenue Beat, EPS Beat, Advertising Revenue &#8216;More Meaningful,&#8217; &#8216;Squid Game&#8217; Multiplayer Game Coming</a></li>
</ul>
Photo: Shutterstock

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Netflix Stock Could Get Boost From NFL Games, 'Squid Game' Season 2: Analyst Says 'Content Catalysts' Begin In Q4

Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) has outperformed the market over the past 20 years by 24.42% on an annualized basis producing an average annual return of 32.86%. Currently, Netflix has a market capitalization of $301.63 billion. 
Buying $100 In NFLX: If an investor had bought $100 of NFLX stock 20 years ago, it would be worth $28,049.49 today based on a price of $702.84 for NFLX at the time of writing.
<h3>Netflix's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727798420_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Netflix Stock In The Last 20 Years

Keybanc analyst Justin Patterson maintains Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) with a Overweight and raises the price target from $735 to $760.

Keybanc Maintains Overweight on Netflix, Raises Price Target to $760

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>RDDT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$66.00</td>
<td>$40.2K</td>
<td>847</td>
<td>5.7K</td>
</tr>
<tr>
<td>META</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$570.00</td>
<td>$35.9K</td>
<td>1.8K</td>
<td>4.0K</td>
</tr>
<tr>
<td>BILI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$24.00</td>
<td>$42.0K</td>
<td>10.8K</td>
<td>2.0K</td>
</tr>
<tr>
<td>BIDU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$100.00</td>
<td>$31.3K</td>
<td>547</td>
<td>878</td>
</tr>
<tr>
<td>DJT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$15.50</td>
<td>$38.6K</td>
<td>145</td>
<td>298</td>
</tr>
<tr>
<td>VZ</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$45.00</td>
<td>$27.9K</td>
<td>353</td>
<td>193</td>
</tr>
<tr>
<td>ROKU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$80.00</td>
<td>$29.2K</td>
<td>594</td>
<td>82</td>
</tr>
<tr>
<td>RBLX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$47.50</td>
<td>$25.4K</td>
<td>2.9K</td>
<td>40</td>
</tr>
<tr>
<td>TMUS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/25/24</td>
<td>$200.00</td>
<td>$25.9K</td>
<td>27</td>
<td>32</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$720.00</td>
<td>$50.7K</td>
<td>358</td>
<td>17</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding RDDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>), we observe a put option sweep with bearish sentiment. It expires in 18 day(s) on October 18, 2024. Parties traded 115 contract(s) at a $66.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $40.2K, with a price of $350.0 per contract. There were 847 open contracts at this strike prior to today, and today 5771 contract(s) were bought and sold. 
• For META (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on October 4, 2024. This event was a transfer of 51 contract(s) at a $570.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $35.9K, with a price of $702.0 per contract. There were 1810 open contracts at this strike prior to today, and today 4028 contract(s) were bought and sold. 
• For BILI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BILI#NASDAQ">BILI</a>), we notice a call option sweep that happens to be bullish, expiring in 109 day(s) on January 17, 2025. This event was a transfer of 98 contract(s) at a $24.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $42.0K, with a price of $440.0 per contract. There were 10828 open contracts at this strike prior to today, and today 2084 contract(s) were bought and sold. 
• Regarding BIDU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), we observe a put option sweep with bearish sentiment. It expires in 18 day(s) on October 18, 2024. Parties traded 145 contract(s) at a $100.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $31.3K, with a price of $216.0 per contract. There were 547 open contracts at this strike prior to today, and today 878 contract(s) were bought and sold. 
• Regarding DJT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>), we observe a call option sweep with bearish sentiment. It expires in 18 day(s) on October 18, 2024. Parties traded 183 contract(s) at a $15.50 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $38.6K, with a price of $211.0 per contract. There were 145 open contracts at this strike prior to today, and today 298 contract(s) were bought and sold. 
• Regarding VZ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), we observe a put option trade with bearish sentiment. It expires in 172 day(s) on March 21, 2025. Parties traded 100 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $27.9K, with a price of $279.0 per contract. There were 353 open contracts at this strike prior to today, and today 193 contract(s) were bought and sold. 
• For ROKU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>), we notice a put option sweep that happens to be bullish, expiring in 18 day(s) on October 18, 2024. This event was a transfer of 45 contract(s) at a $80.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $650.0 per contract. There were 594 open contracts at this strike prior to today, and today 82 contract(s) were bought and sold. 
• For RBLX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>), we notice a put option trade that happens to be bearish, expiring in 81 day(s) on December 20, 2024. This event was a transfer of 40 contract(s) at a $47.50 strike. The total cost received by the writing party (or parties) was $25.4K, with a price of $635.0 per contract. There were 2932 open contracts at this strike prior to today, and today 40 contract(s) were bought and sold. 
• Regarding TMUS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), we observe a call option trade with bearish sentiment. It expires in 25 day(s) on October 25, 2024. Parties traded 27 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $25.9K, with a price of $960.0 per contract. There were 27 open contracts at this strike prior to today, and today 32 contract(s) were bought and sold. 
• For NFLX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), we notice a call option trade that happens to be bullish, expiring in 81 day(s) on December 20, 2024. This event was a transfer of 12 contract(s) at a $720.00 strike. The total cost received by the writing party (or parties) was $50.7K, with a price of $4230.0 per contract. There were 358 open contracts at this strike prior to today, and today 17 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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BIDU

BILI

RBLX

RDDT

ROKU

TMUS

10 Communication Services Stocks With Whale Alerts In Today's Session

Deep-pocketed investors have adopted a bearish approach towards Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in NFLX usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 12 extraordinary options activities for Netflix. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 33% leaning bullish and 50% bearish. Among these notable options, 6 are puts, totaling $221,715, and 6 are calls, amounting to $835,455.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $680.0 and $765.0 for Netflix, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Netflix's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Netflix's significant trades, within a strike price range of $680.0 to $765.0, over the past month.
<h3>Netflix 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727703958_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$131.4</td>
<td>$129.6</td>
<td>$129.6</td>
<td>$700.00</td>
<td>$648.0K</td>
<td>121</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$62.05</td>
<td>$59.6</td>
<td>$60.4</td>
<td>$700.00</td>
<td>$60.4K</td>
<td>1.5K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>NFLX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$35.8</td>
<td>$35.2</td>
<td>$35.2</td>
<td>$680.00</td>
<td>$56.3K</td>
<td>831</td>
<td style="text-align: right;">16</td>
</tr>
<tr>
<td>NFLX</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$44.15</td>
<td>$42.95</td>
<td>$43.6</td>
<td>$700.00</td>
<td>$43.6K</td>
<td>775</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$39.55</td>
<td>$37.95</td>
<td>$38.7</td>
<td>$710.00</td>
<td>$38.7K</td>
<td>374</td>
<td style="text-align: right;">10</td>
</tr>
</tbody>
</table>

<h3>About Netflix</h3>
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 275 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, 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.
<h3>Current Position of Netflix</h3>
<ul>
<li>With a volume of 63,082, the price of NFLX is down -0.41% at $704.47. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 17 days.</li>
</ul>
<h3>Expert Opinions on Netflix</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $635.0.
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. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Rosenblatt persists with their Neutral rating on Netflix, maintaining a target price of $635. 
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 <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Check Out What Whales Are Doing With NFLX

Note: This story has been updated to correct the spelling of The Information.
In July, Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) reportedly witnessed a surge in subscription cancellations after co-founder Reed Hastings announced that he is supporting Democratic nominee Kamala Harris.
On Sunday, Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and SpaceX CEO Elon Musk highlighted this news, highlighting the alleged political donation bias among Netflix employees.
What Happened: Over the weekend, Bloomberg columnist Lucas Shaw <a href="https://www.bloomberg.com/news/newsletters/2024-09-29/netflix-nflx-users-cancel-after-reed-hastings-donates-to-kamala-harris">cited</a> researcher Antenna stating that Netflix&#8217;s cancellation rate nearly tripled in the U.S. after Hastings publicly endorsed Harris.
The Netflix co-founder <a href="https://www.theinformation.com/articles/reed-hastings-backs-pro-kamala-harris-pac-with-7-million-donation">revealed</a> to The Information a $7 million donation to a pro-Harris super PAC.
Following this announcement, several Netflix subscribers who were also Trump supporters initiated a #CancelNetflix campaign, resulting in the worst single day for Netflix cancellations this year.
See Also: <a href="https://www.benzinga.com/news/24/09/41082363/heres-how-elon-musk-has-become-a-pro-trump-political-influencer-through-social-media">Here&#8217;s How Elon Musk Has Become A Pro-Trump Political Influencer Through Social Media</a>
Musk shared the news on X, formerly Twitter, and shared an image showing employee donations in 2024.
The image cited Quiver Quantitative as the source of numbers indicating that 100% of donations from Netflix employees favored the Democratic Party.
While sharing the image, Musk said, "Donations by Netflix employees could not be more lopsided in favor of the Democratic Party (~100%)."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Donations by Netflix employees could not be more lopsided in favor of the Democratic Party (~100%) <a href="https://t.co/JGZPcB8i7o">https://t.co/JGZPcB8i7o</a> <a href="https://t.co/zz0WNbghpi">pic.twitter.com/zz0WNbghpi</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1840555072461103295?ref_src=twsrc%5Etfw">September 30, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
According to the Quiver website, 99.94% of the total PAC contribution by Netflix goes to Democrats.
Interestingly, the image shared by Musk also showed employees of Intercontinental Exchange (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICE#NYSE">ICE</a>), donating 100% of the amount to only one party, but in their case, it was the Republicans.
As per the Quiver website, 99.36% of the PAC donation by ICE goes to Republicans and 0.64% to Democrats.
Why It Matters: Earlier this month, it was reported that in August Musk made his <a href="https://www.benzinga.com/news/24/09/40969728/elon-musk-boosts-house-republicans-with-record-289-100-donation">largest-known donation</a>, $289,100 to boost House Republicans' efforts.
In July also it was reported that the tech mogul, who is currently the wealthiest person on Earth with a net worth of $272 billion, <a href="https://www.benzinga.com/general/politics/24/07/39760652/biden-vs-trump-elon-musk-reportedly-donates-sizable-amount-to-ex-presidents-campaign-expert-call">donated to a super PAC</a> supporting Republican nominee Trump.
However, as per reports, despite Musk's support for Trump, <a href="https://www.benzinga.com/24/09/40935662/while-elon-musk-backs-trump-for-the-white-house-his-teams-at-tesla-x-and-spacex-are-supporting-kamal">employees at his companies</a> including Tesla, X, and SpaceX back Harris.
Two Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) co-founders Peter Thiel and Joe Lonsdale have also <a href="https://www.benzinga.com/general/politics/24/06/39557155/palantir-co-founders-thiel-lonsdale-back-trump-in-2024-election-id-rather-have-him-than-biden">publicly announced</a> their support for Trump, but the former has made it clear that he <a href="https://www.benzinga.com/news/24/09/40890158/palantir-co-founder-peter-thiel-didnt-write-a-check-to-trump-and-doesnt-think-2024-will-be-close-kam">won't be donating</a> any money during this year's election.
According to the Quiver site, Palantir PAC contributions are divided in 68.28% and 31.72% ratio, with the larger part going to Republicans.
Previously, it was reported that <a href="https://www.benzinga.com/news/24/09/40890158/palantir-co-founder-peter-thiel-didnt-write-a-check-to-trump-and-doesnt-think-2024-will-be-close-kam">Harris had surpassed Trump</a> in the race for campaign funds.
Image via Shutterstock
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Elon Musk Targets 'Lopsided' Anti-Trump Donations By Netflix Employees As Cancellations Soared After Co-Founder Reed Hastings Donated To Kamala Harris (CORRECTED)

<a href="https://about.netflix.com/en/news/hitoshi-one-signs-exclusive-partnership" title="https://about.netflix.com/en/news/hitoshi-one-signs-exclusive-partnership">https://about.netflix.com/en/news/hitoshi-one-signs-exclusive-partnership</a>

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Netflix Inks Exclusive Five-Year Partnership with Japanese Director Hitoshi One

Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is reviewing its movie strategy, part of a turnaround strategy by its Hollywood studio leaders, Zack Van Amburg&nbsp;and&nbsp;Jamie Erlicht, to contain costs.
Apple plans to produce a dozen movies annually, most of which will cost less than $100 million, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-09-27/apple-movies-won-t-be-coming-to-theaters-anytime-soon?sref=TBDibEcD" rel="noreferrer noopener">cites</a> familiar sources.
<a target="_blank" href="https://www.benzinga.com/24/03/37558754/apples-1b-gamble-on-3-blockbusters-analyzing-box-office-results-streaming-impact-and-oscar-nominatio" rel="noreferrer noopener">Reportedly, Apple spent</a> $700 million on the three blockbuster movies Killers of the Flower Moon, Napoleon, and Argylle, which grossed $470.4 million globally.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39673877/movie-theater-analyst-sizes-up-amc-cinemark-and-more-predicts-box-office-rebound-in" rel="noreferrer noopener">Movie Theater Analyst Sizes Up AMC, Cinemark And More, Predicts &#8216;Box Office Rebound In 2025&#8217;</a>
Apple&#8217;s George Clooney&nbsp;and&nbsp;Brad Pitt-starring action comedy Wolfs began streaming on Apple TV+ after debuting in limited venues. Apple is considering a similar strategy for subsequent releases, including the World War II drama&nbsp;Blitz.
However, the streaming business emerged as a battleground led by Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), with Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) and Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) fighting for market share.
Netflix had a market share of 22% in subscription video-on-demand (SVOD) services in the second quarter of 2024. Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) streaming service Disney+ followed with a market share of 11% and Apple TV+ at 9%, as per&nbsp;<a target="_blank" href="https://www.statista.com/statistics/496011/usa-svod-to-tv-streaming-usage/" rel="noreferrer noopener">Statista</a>.
Netflix spends $17 billion <a target="_blank" href="https://www.benzinga.com/24/03/37896107/netflix-cfo-spence-neumann-discusses-companys-growth-strategy-and-future" rel="noreferrer noopener">annually on content</a> and eyes over $600 billion in revenue opportunity.
Disney scored a big win in 2024 with proven franchises Deadpool &amp; Wolverine, grossing $1.32 billion, and Inside Out 2 clocking $1.69 billion globally, according to <a target="_blank" href="https://www.boxofficemojo.com/year/world/2024/" rel="noreferrer noopener">Box Office Mojo</a>.
Comcast Corp&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) Despicable Me 4, another proven franchise, grossed $0.95 billion. Apple&#8217;s next theatrical release, F1, starring Pitt, is slated for June.
Price Action: AAPL stock is up 0.18% at $227.94 at the last check on Friday.
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Image via Shutterstock

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Apple's Reviews Strategy, Cuts Film Budgets After Blockbuster Spend - What's Next for Apple TV+?

DirecTV and Dish Network are reportedly in advanced talks to merge, potentially creating the largest U.S. pay-TV provider, with around 20 million subscribers. If completed, the deal could be announced in the coming days, the Wall Street Journal reported.
According to <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-09-26/directv-dish-are-said-close-to-clinching-merger-agreement" rel="noreferrer noopener">Bloomberg</a>, DirecTV, owned by AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) and TPG Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TPG#NASDAQ">TPG</a>), will control the newly formed entity, though details are still under negotiation.
The two companies have been steadily losing customers, with viewers opting for cheaper, more flexible streaming services such as Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>).
A merger would help DirecTV and EchoStar Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>), Dish&#8217;s owner, better compete with streaming services while addressing Dish&#8217;s rising debt levels.
Charlie Ergen, co-founder of Dish, has long sought this combination, though regulatory concerns hindered previous merger attempts. However, shifting from traditional pay TV to streaming may change regulators&#8217; stance.
According to the WSJ report, DirecTV currently <a target="_blank" href="https://www.wsj.com/business/media/directv-and-dish-near-deal-that-has-eluded-them-for-years-04238d00?mod=latest_headlines" rel="noreferrer noopener">serves</a> about 11 million customers, while Dish has 8 million, which is down significantly from its peak a decade ago.
The pay-TV industry has faced mounting challenges as viewers transition to streaming, with U.S. subscribers falling from 104 million in 2015 to less than 70 million in 2023. Both companies seek ways to cut costs and adapt to the rapidly evolving entertainment landscape.
A deal would also include Dish&#8217;s streaming brand, Sling TV, offering a broader range of services under the merged entity.
AT&amp;T previously spun off DirecTV in 2021, moving it into a joint venture with TPG. The telecom giant took a $15.5 billion impairment charge in 2020 to account for subscriber losses, while Dish has shifted focus to building a wireless network, accumulating debt in the process.
Regulatory hurdles remain a concern, particularly in rural areas where satellite TV has been a dominant service.
Price Action: At last check Friday, SATS stock was up 4.62% to $26.95&nbsp;during the premarket session. T stock was up 0.18% to $21.69.
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Image via DirecTV

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Struggling Satellite-TV Players DirecTV And Dish Merger Could Be Finalized Soon: WSJ

Twilio Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/twlo#NYSE">TWLO</a>) provides developers and businesses tools and products to enhance their communications with customers. Its cloud communication-as-a-service (CPaaS) platform offers basic services like voice, email, and SMS messaging to more advanced interactive services like video, artificial intelligence (AI) chatbots, voice application programming interfaces (APIs), and identity authentication. Gartner ranked it as a CPaaS leader in its Magic Quadrant for the second year in 2024. Twilio has leveraged AI into its services to provide more flexibility and enhance experiences.
The computer and technology sector leader has well-known clients, including the top streaming service Netflix Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nflx#NASDAQ">NFLX</a>), Airbnb Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/abnb#NASDAQ">ABNB</a>), and rideshare duopolies Uber Technologies Inc.&nbsp;and Lyft Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lyft#NASDAQ">LYFT</a>). It competes with 8X8 Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eght#NASDAQ">EGHT</a>).
<h2>The Value Proposition of CPaaS </h2>
On the surface, CPaaS may not seem like a big deal, especially as an end user.&nbsp;However, the benefit of CPaaS, like most&nbsp;as-a-service platforms (aaS), is not having to bear the expense of in-house building, managing, maintaining, and upgrading the complex hardware and software infrastructure. This and the ability to scale the services to millions of customers are the major value propositions. Businesses use CPaaS to embed communication channels like voice calls, video, email, and text messaging into their mobile apps. Consumers often take these services for granted because they are commonplace these days.
For example, If you&#39;ve ever ordered an Uber or Lyft ride through their mobile apps, Twilio&#39;s platform enables the rideshare app to:
<ul>
<li>Send an SMS notification when a driver has been found.</li>
<li>Provide real-time location updates notifying you the driver is on the way and has arrived.</li>
<li>Enables driver and passenger communication features like calling and texting if you&#39;re wondering where the driver is.</li>
<li>Enables text, email, and voice calling options to contact customer service if there&#39;s a problem.</li>
</ul>
<h2>Rich Communication Services (RCS) Is a Game Changer</h2>
Twilio offers RCS, enabling businesses to take their text messaging to the next level without users downloading more apps. RCS enables companies to send rich media like videos, images, logos, and pictures in text messages. It can include buttons, links, or other triggers enabling the end user to take an action like making a payment, voting, or booking an appointment. It provides a more interactive and branded communication experience with customers, ultimately leading to an improved customer experience and higher conversion rates.
<h2>Twilio Leverages AI Services Like Auto Pilot and Flex Insights </h2>
Twilio offers its tools and services as APIs that companies and developers can customize to refine their brand and use cases. AI products like Autopilot let developers create, train, and customize interactive voice response (IVR) systems and intelligent AI chatbots that can engage customers, understand natural language, automate tasks, and authenticate and transfer customers to the right agents. Flex Insights monitors and analyzes conversations between customers and agents to provide data analytics, sentiment analysis, and transcription services to optimize workflows for and with agents.
<h2>Twilio&#39;s Recovery Is Taking Shape </h2>
Twilio&#39;s second-quarter of 2024 results indicate that business is recovering. The company reported a 17 cents EPS beat, coming in at 87 cents. Revenues grew 4.4% YoY to $1.08 billion, which also beat consensus estimates of $1.06 billion. They grew their active customer accounts to over 316,000 in the quarter compared to 304,000 in the year-ago period. The company has $800 million left in its $2 billion share buyback program, which it will complete by year&#39;s end.
The company issued Q3 2024 EPS of 81 to 86 cents versus 74 cents consensus estimates. Twilio expected revenues of $1.085 billion to $1.095 billion versus $1.09 billion consensus estimates. For fiscal 2024, Twilio is raising its non-GAAP income from operations, which ranges from $650 million to $670 million, up from the previous forecast of $585 million to $635 million. Organic revenue growth was narrowed to 6% to 7% compared to 5% to 10% previously forecast.
<h2>TWLO Stock Is in an Ascending Triangle Pattern </h2>
An ascending triangle is a bullish pattern comprised of a flat-top upper trendline resistance indicating the supply overhand. The ascending (rising) trendline is formed by higher lows, indicating rising demand. A breakout occurs when the stock surges through the upper trendline, whereas a breakdown occurs if the stock falls below the ascending trendline.
<img alt="Twilio TWLO stock chart" class="aligncenter" src="https://www.marketbeat.com/logos/articles/med_20240922163137_chartq-twlo.jpg" style="height:748px; width:915px" />
TWLO has an upper trendline resistance at $63.91. The stock has been recovering since the $52.51 swing low. The anchored VWAP support is steadily rising at $58.86. As TWLO rises to test the flat-top resistance, it also has the potential to reach the lower gap-fill level at $64.89. The upper gap fill would occur if TWLO rises to $68.85. The daily relative strength index (RSI) is rising to the 61-band. Fibonacci (Fib) pullback support levels are at $61.47, $59.56, $56.86, and $53.81.
Twilio&#39;s average consensus price target is $70.52, and its highest analyst price target is $110.00. &nbsp;
Bullish investors can buy on pullbacks using cash-secured puts at the fib pullback support levels to buy the dip and write covered calls at fib extensions to execute a wheel strategy for income.
By implementing a bullish call debit spread, bullish options investors can limit maximum downside and profit from modest upside gains for less capital than owning the stock.
The article &quot;<a href="https://www.marketbeat.com/originals/seize-the-growth-twilios-ai-innovations-are-driving-huge-upside/">Seize the Growth: Twilio&#39;s AI Innovations Are Driving Huge Upside</a>&quot; first appeared on MarketBeat.

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TWLO

Seize the Growth: Twilio's AI Innovations Are Driving Huge Upside

Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) has let go of at least 300 employees across multiple corporate departments.
&#8220;We continually evaluate ways to invest in our businesses and more effectively manage our resources and costs to fuel the state-of-the-art creativity and innovation that consumers value and expect from Disney,&#8221; Variety <a target="_blank" href="https://variety.com/2024/biz/news/disney-layoffs-corporate-level-employees-1236156212/" rel="noreferrer noopener">cites</a> a company representative.
The layoffs affected human resources, legal, finance and other departments in the U.S.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40946689/disney-faces-more-change-ahead-as-espn-dtc-launch-will-accelerate-cord-cutting-nba-" rel="noreferrer noopener">Disney Faces &#8216;More Change Ahead&#8217; As ESPN DTC Launch Will Accelerate Cord Cutting: NBA Rights, College Football Offer Upside, Analyst Says</a>
In July, Disney laid off about 140 employees in its television division, representing about 3% of its workforce. In May,&nbsp;Pixar laid off 175 workers, about 14% of its headcount.
Disney reported <a href="https://www.benzinga.com/news/earnings/24/08/40218880/disneys-q3-earnings-revenue-and-eps-beat-streaming-business-turns-profitable-strong-espn-revenue-bo" target="_blank" rel="noreferrer noopener">fiscal third-quarter 2024</a> topline growth of 4% to $23.16 billion, just managing to beat the analyst estimate of $23.11 billion. 
The company&#8217;s recent attempts to unlock value include expanding its paid sharing program for Disney+ <a href="https://www.benzinga.com/general/entertainment/24/09/41033449/whats-going-on-with-walt-disney-stock-today" target="_blank" rel="noreferrer noopener">in multiple regions</a> and tapping Academy Award-winning filmmaker Jared Bush as Chief Creative Officer (CCO) of Walt Disney Animation Studios. The company forged a <a href="https://www.benzinga.com/news/24/09/40946183/disney-strikes-first-look-deal-with-spider-man-director-jon-watts-report" target="_blank" rel="noreferrer noopener">first-look deal</a> with the Spider-Man franchise&#8217;s famed director, Jon Watts.
Goldman Sachs analyst Michael Ng expects <a target="_blank" href="https://www.benzinga.com/general/entertainment/24/09/41034366/disney-stock-could-benefit-from-box-office-strength-streaming-analyst-says-dtc-set-for-cont" rel="noreferrer noopener">Disney&#8217;s box office blockbusters</a> and streaming growth to help offset Experiences and linear weakness, putting Direct-to-Consumer on track for continued growth.&nbsp;Disney Marvel&#8217;s 2024 release &#8220;Deadpool &amp; Wolverine&#8221; has earned $1.22 billion in global sales, according to a&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/09/40946183/disney-strikes-first-look-deal-with-spider-man-director-jon-watts-report" rel="noreferrer noopener">September 5 report</a>.
Walt Disney stock is up over 17% in the last 12 months. Streaming giant Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) is up over 90%.
Price Actions: DIS stock is up 0.51% at $94.40 premarket at&nbsp;the last check Thursday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40749524/disney-data-leak-exposes-sensitive-info-streaming-and-park-revenue-report" target="_blank" rel="noreferrer noopener">Disney Data Leak Exposes Sensitive Info, Streaming And Park Revenue: Report</a></li>
</ul>
Image via Shutterstock

Disney Trims Workforce By 300, Targets Corporate Departments for Cost Management

eBay Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ebay#NASDAQ">EBAY</a>) is the world&#39;s largest online auction site connecting buyers and sellers worldwide. It was one of the first consumer-to-consumer (C2C) online auction sites on the internet, and it&#39;s nearing its 30th birthday. eBay is no longer the hypergrowth e-commerce stock it once was; it is a stable and steady blue-chip internet stock that remains profitable with a solid balance sheet and liquidity. Its shares are coming off a 52-week high.
eBay operates in the computer and technology sector and competes with online auction and eCommerce marketplaces, including Etsy Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/etsy#NASDAQ">ETSY</a>), Amazon.com Inc., Mercari Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/mcary#OTC">MCARY</a>) and Alibaba Group Holding Ltd.
<h2>Capitalizing on the Collectibles Market </h2>
eBay is one of the largest sites for collectibles auctions and sales. It charges a 13% fee to sellers for sold items. Hobbyists and collectors of comic books, Funko Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fnko#NASDAQ">FNKO</a>), Funko Pops, trading cards, sneakers, handbags, watches, and antiques from all over the world gather to bid on collectible items. Collectibles was the second largest contributor to gross merchandise volume (GMV) in its second-quarter of 2024 earnings report.
<h2>Partnering With PSA: Grading and Authentication </h2>
eBay has made several deals with Collectors, the parent company of Professional Sports Authenticator (PSA). PSA is a widely used third-party grading and authentication service that focuses on authenticating, grading, and encapsulating trading cards, autographs, toys, and Funko Pops. Graded cards sell for much more money than raw cards. eBay transferred trading card assets to the PSA vault for holding. PSA customers can easily sell their graded and encapsulated cards from the PSA vault on eBay at any time without having to wait for their cards to be shipped back to them to ship out to the buyers.
eBay also completed the acquisition of Goldin Auctions, a premium auction house for collectibles, from Collectors. Goldin has gained mainstream popularity thanks to its Netflix Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nflx#NASDAQ">NFLX</a>) series &quot;King of Collectibles&quot;&nbsp;which is&nbsp;streaming for&nbsp;a second season.
<h2>Refurbished Inventory and Authentication Guarantee Growth </h2>
eBay expanded its refurbished service to include golf clubs. It&#39;s launched stores for brands and original equipment manufacturers (OEMs) like Dyson to sell their refurbished inventory. Seagate Technologies Holdings plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/stx#NASDAQ">STX</a>) is responsible for direct sales of its factory-recertified hard drives. It has also reached a milestone in its Authentication Guarantee Program. It has authenticated its 10th million items since its inception, including a pair of Air Jordan 1 Low Lucky Green sneakers in its Las Vegas facility.
eBay has also launched a &quot;click-to-resell&quot; button with Certilogo, an AI-powered pre-owned clothing authentication provider. eBay is the largest pre-owned clothing and merchandise marketplace, benefiting from the off-brand consumer shopping tailwinds.
<h2>Investments in AI and ML Are Paying Off </h2>
eBay&#39;s investments in AI are paying off as it deployed its first supercomputer. It gives them the capacity to build and refine larger LLMs on trillions of tokens. Its supercomputer is on par with the top 50 supercomputers in the world in terms of computing speed and petaflops. Its generative AI offerings are helping sellers better list their items, creating more detailed item descriptions. eBay launched a generative AI-powered discovery feature called Shop the Look for fashion buyers. This feature lets eBay curate personalized outfits of new and pre-owned apparel and luxury items that match a user&#39;s style and preferences.
<h2>Magical Listings Are a Game Changer </h2>
One of the major friction points and bottlenecks for sellers is the time-consuming task of listing items for sale on eBay. The seller has to complete a number of tasks that include creating a compelling description along with the title, item details, category selections, pricing and shipping options. eBay&#39;s AI-powered Magical Listing Tool automates the listing process as soon as the seller uploads a picture of the item to be sold. The tool will automatically create the description and fill in the details, which the seller overlooks and confirms before going live. Currently, Magical Listings is still in beta.
eBay CEO Jamie Iannone commented, &quot;After fully rolling out generative AI descriptions, we are continuing to test and iterate on the next phase of our magical listing experience, which leverages user-uploaded product images to help sellers fill in the category, title, and other item aspects for a listing. A subset of sellers are testing this experience in beta, and we are leveraging their feedback and expertise to train our models and expand coverage to a broader range of categories.
<h2>eBay&#39;s Steady Eddie Single-Digit Growth Quarter </h2>
eBay reported Q2 2024 EPS of $1.18, which beat consensus analyst expectations by 5 cents. Revenues rose 1.3% YoY to $2.57 billion versus $2.53 billion consensus estimates. GAAP net income was $226 million, while non-GAAP net income was $602 million. eBay generated $367 million of operating cash flow and $278 million of free cash flow.
GMV was up 1% to $18.4 billion. Active buyers were flat YoY at 132 million. eBay Motors Parts and Accessories (P&amp;A) segment had the highest GMV in the quarter, followed by Collectibles. Non-GAAP operating margins came in at 27.9%, higher than the 27.6% upper end of guidance. Advertising revenue grew 12% YoY as total ad revenue rose to 2.2% of GMV.
The company bought back $1 billion of stock in the quarter, or 19 million shares. There is still $1.9 billion remaining in its buyback program. After paying out $135 million in cash dividends, eBay closed the quarter with $6.3 billion in cash and cash equivalents.
<h2>eBay Issues Mixed Guidance </h2>
The company expects third-quarter 2024 EPS of $1.15 to $1.20, beating $1.13 consensus estimates. Revenues are expected between $2.50 billion and $2.56 billion, versus $2.54 billion consensus estimates.
<h2>EBAY Stock Forms a Potential Bull Flag Set-Up </h2>
A bull flag forms when the stock surges through its upper descending trendline resistance, which moves parallel to its descending lower trendline support after peaking its flag pole run up at a swing high.
<img alt="eBay EBAY stock chart" class="aligncenter" src="https://www.marketbeat.com/logos/articles/med_20240922164924_chartq-ebay.jpg" style="height:744px; width:915px" />
EBAY formed its swing high at $64.96, shy of the highest analyst price target of $65.00. The flagpole commenced with parallel descending (falling) upper and lower trendlines. A market structure high (MSH) sell trigger also forms under $63.02. The daily relative strength index (RSI) is slipping to the 65-band. Fibonacci (Fib) pullback support levels are at $60.82, $56.98, $56.63, and $55.29.
eBay&#39;s average consensus price target is $56.90, and its highest analyst price target is $65.00. &nbsp;
EBAY stock recently peaked off its highest analyst price target at $65.00. Its consensus price target is 9% lower at $56.90. However, if a bull flag triggers, it may also be setting up its next leg higher. Bullish investors can enter on pullbacks using cash-secured puts at the fib pullback support levels to buy the dip. &nbsp;
By implementing a bullish call debit spread, bullish options investors can limit the downside and profit from modest upside gains for less capital than owning the stock.
The article &quot;<a href="https://www.marketbeat.com/originals/why-ebay-stock-is-the-steady-performer-you-cant-ignore/">Why eBay Stock Is the Steady Performer You Can&#39;t Ignore</a>&quot; first appeared on MarketBeat.

Earnings

Guidance

Dividends

Offerings

EBAY

ETSY

FNKO

MCARY

Why eBay Stock Is the Steady Performer You Can't Ignore

Deep-pocketed investors have adopted a bullish approach towards Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in NFLX usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 45 extraordinary options activities for Netflix. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 44% leaning bullish and 33% bearish. Among these notable options, 11 are puts, totaling $553,757, and 34 are calls, amounting to $7,432,892.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $430.0 to $965.0 for Netflix over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of Netflix stands at 434.61, with a total volume reaching 6,921.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Netflix, situated within the strike price corridor from $430.0 to $965.0, throughout the last 30 days.
<h3>Netflix 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727277343_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$49.6</td>
<td>$48.2</td>
<td>$49.05</td>
<td>$675.00</td>
<td>$4.9M</td>
<td style="text-align: right;">91</td>
<td>1.0K</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$88.3</td>
<td>$86.9</td>
<td>$86.9</td>
<td>$640.00</td>
<td>$608.3K</td>
<td style="text-align: right;">577</td>
<td>130</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$150.0</td>
<td>$148.5</td>
<td>$150.0</td>
<td>$600.00</td>
<td>$450.0K</td>
<td style="text-align: right;">38</td>
<td>0</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$59.05</td>
<td>$58.4</td>
<td>$58.4</td>
<td>$680.00</td>
<td>$192.4K</td>
<td style="text-align: right;">715</td>
<td>33</td>
</tr>
<tr>
<td>NFLX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$257.0</td>
<td>$254.15</td>
<td>$254.65</td>
<td>$965.00</td>
<td>$127.3K</td>
<td style="text-align: right;">0</td>
<td>5</td>
</tr>
</tbody>
</table>

<h3>About Netflix</h3>
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 275 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
After a thorough review of the options trading surrounding Netflix, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Netflix</h3>
<ul>
<li>With a trading volume of 826,159, the price of NFLX is up by 0.16%, reaching $723.39.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 22 days from now.</li>
</ul>
<h3>Expert Opinions on Netflix</h3>
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $761.6666666666666.
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. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Pivotal Research has decided to maintain their Buy rating on Netflix, which currently sits at a price target of $900. 
&#x2A; Maintaining their stance, an analyst from Rosenblatt continues to hold a Neutral rating for Netflix, targeting a price of $635. 
&#x2A; An analyst from Evercore ISI Group persists with their Outperform rating on Netflix, maintaining a target price of $750. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Netflix options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Market Whales and Their Recent Bets on NFLX Options

Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) co-founder Bill Gates highlights the use cases for ChatGPT during his Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) docuseries, which recently premiered on <a href="https://www.benzinga.com/general/entertainment/24/09/40738801/lady-gaga-mark-cuban-bernie-sanders-fauci-and-more-join-bill-gates-netflix-special-i-have-a">the streaming platform.</a>
What Happened: Microsoft is <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/01/30527688/microsoft-ramps-efforts-to-build-ai-supercomputer-with-chatgpt-ahead-of-q2-earnings">a key investor</a> in ChatGPT parent company OpenAI. So, it may not be a huge surprise that Gates is a fan of the AI chatbot.
During an episode of the new docuseries "What's Next? The Future With Bill Gates," Gates asks ChatGPT to recommend exercises he can do while in the office.
"You know, I'm often learning about topics, and ChatGPT is an excellent way to get explanations for specific questions," Gates <a href="https://www.theverge.com/24235730/bill-gates-ai-climate-change-energy-tech-microsoft-netflix">told </a>The Verge. "I'm often writing things, and it's a huge help in writing."
Gates said the ChatGPT feature he uses the most is meeting summaries, which are integrated with Microsoft Teams.
"I use it a lot,&#8221; he said. &#8220;The ability to interact and not just get the summary, but ask questions about the meeting, is pretty fantastic."
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent092424">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Why It's Important: Gates&#8217; using ChatGPT on the Netflix series could generate increased exposure to the chatbot and may serve as a strong endorsement for the AI chatbot.
Gates, who served as Microsoft CEO from 1975 to 2000, is currently a technology advisor to the Redmond, Washington-based company. He often shares his <a href="https://www.forbes.com/sites/alexkonrad/2023/02/06/bill-gates-openai-microsoft-ai-hottest-topic-2023/">perspective</a> on AI strategy and the partnership with OpenAI.
"It's strengthening the OpenAI relationship, doing a lot of its own," Gates said of Microsoft. "The amount of investment by Microsoft and others in the field, it's hard to overstate."
Check This Out:
<ul>
<li>Lawmakers Made Huge Investments This Year. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent092424">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Image: Shutterstock

Bill Gates Uses ChatGPT Daily: Microsoft Founder Shares What He Loves Most About AI Chatbot

<a href="https://www.benzinga.com/topic/wwe">Longtime WWE CEO</a> Vince McMahon voiced his frustration with how he is being portrayed in an upcoming Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) series.
What Happened: In a <a href="https://x.com/VinceMcMahon/status/1838320734579441946">tweet</a>, McMahon's first post on X.com since April 3, 2023, the 79-year-old wrestling promoter didn&#8217;t seem pleased with an early cut of the series set to premiere Wednesday, Sept. 25.
"I don't regret participating in this Netflix documentary. The producers had an opportunity to tell an objective story about my life and the incredible business I built, which were equally filled with excitement, drama, fun, and a fair amount of controversy and life lessons. Unfortunately, based on an early partial cut I've seen, this doc falls short and takes the predictable path of conflating the ‘Mr. McMahon' character with my true self, Vince. The title and promos alone make that evident," McMahon said.
See below.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://t.co/feI8wah51u">pic.twitter.com/feI8wah51u</a>
&mdash; Vince McMahon (@VinceMcMahon) <a href="https://twitter.com/VinceMcMahon/status/1838320734579441946?ref_src=twsrc%5Etfw">September 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/earnings/24/07/39849026/netflix-q2-earnings-highlights-revenue-beat-eps-beat-advertising-revenue-more-meaningful-squid-game">Netflix Q2 Earnings Highlights: Revenue Beat, EPS Beat, Advertising Revenue &#8216;More Meaningful,&#8217; &#8216;Squid Game&#8217; Multiplayer Game Coming</a>
Netflix is set to release the six-part docuseries "Mr. McMahon" on Sept. 25.
For about four decades, McMahon led World Wrestling Entertainment, or WWE, through various eras — including the peak of its popularity in the 1980s. But a series of controversies over the last two years led the legendary wrestling promoter to step down as CEO, retire from the company, <a href="https://www.benzinga.com/m-a/23/04/31637325/emanuel-mcmahon-tout-knockout-deal-and-next-evolution-of-wwe-this-is-ufc-2-0">sell the company</a>, come back as executive chairman and leave the company once again.
Netflix began producing the series in 2020, before some of the controversies about McMahon came to light. McMahon resigned as WWE CEO in 2022 after reports emerged that he had paid millions in hush money to women over alleged affairs and sexual misconduct.
"WWE experienced record-breaking highs and crushing lows under Vince McMahon's leadership. This docuseries delves into the mogul's controversial reign," Netflix <a href="https://www.netflix.com/tudum/articles/mr-mcmahon-release-date-trailer-news">states</a>. 
McMahon, one of several former and current wrestling personalities interviewed for the series, says Netflix misrepresents items and leaves important items out "in an effort to leave viewers intentionally confused."
"The producers use typical editing tricks with out of context footage and dated soundbites etc. to distort the viewers' perception and support a deceptive narrative,&#8221; he says. 
McMahon hopes viewers of the new series can "keep and open mind and remember that there are two sides to every story."
Read Also: <a href="https://www.benzinga.com/general/entertainment/24/01/36748991/dwayne-johnson-pins-down-the-rock-trademark-after-wwe-netflix-deal-my-crazy-life-is-coming-">Dwayne Johnson Pins Down &#8216;The Rock&#8217; Trademark After WWE-Netflix Deal: &#8216;My Crazy Life Is Coming Full Circle&#8217;</a>
Why It Matters: WWE <a href="https://www.benzinga.com/general/entertainment/23/09/34455843/wwe-and-ufc-merge-on-tuesday-heres-what-you-need-to-know">merged with the parent company </a>of UFC last year. The two sports leagues were later spun out as the publicly traded TKO Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKO#NYSE">TKO</a>).
McMahon was named executive chairman of TKO. He <a href="https://www.benzinga.com/markets/equities/24/01/36815487/facing-sex-trafficking-allegations-vince-mcmahon-quits-tko-group-vows-to-preserve-legacy-of-wwe-">stepped down from the board</a> this past January after facing allegations of sex trafficking and sexual assault.
The docuseries also comes ahead of WWE&#8217;s $5 billion, 10-year Netflix deal that<a href="https://www.benzinga.com/general/entertainment/24/01/36738264/netflix-enters-the-ring-clinches-5b-wwe-deal-adds-live-wrestling-to-streaming-lineup"> begins in 2025</a>. The streaming giant will be the home of WWE content like "Monday Night Raw." It will also get access to other shows, series and WWE content.
"Mr. McMahon&#8221; comes from director Chris Smith, who executive produced the Netflix hit &#8220;Tiger King.&#8221; Smith and sportswriter Bill Simmons serve as executive producers on the new series.
"Over the four years of production, the story evolved in truly shocking ways, culminating in some extremely harrowing allegations. The final product is a revealing documentary that we believe offers a rich and nuanced portrait of the man and the complex legacy he left behind," Smith said.
Former and current WWE figures that were interviewed for the series include Hulk Hogan, Dwayne Johnson, Steve Austin, John Cena and Bret Hart are 
Price Action: Netflix stock trades at $707.06 on Tuesday versus a 52-week trading range of $344.73 to $715.66. Netflix stock is up 51% year-to-date in 2024.
TKO stock trades at $121.25 on Tuesday versus a 52-week trading range of $72.34 to $125.49. TKO stock is up 52% year-to-date in 2024.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/entertainment/24/08/40422152/will-trump-body-slam-2024-election-new-transition-team-co-chair-led-wwe-for-decades">Will Trump Body-Slam 2024 Election? New Transition Team Co-Chair Led WWE For Decades</a></li>
</ul>
Image: Shutterstock

Vince McMahon Slams Netflix, Breaks 17-Month Silence On Upcoming Docuseries About WWE Career: It Will 'Leave Viewers Confused'

Live On CNBC, Steve Weiss Announces Trimmed Netflix Position

Whales with a lot of money to spend have taken a noticeably bullish stance on Netflix.
Looking at options history for Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) we detected 34 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 26% with bearish.
From the overall spotted trades, 9 are puts, for a total amount of $416,555 and 25, calls, for a total amount of $8,296,838.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $10.0 to $770.0 for Netflix during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Netflix's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Netflix's whale trades within a strike price range from $10.0 to $770.0 in the last 30 days. 
<h3>Netflix Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727104547_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/19/25</td>
<td>$706.0</td>
<td>$696.0</td>
<td>$701.0</td>
<td>$10.00</td>
<td>$7.0M</td>
<td>286</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$34.25</td>
<td>$33.8</td>
<td>$33.8</td>
<td>$710.00</td>
<td>$101.4K</td>
<td>930</td>
<td style="text-align: right;">61</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$39.9</td>
<td>$39.25</td>
<td>$39.6</td>
<td>$700.00</td>
<td>$95.0K</td>
<td>1.4K</td>
<td style="text-align: right;">93</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$79.95</td>
<td>$79.05</td>
<td>$79.72</td>
<td>$770.00</td>
<td>$79.7K</td>
<td>3</td>
<td style="text-align: right;">51</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$79.7</td>
<td>$78.9</td>
<td>$79.7</td>
<td>$770.00</td>
<td>$79.7K</td>
<td>3</td>
<td style="text-align: right;">10</td>
</tr>
</tbody>
</table>

<h3>About Netflix</h3>
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 275 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
After a thorough review of the options trading surrounding Netflix, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Netflix Standing Right Now?</h3>
<ul>
<li>With a volume of 1,107,110, the price of NFLX is up 1.13% at $708.92. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 24 days.</li>
</ul>
<h3>Expert Opinions on Netflix</h3>
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $761.6666666666666.
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. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Rosenblatt keeps a Neutral rating on Netflix with a target price of $635. 
&#x2A; An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Netflix, which currently sits at a price target of $750. 
&#x2A; Maintaining their stance, an analyst from Pivotal Research continues to hold a Buy rating for Netflix, targeting a price of $900. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Netflix options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Netflix's Options Frenzy: What You Need to Know

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Communication Services sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>META</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$565.00</td>
<td>$25.4K</td>
<td>369</td>
<td>3.3K</td>
</tr>
<tr>
<td>GOOG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$170.00</td>
<td>$39.6K</td>
<td>13.1K</td>
<td>1.7K</td>
</tr>
<tr>
<td>ASTS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$45.00</td>
<td>$70.5K</td>
<td>267</td>
<td>506</td>
</tr>
<tr>
<td>TMUS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$200.00</td>
<td>$29.2K</td>
<td>923</td>
<td>373</td>
</tr>
<tr>
<td>CHTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$240.00</td>
<td>$30.1K</td>
<td>86</td>
<td>366</td>
</tr>
<tr>
<td>RDDT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$60.00</td>
<td>$27.7K</td>
<td>1.6K</td>
<td>152</td>
</tr>
<tr>
<td>TTWO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$155.00</td>
<td>$49.5K</td>
<td>2.9K</td>
<td>67</td>
</tr>
<tr>
<td>DIS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$80.00</td>
<td>$63.7K</td>
<td>525</td>
<td>25</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$440.00</td>
<td>$26.2K</td>
<td>175</td>
<td>5</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For META (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 100 contract(s) at a $565.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $25.4K, with a price of $253.0 per contract. There were 369 open contracts at this strike prior to today, and today 3318 contract(s) were bought and sold. 
• For GOOG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), we notice a call option sweep that happens to be bearish, expiring in 28 day(s) on October 18, 2024. This event was a transfer of 200 contract(s) at a $170.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $39.6K, with a price of $198.0 per contract. There were 13155 open contracts at this strike prior to today, and today 1727 contract(s) were bought and sold. 
• For ASTS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>), we notice a call option trade that happens to be bearish, expiring in 847 day(s) on January 15, 2027. This event was a transfer of 50 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $70.5K, with a price of $1410.0 per contract. There were 267 open contracts at this strike prior to today, and today 506 contract(s) were bought and sold. 
• Regarding TMUS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), we observe a call option sweep with bearish sentiment. It expires in 28 day(s) on October 18, 2024. Parties traded 75 contract(s) at a $200.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $390.0 per contract. There were 923 open contracts at this strike prior to today, and today 373 contract(s) were bought and sold. 
• Regarding CHTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>), we observe a put option sweep with bullish sentiment. It expires in 182 day(s) on March 21, 2025. Parties traded 58 contract(s) at a $240.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $30.1K, with a price of $520.0 per contract. There were 86 open contracts at this strike prior to today, and today 366 contract(s) were bought and sold. 
• For RDDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 50 contract(s) at a $60.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $555.0 per contract. There were 1674 open contracts at this strike prior to today, and today 152 contract(s) were bought and sold. 
• For TTWO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NASDAQ">TTWO</a>), we notice a call option sweep that happens to be bullish, expiring in 119 day(s) on January 17, 2025. This event was a transfer of 63 contract(s) at a $155.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $49.5K, with a price of $786.0 per contract. There were 2964 open contracts at this strike prior to today, and today 67 contract(s) were bought and sold. 
• For DIS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), we notice a call option trade that happens to be bullish, expiring in 819 day(s) on December 18, 2026. This event was a transfer of 25 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $63.7K, with a price of $2550.0 per contract. There were 525 open contracts at this strike prior to today, and today 25 contract(s) were bought and sold. 
• For NFLX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), we notice a call option trade that happens to be bullish, is expiring today. Parties traded 1 contract(s) at a $440.00 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $26200.0 per contract. There were 175 open contracts at this strike prior to today, and today 5 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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