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Dan Nathan Sees Unusual Options Activity In Netflix

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On CNBC's "Options Action", Dan Nathan spoke about unusual options activity in Netflix, Inc. (NASDAQ: NFLX). He said call options outnumbered puts 1.5 to 1 and there was one trade that caught his attention.

When the stock was trading at $330, a trader bought the July 400 calls for $1.63. The trade breaks even at $401.63 or 21.04 percent higher. Nathan added that the company is going to report earnings in July before the options expire.

Posted-In: CNBC Dan Nathan Options ActionOptions Markets Media


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