Mike Khouw Sees Unusual Options Activity In Netflix

On CNBC's "Options Action," Mike Khouw said the options market has generally been optimistic about Netflix, Inc. NFLX and that was true on Monday, as call options outnumbered puts 2-1.

The most active options were the September 370 calls, which expire by the end of the week. Over 15,000 contracts were traded for around $2. The breakeven for the trade is at $372, or 6.18 percent above the current stock price.