Market Overview

Dan Nathan Is A Seller Of Netflix Ahead Of Earnings

Related NFLX
Q4 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios
What Are The Trends In 13Fs Showing Us?
FANG Falls Out Of Favor (TalkMarkets)

On CNBC's "Options Action", Dan Nathan spoke about Netflix, Inc. (NASDAQ: NFLX), ahead of earnings report. The company is going to report earnings on Thursday after the market's close and the options market is implying a move of 8.5 percent in either direction. Over the last four quarters, its average move was 7.5 percent.

Nathan added that the implied move has come down after the huge move higher this week. He thinks the stock is going to trade between $15 to $20 lower and he would sell it.

Posted-In: CNBC Dan Nathan Options ActionOptions Markets Media


Related Articles (NFLX)

View Comments and Join the Discussion!

Barrick Gold, GE, Netflix, XLF: 'Fast Money' Picks For January 17

A Peek Into The Markets: US Stock Futures Down, Morgan Stanley Earnings Miss In Focus