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Dan Nathan's Netflix Trade

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Dan Nathan suggested on CNBC's Options Action investors should consider a bullish options strategy in Netflix, Inc. (NASDAQ: NFLX).

He wants to buy the May 145/165 call spread for a total cost of $5. The trade breaks even at $150 or 6.47 percent above the closing price on Friday and it can maximally make a profit of $15 if the stock jumps to $165 or higher.

Posted-In: CNBC Dan Nathan Options ActionOptions Markets Media Trading Ideas

 

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