Netflix's (NFLX) earnings are to be released tomorrow, January 19th. Alex Coffey and Jenny Horne discuss NFLX. They talk about how NFLX's ad supported tier has not had the subscription growth that the company expected. They also compare NFLX to Disney (DIS). They also note that NFLX had a pretty big subscriber loss in 2022 that they never recovered from. Alex then demonstrates an example trade using NFLX. The trade type is a sell a call vertical and the direction is neutral to bearish.
19 Jan 2023