Netflix (NFLX) Prepares To Expand Into TV-Set Video Games

Netflix (NFLX) is preparing for an expansion in TV-set video games. George Tsilis discusses this as Bloomberg uncovered Netflix code that refers to game play on TVs, using cell phones or controllers. He compares NFLX to other streaming services which include Paramount (PARA), Warner Bros. Discovery (WBD), Walt Disney (DIS), and Roku Inc. (ROKU). He then demonstrates an example trade using NFLX. The trade type is a call spread and the direction is bullish. Tune in to find out more about the stock market today.

Trading 360

30 Mar 2023

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