Options Market Statistics: Netflix Shares Hit Record Subscriber Growth Beats Expectations Again; Options Pop
$Netflix(NFLX)$ 's shares jumped 9% in Wednesday's trading, with the most traded calls are contracts of $1000 strike price that expire on Jan 24 and the total volume reaching 29,528 with the open interest of 5,124.
The streaming giant reported a whopping 18.9 million users in the fourth quarter, while revenue and earnings also handily beat expectations. It was the biggest quarterly subscriber gain in the company's history.
"Q4 results were near flawless," Jefferies analyst James Heaney said in a note following the report.
Including Wednesday's price action, Netflix stock has surged about 100% year over year. Shares hit several all-time highs in 2024 as many analysts called Netflix the winner of the hard-fought streaming wars.
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