Alicia Reese helps tune investors in to the latest developments on Netflix (NFLX). She sees revenue continuing to grow for the streaming giant but makes the case it can bolster its ads and ad-supported programs to become a more significant profit engine. She adds that Netflix is in the "very early" stages of expanding its platform into a content superpower to the likes of Walt Disney (DIS). One headwind Alicia points out: Netflix losing the UFC contract to Paramount Skydance (PSKY). Tom White offers investors a pair of example options trades for Netflix.