I think Netflix (NFLX) is more tradeable in terms of the momentum of the market than it is of the news that came out today, notes Scott Bauer. NFLX is up over 30% year-to-date. Its 52-week high was $485.00 and its low was $211.73. Scott demonstrates an example trade using NFLX. The trade type is an iron condor and the direction is neutral. He talks about how NFLX’s option volatility is the highest it’s been since about July. Tune in to find out more about the stock market today.
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