The Netflix Gamble: What a Bullish Turn in Options Trading Reveals About Wall Street's Appetite for Risk The market's shift towards optimism about Netflix is more than just fleeting; it reflects investors' willingness to take on risk, even as the stock continues to struggle with its core business.
A surge in call options and decline of put options suggests that traders are betting big on a comeback quarter for the embattled streaming giant.
Netflix's dismal track record over the past year is a stark contrast to this recent bullishness.