From Yahoo Finance: 2025-04-17 12:10:00

The Schwab Network discusses a “neutral to bullish” options trade on Netflix (NFLX) ahead of its earnings release. The trade involves selling the $900 put and buying the $875 put, with a net premium of $5 and a break-even point of $895.

Rick Ducat, Schwab’s Lead Market Technician, analyzes NFLX’s technicals, noting the stock’s movement above key moving averages and its Relative Strength Index breaking above 50.

Ducat sees NFLX potentially reaching $1,000 and its all-time high of $1,064. Key support levels include $950, $934, and $825, with the latter representing a “double bottom.”

While NFLX shows promise, AI stocks may offer higher returns in a shorter timeframe. Consider exploring AI stocks for potential opportunities.

Read more: Schwab Network Unveils “Example” Options Trade Involving NFLX