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Netflix stock options traders are ready for a big move after earnings

July 16, 2020

Traders of Netflix Inc. stock options are prepared for a big move on Friday, in reaction to the streaming video giant’s much anticipated earnings report.

Netflix’s stock NFLX, -7.13% has been on a roll this year, as many see the company as a beneficiary of stay-at-home and other lockdown measures put in place to combat the COVID-19 pandemic. Investors get a peek into how much the company has actually benefited when it reports second-quarter results after Thursday’s closing bell.