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.