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Netflix Stock Today: This Options Trade Has Two Ways To Win

Netflix Stock Today: This Options Trade Has Two Ways To Win

Netflix is back above the 50-day moving average and is showing an improvement in relative strength. Currently, Netflix stock shows a 91 Relative Strength Rating on a scale of 1 to 99. Sell to open the NFLX June 21-expiring put option with a strike price of 570, which recently traded around $6.60 per share.