NFLX Jun 2024 550.000 put
| Previous close | 2.8100 |
| Open | 2.4500 |
| Bid | 2.4900 |
| Ask | 2.7300 |
| Strike | 550.00 |
| Expiry date | 2024-06-21 |
| Day's range | 2.2000 - 2.6700 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.47k |
- Yahoo Finance Video
Netflix-NFL deal is about 'prestige': Analyst
Netflix announced it will be the home of Christmas Day football games through 2026. Comscore Senior Media Analyst Paul Dergarabedian joins Catalysts to discuss the move and the streaming company's dip into the sports world. "People will know where to go on Christmas Day, particularly those who are Netflix subscribers. And Christmas Day is typically a huge day for Netflix," Dergarabedian explains. As families gather together for the holiday, Netflix will likely get a spike in concurrent viewers interested in the big game, he notes. This move, however, won't be Netflix's first sports offering. The company will be home to the highly anticipated boxing match between Mike Tyson and Jake Paul on July 20. In addition, Netflix signed a deal with WWE (TKO) to move "Monday Night RAW" onto the streaming platform. "The immediacy of live events is what makes it such a draw for audiences," Dergarabedian says of sports programming. He adds that Netflix's move into live sports is about prestige: "It's about maintaining subscribers, adding new subscribers through the prestige and high profile nature of something like the NFL and NFL games." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
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