Netflix Stock Split: New Opportunities for Investors

Netflixs recent ten-for-one stock split has opened up new opportunities for investors, making it easier to engage in income-generating trading strategies. Analysts believe the stock is undervalued, with some estimating its true value at around one hundred thirty-seven dollars and forty cents per share. Forty-nine analysts surveyed by Yahoo Finance agree, with an average price target of one hundred thirty-four dollars and forty-four cents. A potential strategy involves selling one-month put options with a strike price two point four percent lower than the current trading price, offering a yield of about two point one percent and a safety net with a breakeven point four point four two percent below the current closing price.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.