Netflix is up more than 100 percent this year and has more room to run, trader says
https://www.cnbc.com/2018/07/05/netflix-up-more-than-100-percent-this-year-has-more-room-to-run.html
Netflix shares have been on fire this year, up 107 percent. As the company gears up to report earnings in a little more than a week, one trader is betting the rally could continue.
Todd Gordon, founder of TradingAnalysis.com, noted that Netflix shares are in a “very nice uptrend” ahead of its report on July 16. He wants to get long the stock using options ahead of the event. Here’s how he’s doing it: