Netflix is up more than 100 percent this year and has more room to run, trader says

Netflix is up more than 100 percent this year and has more room to run, trader says

6 years ago
Anonymous $cyhBy-qkd5

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: