NFLX Nov 22, Gameplan Short! Expected Opening: Netflix (NFLX) is anticipated to open at $474.39.
Projected Range: Throughout the day, based on recent volatility, it might fluctuate between $465.09 and $484.81, suggesting a potential swing of +/- $9.86 (+/-2.08%).
Possible Movement: If it hits the extreme points, the estimated range could be around 4.15%.
Support and Resistance: There's no evident resistance above, and support is noted at accumulated volume @ $412.24, around 13.20% below the current price, making the risk-reward ratio seem favorable.
Insider Trading: Insiders at Netflix have been selling more shares than buying recently, which is often seen as a negative signal, with 221.7 thousand shares bought and 321.66 thousand shares sold in the last 100 trades. The last trade, made by Barton Richard N, was a purchase of 280 shares 14 days ago, but in general, there's more selling than buying among insiders.