/Netflix%20open%20on%20tablet%20by%20rswebsols%20via%20Pixabay.jpg)
Netflix Inc (NFLX) stock looks attractive to value investors here, given its strong free cash flow. One play that makes sense is shorting 5% out-of-the-money puts. That play yields over 3.0% for an expiry of just over one month. This article will show how to do this play.
NFLX is at $93.48 in midday trading on Friday, March 27. That's up from a recent low after the company walked away from its bid for Warner Bros Discovery (WBD).