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Barchart
Will Ashworth

Netflix’s Unusual Options Activity: Was It the Bullish Signal Investors Were Waiting For or a Dead Cat Bounce?

Netflix Warner Bros NFLX Paramount Skydance Ted Sarandos WBD Paramount Warner Bros Discovery

Netflix (NFLX) remains locked in a tug-of-war with Paramount Skydance (PSKY) over Warner Bros. Discovery’s (WBD) best assets, including HBO and Warner Bros. Studios.

History has numerous examples of lengthy takeover battles that benefited the loser rather than the ultimate victor. To the victor, the spoils often do not follow. 

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