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Netflix (NFLX) stock has been holding up well since releasing its stellar Q3 earnings on Oct. 18. This is ideal for investors following income plays like selling short out-of-the-money put options.
NFLX closed at $459.89 on Monday, Dec. 11, which is off its highs of $479.00 on Nov. 28, but up from lows of $346.19 on Oct. 18. NFLX stock seems to be in a trading range since its earnings release.