Netflix Stock Is Soaring, as Traders Expect Higher Sub Growth

Netflix (NFLX) stock has been rising almost 26% in the past month and over 42.4% year-to-date. One reason has been that investors suspect subscriber growth will come in higher than expected, given the launch of its new shared password project. 

This may make the stock look cheap to some investors, especially to traders in out-of-the-money (OTM) puts. They are able to generate good income plays with near-term OTM plays.