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Mark R. Hake, CFA

Netflix Stock Still Looks Like Good Value for Value Investors

Netflix (NFLX) stock is well off its highs and is good value now. NFLX is trading for $374.31 in morning trading on Friday, Oct. 6, which is well below its Sept. 11 high of $445.36 and the year-to-date high of $477.59 on July 19. 

However, given Netflix's huge free cash flow (FCF), investors expect good results for Q3, expected to come out on Oct. 18. As a result, this is good for income plays like selling short out-of-the-money (OTM) put and calls options in near-term expiration periods.

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