Netflix Stock Soars After Earnings Gap-Up; $65 Cash With Bear Call Spread

Netflix Stock Soars Following Earnings, but Can It Sustain the Momentum?

Netflix (NFLX) saw a significant surge in its stock price on Wednesday, following its earnings report, closing up 10.7% in massive volume. However, analysts are skeptical about whether the stock can maintain this upward trajectory in the short term. Traders who share this sentiment may consider a bear call spread strategy.