Netflix And It's Ten For One Reverse Stock Split

November 17, 2025

No longer is Netflix a $1,000 stock. Now the common man can buy it. That's the new logic. Today Netflix is now trading after a "ten-for-one-reverse-stock-split". Netflix was up $8.51 last week when it was trading at it's old level of over $1,000 per share. Perhaps the street was buying in last week on the hopes that a new wave of buyers will be buying in at this weeks newly adjusted price. Now this, it's five day chart.

Now this weeks Call and Put options an hour or so into the opening markets.

Whatever happens it's not going to be a comfortable ride. Maybe it could go both ways.

Now it's end of day readings.

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Here is how the markets closed the day.

The now current question is which way will this stock trade on an upward day? One unusual factor is that the open interest in the Puts far outweighs the open interest in the Calls. To me that's counter intuitive. To me that looks like trap for all the Put holders. Usually there are more Calls than Puts outstanding. I don't like any of this because the market makers are well aware of this heightened interest in this "once-in-a-blue-moon" occurance. To me it feels that what should happen in most situations is now not going to happen. Like they often say on the "Dragon Den", "For that reason I am out". Let's watch to see what happens. I will track thee options until the end of the week. What do you think is going to happen? Now Tuesday morning. Logic has returned. The Put holders are getting squeezed.

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Tha Calls are up and the Puts are down. That is no suprise. Might the interest now shift to the $112.00 Puts?

600 plus point drops this early in the day might pull this stock back down. To be continued. A look 58 minutes later.

$1.30 has gone to $163.00. Now this at 2:20 p.m. The game has changed again. The D.J.I.A is rebounding.

The 110 Calls we were looking at back at $2.28 at 10:09 a.m. this morning are now at $4.64. What happened? Well the DJIA was down 634 points back at 10:14 a.m. and it is now down only 275 points.

Now let us skip a day and catch Friday's action. First at look at it's new chart.

Here is how one series of Calls and Puts closed the market on Thursday. It's really all a game controlled by the option markers as to which way the stock is going to trade. On Monday a whole bunch of Put holders got burnt and todays action (Friday) will most likely be of trying to keep this stock steady to let as many Calls and Puts as possible disapoint.