Is Amazon.com Going To Buy Netflix?

Avatar:
Author:
Publish date:
Social count:
0

Link

Netflix Inc. gained and bullish options trading jumped to the highest in 11 weeks on speculation that Amazon.com Inc. may acquire the largest U.S. mail-order movie service.

‘There’s heavy call buying and the stock is up on renewed takeover talk, with Amazon being mentioned specifically,’ said Fred Ruffy, the senior options strategist at WhatsTrading.com, a New York-based provider of options market analysis. ‘It’s pretty typical of speculative call buying.’