$NFLX 20261023 63.0 PUT$ Netflix (NFLX): Q3 beat, but guidance is the problem
Bottom line: The stock is down ~4.8% on 2026-10-21 at $65.37, sitting just 2% above its 52-week low of $64.10 — a fresh 52-week low. The trigger is not the reported quarter (which beat on EPS) but soft Q4/FY26 guidance and a cut to the advertising revenue outlook. This is a guidance-driven de-rating layered on an already weak 12-month trend (-30.3%), not a one-day event. | Side | Price | Filled | Realized P&L |
|---|
| Sell Open | 0.14 1Lot(s) | 0.00% Holding |
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