The Acquirers Podcast on $NFLX (Oct 29, 2026)

Have you ever looked at Netflix ? Okay . Yes, and in the "Value Options" bulletin, there were some trades on Netflix stock.

I remember talking about Netflix when it was trading at a very high valuation , and I remember saying that I thought YouTube was worth much more than Netflix.

Then, you know, with Netflix, the same thing that happened with a lot of the big networks happens, where you get a lot of political or exotic stories that don't necessarily fit what people want to see.

This could be a bit controversial. You don't get the same variety. You don't really need to sit and watch those programs to enjoy them.

Stranger Things was a really great TV series. As for " Squid Game," they haven't achieved such overwhelming success recently. A few seasons have passed. Do you think a blockbuster movie will bring them back into the spotlight? Is this what they need?

No, I don't think that's the solution. I think they need more change. I really don't know. I think live programs are useful in retaining subscribers , but I think they need a few successful acts.

They definitely need to get back to where they were.

I remember when I started watching Netflix, I loved a lot of their international work. For example, they had some really great programs in Italy. I loved the Italian mafia series called " Gomorrah".

It's my favorite TV series. It was absolutely fantastic. There is another series called " Suburra". They also had some good German works. But I don't see much of this type of content anymore.

I feel that this exists on other networks more often at the moment . Now things are a little different . A lot of similar content. They have a lot of documentaries that I feel I've already seen, like the one about Mike Tyson and others.

I have already seen those things . And the series " The Last Dance," as you know.

But I think their rating is very attractive, Toby. I think that at this price they can return to producing strong content. I don't think they've lost their edge in terms of their ability to produce good content.

They need someone of Taylor Sheridan's caliber just to... yes. He produces some successful works. I mean, that guy did a great job with Paramount.

Yes, when they achieve great success, they seem to be able to produce a lot of political content that doesn't seem to have a really large market. But I wonder, when they come under a little pressure and start to become more commercial, and start to produce content with mass appeal?

I think that's what will happen, and they will have to become more commercial in every sense, with a slightly wider distribution.

But I think I agree with you. I think the evaluation has become somewhat interesting here. I think the free cash flow return the last time I looked at it was around 4%, which, as you know, is a little less

Therefore, it is likely to grow even more. The last time he reached this level was probably in 2011. However, it has clearly seen a lot of growth since then, and there isn't much growth left now, but I still think it's probably going to grow faster than GDP for a long time.

Very good cash flow return here. The problems are solvable. It is a very high- yield business . So, it's one of those things where I don't have a stake, but I think it's an interesting stock to look at.

But I agree with you that their biggest threat, and certainly the main competitor for my time, is YouTube. It's much better to watch YouTube because it can delve into your interests much narrower and deeper, rather than the broad, superficial content offered by Netflix.

so the options are good on Netflix. We have made some trades in the Value Options message. The puts have a good premium because the stock was very volatile.

That's why I like the wheel strategy; If your option is exercised, you can sell covered call options , and for a stock like Netflix, I do n't think it distributes dividends, or if it does, it's a small amount.

You can get some upside protection for the stock by collecting a premium from covered call options. It's a good stock. But there is a little bit of repurchase, which I see as the most effective way to do it.