Option News Today — October 21, 2026

Traders are focusing on a couple of major players in the tech and entertainment industries as they position themselves ahead of key earnings reports. Netflix's stock has been on a wild ride lately, but options traders appear to be betting that the drama may be coming to an end. This could be a sign that investors are growing more confident in the company's prospects, or that the worst of the volatility is behind it.

Meanwhile, all eyes are on SpaceX as the company prepares to report its earnings after the bell. Options traders are placing bets on what they expect from the report, and it's clear that there is a lot of anticipation around the company's performance. With these two major players in the spotlight, traders are likely to be watching closely to see how their earnings reports impact the broader market, and whether they can live up to the hype and expectations that have been building up.

Today's signal:
• Traders are betting Netflix's stock drama may be coming to an end (cnbc.com)
• What options traders expect from SpaceX earnings after the bell (cnbc.com)
• SpaceX reports after the bell. Here's what options traders expect (cnbc.com)