Autocalls in peril as Netflix breaches downside barriers
Options liquidity keeps hedging panic at bay as some investors double down on volatile tech stocks
Sharp falls in the stocks of big tech names such as Netflix and Tesla could halt coupon payments on popular autocallable notes and leave investors exposed to principal losses, though dealers insist there will be no repeat of the hedging failures that have plagued the products in the past.
Netflix fell 25% on January 21 after reporting disappointing subscriber growth and is down more than 35% year
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