Netflix (NFLX) is showing strong performance, approaching its all-time high (ATH) of $711.33, with a potential to reach $723.40. The stock has been trading well, being the third-best year-to-date performer among major tech stocks, hovering near $700. Analysts are observing key levels at $696-$699 and $707-$711, with options activity indicating bullish sentiment, particularly in the 715c and 720c calls. Netflix's current trading range is 40% of its typical daily range, suggesting a potential breakout if it sustains dips.