According to @KobeissiLetter, Netflix NFLX announced a 10-for-1 stock split and shares are trading sharply higher, indicating immediate bullish momentum in the name, source: @KobeissiLetter. By definition, a 10-for-1 split increases share count by 10 times and reduces the price per share by one-tenth on the effective date, which affects quoted prices and order sizing, source: SEC Investor.gov. Equity options on NFLX are adjusted for stock splits via standard contract adjustments handled by the Options Clearing Corporation, impacting strikes and contract multipliers for existing positions, source: Options Clearing Corporation. The source did not provide the split effective date or additional corporate action details, so traders should monitor official company communications and exchange notices for implementation timing, source: @KobeissiLetter. The source made no mention of cryptocurrency market implications and did not reference BTC or ETH, indicating no stated direct crypto linkage in this announcement, source: @KobeissiLetter.