Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $140.00 short put and a strike $135.00 long put offers a potential 47.49% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $140.00 by expiration. The full premium credit of $1.61 would be kept by the premium seller. The risk of $3.39 would be incurred if the stock dropped below the $135.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Netflix is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Netflix is bullish.
The RSI indicator is at 71.55 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Netflix
FANG Stocks Facebook, Amazon, Netflix, Alphabet May Be Losing Bite
Tue, 31 Jan 2017 10:45:00 GMT
TheStreet – The charts are showing some problems for these momentum movers.
Fired: Trump dumps top lawyer who defied immigration order
Tue, 31 Jan 2017 04:07:45 GMT
Reuters – U.S. President Donald Trump fired top federal government lawyer Sally Yates on Monday after she took the extraordinarily rare step of defying the White House and refused to defend new travel restrictions targeting seven Muslim-majority nations. It was another dramatic twist in the unusually raucous roll-out of Trump's directive that put a 120-day hold on allowing refugees into the country, an indefinite ban on refugees from Syria and a 90-day bar on citizens from Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen. The Friday night ban prompted protests and chaos at airports on the weekend as customs officials struggled to put the order into practise, and the fallout spread to U.S. markets on Monday, where stocks suffered their biggest drop of 2017 and companies affected by the change spoke out against it.
These engineers rigged a device to let you control Netflix with your mind
Tue, 31 Jan 2017 01:06:00 GMT
FANG Stocks: Google Undercuts Buy Point; Amazon, Facebook Test Theirs
Mon, 30 Jan 2017 22:34:47 GMT
Tech CEOs Speak Out Against Trump's Travel Ban
Mon, 30 Jan 2017 22:26:04 GMT
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