Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $170.00 short call and a strike $175.00 long call offers a potential 52.91% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $170.00 by expiration. The full premium credit of $1.73 would be kept by the premium seller. The risk of $3.27 would be incurred if the stock rose above the $175.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Netflix is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Netflix is bearish.
The RSI indicator is at 23.81 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
3 Stocks That Turned $8,000 Into at Least $138,000 in 5 Years
Sun, 27 Aug 2017 17:37:00 +0000
Some stocks have outperformed the market, and then there's MGP Ingredients, Acadia Pharma, and Netflix.
Netflix depends less and less on licensed content from the likes of Disney
Sun, 27 Aug 2017 14:20:09 +0000
When Walt Disney said it would stop licensing its movies and TV shows to Netflix Inc. in favor of launching its own service investors were concerned—but Netflix will be fine.
Earnings season is still a headache, and shareholders shouldn’t stand for it
Sun, 27 Aug 2017 14:15:28 +0000
Once again, earnings season was a confused mix of badly-written releases with missing numbers and tables, all issues that should raise red flags.
Hollywood and Silicon Valley Go to War for Talent
Sun, 27 Aug 2017 12:13:00 +0000
Traditional cable networks are going to need a bigger boat.
Cord-cutting is leading to increasingly fractured TV audiences
Sat, 26 Aug 2017 12:25:02 +0000
“On the Money” looks at the wealth of choices TV watchers have in the age of cord cutting.
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