Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $315.00 short put and a strike $305.00 long put offers a potential 37.93% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $315.00 by expiration. The full premium credit of $2.75 would be kept by the premium seller. The risk of $7.25 would be incurred if the stock dropped below the $305.00 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 72.66 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
[$$] Opinion today: How trade wars become real wars
Tue, 13 Mar 2018 06:00:24 +0000
This article is from today’s FT Opinion email. Sign up to receive a daily digest of the big issues straight to your inbox. Forty years of mutual understanding between the US and China over globalisation …
4 Key Takeaways From Apple Exec Eddy Cue's SXSW Talk
Tue, 13 Mar 2018 02:53:00 +0000
Apple's Internet software and services had much to say about the company's video and AR efforts.
[$$] A Tax Season Surprise
Tue, 13 Mar 2018 01:30:00 +0000
It was the fourth-lowest volume day of the year on the New York Stock Exchange. Traders are likely waiting to see tomorrow’s report on the consumer price index. The last CPI numbers actually calmed the market’s fears about inflation.
3 Stocks You Can Safely Own Until 2030
Mon, 12 Mar 2018 23:47:00 +0000
These three stocks should not only stick around for the next decade and more, but they're poised to keep beating the market too.
Workday CEO on 'great' Netflix partnership: Reed Hastings…
Mon, 12 Mar 2018 23:21:00 +0000
Jim Cramer sits down with Workday co-founder and CEO Aneel Bhusri to discuss what Cramer calls the cloud company's 'breakout quarter.'
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