Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $277.50 short call and a strike $282.50 long call offers a potential 33.33% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $277.50 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $3.75 would be incurred if the stock rose above the $282.50 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 53.81 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
[$$] ‘Friends’ episode shows the power of Netflix
Thu, 13 Dec 2018 04:00:56 +0000
For a couple of days, it seemed that the sitcom would be taken down from the streaming service come January — a prospect that dismayed fans. , which now owns the rights to Friends via its purchase of Time Warner, assured investors last Tuesday that the show would stay on Netflix for another year. It is the first of dozens of such decisions that traditional media companies will have to make in the coming months.
Where Does Hulu Go From Here?
Thu, 13 Dec 2018 03:17:00 +0000
Hulu, the on-demand streaming service owned by Disney, Comcast, and AT&T, faces an uncertain future as majority owner Disney plots a new on-demand service
Podcast: The Subscription Revolution
Wed, 12 Dec 2018 23:03:00 +0000
This week on The Readback, Avi Salzman talks with Alex Eule about his recent story on the revolution of subscriptions.
Apple's Premium News Service Could Be Just Around the Corner — but Publishers Aren't Totally Onboard
Wed, 12 Dec 2018 22:13:00 +0000
Publishers risk undermining their own progress in transitioning to digital subscriptions.
Netflix Announces Selena Quintanilla Scripted Series
Wed, 12 Dec 2018 21:40:49 +0000
'Selena: The Series,' will feature the life story of the late Tejano singer, who died in 1995.
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