Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $355.00 short put and a strike $350.00 long put offers a potential 40.85% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $355.00 by expiration. The full premium credit of $1.45 would be kept by the premium seller. The risk of $3.55 would be incurred if the stock dropped below the $350.00 long put 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 up which suggests that the medium-term momentum for Netflix is bullish.
The RSI indicator is at 63.32 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
Netflix Inc (NFLX) CEO Reed Hastings Sold $19.7 million of Shares
Thu, 21 Feb 2019 00:15:16 +0000
CEO of Netflix Inc (NASDAQ:NFLX) Reed Hastings sold 54,418 shares of NFLX on 02/19/2019 at an average price of $362 a share.
Two cheers for billionaires — they’ve made life so much better for us
Wed, 20 Feb 2019 23:46:00 +0000
We should thank Netflix’s Reed Hastings, Amazon’s Jeff Bezos and Microsoft’s Bill Gates for selling us goods and services we love, writes Tim Mullaney.
Netflix (NFLX) Stock Sinks As Market Gains: What You Should Know
Wed, 20 Feb 2019 22:45:10 +0000
In the latest trading session, Netflix (NFLX) closed at $359.91, marking a -0.56% move from the previous day.
Apple Streaming Service May Cost $15 a Month but Faces Challenges
Wed, 20 Feb 2019 22:00:02 +0000
The Latest News from Amazon and Apple(Continued from Prior Part)Apple’s new streaming service could cost $15 per monthApple’s (AAPL) much-anticipated video streaming service, which is expected to be launched soon, is seen by many as something
Cord-Cutting: Is it worth it?
Wed, 20 Feb 2019 21:58:06 +0000
With the explosion of different streaming services out there, you could end up paying more by cutting the cord than by sticking with your cable bill. Julia Boorstin takes a look at all the different options and breaks down a couple examples of digital bundles.
Related Posts
Also on Market Tamer…
Follow Us on Facebook