Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $360.00 short put and a strike $355.00 long put offers a potential 75.44% 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 $360.00 by expiration. The full premium credit of $2.15 would be kept by the premium seller. The risk of $2.85 would be incurred if the stock dropped below the $355.00 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 64.53 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
How a new crop of tech IPOs may steal sentiment from FAANG stocks
Mon, 25 Feb 2019 10:35:00 +0000
If yes, you need to know the trick that LUPA stocks (more on those later) are going to play on your FAANG stocks. • The stock market has staged a strong rally in 2019. • Until late last year, FAANG stocks were the leaders in outperforming the market.
[$$] FirstFT: Today’s top stories
Mon, 25 Feb 2019 06:47:04 +0000
FT subscribers can click here to receive FirstFT every day by email. A thawing in the US-China trade war. US President Donald Trump averted the imminent escalation in tensions between the world’s two …
[$$] Oscars triumphs for ‘Green Book’ and Olivia Colman
Mon, 25 Feb 2019 06:28:41 +0000
Green Book, a biopic about the black pianist Don Shirley, scooped the Oscar for best picture, thwarting Netflix’s aggressive push to win Hollywood’s top prize. The film also won best original screenplay and a best supporting actor for Mahershala Ali, during a briefer than usual ceremony in Los Angeles. The result will be seen as an upset for Netflix, which spent tens of millions promoting Roma, a critically acclaimed drama about a maid in 1970s Mexico, as it sought to win the highest honour in Hollywood for the first time.
Universal's ‘Green Book' beats Netflix entry for top film prize
Mon, 25 Feb 2019 06:08:50 +0000
Comcast Corp's Universal Pictures claimed the prestigious best picture Oscar trophy on Sunday for race relations dramedy “Green Book,” denying Netflix Inc the film industry's top prize. Netflix had campaigned heavily for “Roma” to win the first best picture award for a streaming service and broke with its usual practice of allowing the film to debut in theaters three weeks ahead of its online debut. “Roma” earned 10 nominations and was considered a frontrunner for the top Academy Award.
Mexico's Alfonso Cuaron wins best director Oscar for ‘Roma'
Mon, 25 Feb 2019 05:59:34 +0000
Mexican filmmaker Alfonso Cuaron won the best director Oscar on Sunday for his semi-autobiographical film, “Roma,” which also won awards for foreign language film and cinematography. Cuaron, 57, was the favorite for the directing Oscar after winning prizes at the Golden Globes, Critics' Choice Awards, and BAFTAs for his lusciously shot black-and-white portrait of a domestic worker who cares for a middle-class family in 1970s Mexico City.
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