Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $120.00 short put and a strike $114.29 long put offers a potential 51.86% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $120.00 by expiration. The full premium credit of $1.95 would be kept by the premium seller. The risk of $3.76 would be incurred if the stock dropped below the $114.29 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 66.53 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
Australian court cracks down on illegal downloads
Thu, 15 Dec 2016 06:14:20 GMT
Netflix Is the New Home of King Khan
Thu, 15 Dec 2016 06:00:00 GMT
PR Newswire – MUMBAI, India, Dec. 15, 2016 /PRNewswire/ — The world's leading Internet TV network is the new home of India's biggest film star. Today Netflix & Red Chillies have announced new films starring Indian movie superstar Shah Rukh Khan will be exclusively available to more than 86 million members globally. This association marks the beginning of a long-term relationship between both companies and the first of its kind with any Indian film production company.
[$$] Amazon Expands Reach of Global Video Streaming
Thu, 15 Dec 2016 05:30:31 GMT
When Will Facebook Finally Admit It's Becoming A Media Company?
Wed, 14 Dec 2016 23:14:43 GMT
Cord cutting does not guarantee cost savings
Wed, 14 Dec 2016 22:54:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook