Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $175.00 short call and a strike $185.00 long call offers a potential 16.55% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $175.00 by expiration. The full premium credit of $1.42 would be kept by the premium seller. The risk of $8.58 would be incurred if the stock rose above the $185.00 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 23.01 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
[$$] Iflix entrepreneur targets Asia with Netflix-style service
Tue, 22 Aug 2017 04:03:59 +0000
When you run a business called iflix that streams movies and box-sets into homes from Iraq to Indonesia, being known as the “Netflix of emerging markets” is inevitable. But it is an inevitability …
A Former Netflix Exec Reveals the Real Reason Why Disney Probably Dumped Netflix
Tue, 22 Aug 2017 02:44:00 +0000
Whoa.
Cramer: Don't panic about the stock market's useless Augu…
Mon, 21 Aug 2017 22:33:00 +0000
Jim Cramer recalls when he used to drive himself crazy about erratic trading in August and asks investors to learn from his mistakes.
Apple's TV Target Isn't Netflix or Amazon
Mon, 21 Aug 2017 20:53:00 +0000
Apple’s TV efforts might not put the company on par with Netflix, and that’s O.K., according to an analyst. Apple is reportedly about to spend $1 billion on original video content for its Apple Music service, far less than what Netflix, Amazon.com, or HBO pay annually.
Better Buy: Charter Communications Inc. vs. Netflix Inc.
Mon, 21 Aug 2017 20:32:00 +0000
Long story short: It depends. Are you looking for years and years of strong growth, or do you prefer solid profits and a potential buyout?
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