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 17.1% return on risk over the next 24 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 $1.46 would be kept by the premium seller. The risk of $8.54 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 23.42 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 (NFLX) Signs Multi-Year Deal With Shonda Rhimes (Revised)
Mon, 21 Aug 2017 08:37:08 +0000
Netflix (NFLX) is riding on its original content strategy with the addition of Shonda Rhimes. However, intensifying competition remains a major headwind.
Why Disney Is Going Over-the-Top With Sports Streaming
Sun, 20 Aug 2017 19:27:00 +0000
Cord-cutting has caused Disney to lose millions of ESPN subscribers in recent years. But the king of content's new digital-streaming solution could actually be a huge win for shareholders going forward.
Benzinga's Bulls & Bears From The Week: Home Depot, Netflix, Walmart And More
Sun, 20 Aug 2017 15:03:13 +0000
Benzinga has featured a look at many investor favorite stocks over the past week. Some of those calls focused on retail and on internet-related stocks. Other calls featured a slew of smaller oil companies …
The Little Understood Competitive Advantage That's Propelling Amazon Studios
Sun, 20 Aug 2017 11:07:00 +0000
Little bets can make for big gains when it comes to independent films, and Amazon deserves more credit for how it funds winners than most investors are willing to give.
Disney and Hulu Finally Becoming Real Competitors to Netflix
Sat, 19 Aug 2017 19:00:00 +0000
Netflix has long dominated streaming, but competitors are now offering compelling content that may take a bite out of the company's growth.
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