Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $570.00 short put and a strike $565.00 long put offers a potential 18.48% return on risk over the next 4 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $570.00 by expiration. The full premium credit of $0.78 would be kept by the premium seller. The risk of $4.22 would be incurred if the stock dropped below the $565.00 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 55.87 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
Entertainment AM Winners and Losers: May 11, 2015
Mon, 11 May 2015 14:07:02 GMT
U.S. companies aren’t doing enough to battle the buck
Mon, 11 May 2015 11:49:00 GMT
TV viewing plunges
Mon, 11 May 2015 11:00:00 GMT
Australia to crack down on alleged tax avoidance by 30 multinationals
Mon, 11 May 2015 07:58:54 GMT
Reuters – UK Focus – The Australian government on Monday announced a world-leading crackdown on alleged tax avoidance by 30 multinational companies in a move that could force the likes of Apple Inc (NasdaqGS: AAPL – news) and Microsoft Corp to restructure their businesses to escape huge penalties. “These companies are diverting profits earned in Australia away from Australia to no-tax or low-tax jurisdictions,” Treasurer Joe Hockey told reporters in Canberra. Google Inc (Xetra: A0B7FY – news) , Apple Inc and Microsoft Corp revealed earlier this year they were under review by the Australian Tax Office.
Hockey to introduce Google and Netflix taxes in Budget
Mon, 11 May 2015 05:22:00 GMT
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