Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $500.00 short put and a strike $490.00 long put offers a potential 21.21% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $500.00 by expiration. The full premium credit of $1.75 would be kept by the premium seller. The risk of $8.25 would be incurred if the stock dropped below the $490.00 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 56.5 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
Stock market news live updates: Tech shares rebound after three days of selling; vaccine trial put on hold
Wed, 09 Sep 2020 20:05:03 +0000
Stocks rose Wednesday and recovered some losses after another drop in tech names dragged the three major indices to their lowest closing level in one month on Tuesday.
Morgan Housel on his latest book 'The Psychology of Money'
Tue, 08 Sep 2020 21:45:50 +0000
Morgan Housel, 'The Psychology of Money' Author, joined The Final Round to discuss his latest book, his views on the difference between investment effort and investment results, and how psychology ties into finance and money.
US STOCKS-Stocks end lower as tech swoon persists, Tesla in historic drop
Tue, 08 Sep 2020 20:29:53 +0000
U.S. stocks closed lower for a third straight session on Tuesday as heavyweight technology names extended their sell-off to send the Nasdaq into correction territory, while Tesla suffered its biggest daily percentage drop after the stock was passed over for inclusion in the S&P 500. Reports on Friday that SoftBank made significant option purchases during the run-up in U.S. stocks added to investor nervousness. The Dow Jones Industrial Average fell 632.42 points, or 2.25%, to 27,500.89, the S&P 500 lost 95.12 points, or 2.78%, to 3,331.84 and the Nasdaq Composite dropped 465.44 points, or 4.11%, to 10,847.69.
Netflix Inc. stock falls Tuesday, still outperforms market
Tue, 08 Sep 2020 20:25:00 +0000
COMPANY CLOSE UPDATES Terrence Horan Shares of Netflix Inc. NFLX slipped 1.75% to $507.02 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 2.
Netflix, Roku Buoyed By Positive Data In Streaming Video Market
Tue, 08 Sep 2020 20:23:08 +0000
Internet television network Netflix is attracting more new subscribers than expected, while advertising trends look favorable for streaming video platform Roku, Wall Street analysts said.
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