Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 25.63% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $1.02 would be kept by the premium seller. The risk of $3.98 would be incurred if the stock dropped below the $90.00 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 74.61 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
[$$] Can Baz Luhrmann’s ‘The Get Down’ Pay Off for Netflix?
Fri, 12 Aug 2016 04:10:33 GMT
[$$] BT and Sky prepare for battle as Premier League kicks off
Fri, 12 Aug 2016 04:04:34 GMT
Financial Times – With the kick-off of the Premier League season this weekend, BT and Sky are set for their biggest match yet, battling to win over football fans with aggressive marketing campaigns and cut-price offers. …
Amazon is making a 13-episode show about Playboy
Fri, 12 Aug 2016 00:22:00 GMT
Netflix At Cusp Of New Uptrend
Thu, 11 Aug 2016 21:08:00 GMT
3 Bargain Stocks to Buy and Hold for a Decade
Thu, 11 Aug 2016 20:06:00 GMT
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