Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $335.00 short call and a strike $345.00 long call offers a potential 25.79% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $335.00 by expiration. The full premium credit of $2.05 would be kept by the premium seller. The risk of $7.95 would be incurred if the stock rose above the $345.00 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 42.71 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
Day Ahead: Top 3 Things to Watch
Mon, 20 Aug 2018 23:23:00 +0000
Investing.com – Here’s a preview of the top 3 things that could rock markets tomorrow.
Netflix Explores New Ways to Promote Its Content
Mon, 20 Aug 2018 22:55:07 +0000
Aug.20 — Andre Swanston, Tru Optik chief executive officer, discusses Netflix Inc. testing new ways to promote its content. He speaks with Bloomberg's Emily Chang and Lucas Shaw on "Bloomberg Technology."
Longest bull market ever, how'd we get here?
Mon, 20 Aug 2018 21:54:00 +0000
CNBC's Bob Pisani reports on the bull run, including the biggest performers and laggards. With CNBC's Michelle Caruso-Cabrera and the Fast Money traders, Tim Seymour, Brian Kelly, Steve Grasso and Guy Adami.
Netflix (NFLX) Stock Surged Monday: Time to Buy Again?
Mon, 20 Aug 2018 21:20:09 +0000
Netflix (NFLX) saw its stock price climb over 4% Monday, which helped stop some of NFLX's post-Q2 earnings decline. So let's see what had investors so excited. Plus, is it time for you to jump back into Netflix stock now?
Do the Charts Point to a 23% Rebound in Netflix Stock?
Mon, 20 Aug 2018 21:16:55 +0000
Shares of Netflix (NASDAQ:NFLX) haven’t been too hot lately. While NFLX stock continues to sink, the broader market continues to hover near its highs. Since reporting earnings in July, Netflix is down about 25%.
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