Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $322.50 short put and a strike $317.50 long put offers a potential 26.26% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $322.50 by expiration. The full premium credit of $1.04 would be kept by the premium seller. The risk of $3.96 would be incurred if the stock dropped below the $317.50 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 57.91 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
A Pair of Earnings Beats and a Deluge of Stock Buybacks
Sat, 12 May 2018 19:43:00 +0000
Booking Holdings and AMC Networks both overperformed, but the real news on Wall Street is where Washington's corporate tax-cut largesse is going.
If Netflix Can Raise Prices, So Can Amazon Prime
Sat, 12 May 2018 15:17:00 +0000
Both companies are showing the meaning of pricing power.
How Much Could Google's YouTube Be Worth? Try More Than $100 Billion
Sat, 12 May 2018 10:45:00 +0000
$1.65 billion purchase of YouTube in 2006 was one of the smartest big tech acquisitions in history, and that the online video giant would be worth dozens of times as much if taken public today. Estimates for YouTube's annual revenue, nearly all of which still comes from ads, vary a fair amount. At different points, Bank of America and Mizuho forecast that YouTube would post 2017 revenue of $13 billion and $12 billion, respectively.
Streaming Competition Isn't Hurting Netflix or Amazon
Fri, 11 May 2018 22:37:00 +0000
More competing streaming services could actually increase viewership for Netflix and Prime.
3 Companies That Have Successfully Rebranded As Winners
Fri, 11 May 2018 17:34:27 +0000
Companies, just like people, grow and change over time. Sometimes, as is also the case with people, that growth and change can be for the better. Other times, it can be for the worse.
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