Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $103.00 short put and a strike $98.00 long put offers a potential 29.87% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $103.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $3.85 would be incurred if the stock dropped below the $98.00 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 68.46 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
Bollywood studios eye profits at last as India goes smartphone mad
Wed, 06 Apr 2016 02:45:44 GMT
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Tue, 05 Apr 2016 21:21:50 GMT
Goldman estimates slashed
Tue, 05 Apr 2016 21:20:00 GMT
Disney Leads 3 Big-Name Media Stocks Making Notable Moves
Tue, 05 Apr 2016 20:55:27 GMT
Netflix seems to be tanking in Russia, but India and other international markets are going strong
Tue, 05 Apr 2016 20:22:57 GMT
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