Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $93.00 short put and a strike $88.00 long put offers a potential 30.55% 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 $93.00 by expiration. The full premium credit of $1.17 would be kept by the premium seller. The risk of $3.83 would be incurred if the stock dropped below the $88.00 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 64.96 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
Bob Iger: Content Is Still King
Tue, 09 Aug 2016 23:08:28 GMT
Why a former Netflix and Redbox exec is betting on brick-and-mortar theaters
Tue, 09 Aug 2016 21:00:24 GMT
Netflix just launched an app that shows you how fast your internet really is
Tue, 09 Aug 2016 20:03:35 GMT
BitTorrent Launches Discovery Fund For Artists, Creators
Tue, 09 Aug 2016 19:13:00 GMT
FX boss says he can't understand why Netflix is making so many shows
Tue, 09 Aug 2016 17:59:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook