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 31.23% 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 $103.00 by expiration. The full premium credit of $1.19 would be kept by the premium seller. The risk of $3.81 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 63.28 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
Mediaset set to agree sale of pay-TV to Vivendi, share swap – sources
Fri, 08 Apr 2016 10:51:57 GMT
Mediaset set to agree sale of pay-TV to Vivendi, share swap-sources
Fri, 08 Apr 2016 10:48:32 GMT
Mediaset set to agree sale of pay-TV to Vivendi, share swap-sources
Fri, 08 Apr 2016 10:48:32 GMT
4 Tips to Buy Stocks Low
Fri, 08 Apr 2016 00:40:01 GMT
Periodic Payments vs. Lump Sum: When's the Right Time to Pull the Plug?
Thu, 07 Apr 2016 22:36:45 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook