Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $94.50 short put and a strike $89.50 long put offers a potential 36.99% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $94.50 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock dropped below the $89.50 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 71.79 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
Tuning out: StarHub’s pay TV subscriber figure slips 1.5% in 1Q16
Tue, 09 Aug 2016 02:55:00 GMT
Taking that next step forward in your trading with sizing
Mon, 08 Aug 2016 20:38:51 GMT
The way you express yourself successfully in markets
Mon, 08 Aug 2016 20:36:49 GMT
Netflix stock stumbles as Alibaba quashes investment rumors
Mon, 08 Aug 2016 20:22:57 GMT
$9 BILLION HEDGE FUND: There's one big problem with Netflix
Mon, 08 Aug 2016 18:28:03 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook