Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $307.50 short put and a strike $302.50 long put offers a potential 36.99% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $307.50 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 $302.50 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 71.89 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
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Wed, 27 Nov 2019 03:51:29 +0000
Russell Clark is dubbed as the "world's most bearish hedge fund manager" because he is not only shorting the market, he is using leverage and shorting the market at the same time. Russell Clark's Horseman Capital returned 7.5% in 2018 when the S&P 500 Index lost nearly 5%. We shared his December 2018 investor letter (you […]
This Disney+ Statistic Points To 'Pure Genius Strategy': Analyst
Tue, 26 Nov 2019 21:10:54 +0000
The Disney+ streaming service app is averaging a million daily downloads, new data shows, hinting at a formidable challenge to Netflix and Amazon Prime Video.
Streaming roundup: Why consumers are canceling Netflix
Tue, 26 Nov 2019 19:53:59 +0000
Nearly half of former Netflix subscribers pointed to the platform's recent price hikes as the reason for logging off the service.
Markets Jump on US-China Trade Hope & Buy this Top Tech Stock – Free Lunch
Tue, 26 Nov 2019 19:47:10 +0000
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Disney Breaks Out After Successful Streaming Debut
Tue, 26 Nov 2019 17:08:22 +0000
Disney shares moved sharply higher amid reports of a strong launch for its Disney+ streaming service.
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