Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $139.00 short put and a strike $134.00 long put offers a potential 38.89% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $139.00 by expiration. The full premium credit of $1.40 would be kept by the premium seller. The risk of $3.60 would be incurred if the stock dropped below the $134.00 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 72.6 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
Facebook eases past Wall Street estimates, sees spending up in 2017
Thu, 02 Feb 2017 01:25:24 GMT
Reuters – With quarterly profit of $3.57 billion (2.82 billion pounds), more than double the $1.56 billion it reported a year ago, the company showed no signs of slowdown in growth. The company had warned in November that ad growth would likely slow “meaningfully” due to limits on ad load – the total number of ads Facebook can show to each user. “They grew 57 percent in 2016, and our current model has ‘only' 38 percent revenue growth in 2017.
Mark Zuckerberg gave his vision of Facebook's video future, and it doesn't look like the new Netflix
Wed, 01 Feb 2017 23:54:38 GMT
Business Insider – Earlier this week, Facebook seemed poised to take on traditional TV and Netflix by reportedly…
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Wed, 01 Feb 2017 21:04:55 GMT
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