Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $120.00 short put and a strike $114.29 long put offers a potential 40.29% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $120.00 by expiration. The full premium credit of $1.64 would be kept by the premium seller. The risk of $4.07 would be incurred if the stock dropped below the $114.29 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 70.33 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
Dow set to edge closer to 20,000, even as other markets take a breather
Fri, 16 Dec 2016 10:56:03 GMT
Europe’s TV Barons Race Across Borders to Outfox Digital Foes
Fri, 16 Dec 2016 05:00:00 GMT
Why the FCC Chairman's Decision to Step Down Should Be Music to the Ears of AT&T, Comcast and Verizon
Thu, 15 Dec 2016 22:15:00 GMT
Netflix Signs Up a Bollywood Superstar
Thu, 15 Dec 2016 21:19:41 GMT
Netflix to Announce Fourth-Quarter 2016 Financial Results
Thu, 15 Dec 2016 21:05:00 GMT
PR Newswire – LOS GATOS, Calif., Dec. 15, 2016 /PRNewswire/ — Netflix, Inc. (NASDAQ: NFLX) today announced it will post its fourth-quarter 2016 financial results and business outlook on its investor relations website …
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