Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $350.00 short put and a strike $340.00 long put offers a potential 40.85% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $350.00 by expiration. The full premium credit of $2.90 would be kept by the premium seller. The risk of $7.10 would be incurred if the stock dropped below the $340.00 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 62.67 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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PayPal and Venmo are both great services depending on what the customer wants. Here are the differences between the two popular money apps.
Relative Price Gains Favor Apple, Google and Tesla Over Amazon and Netflix
Sun, 17 Feb 2019 16:00:00 +0000
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Apple Needs Netflix and HBO More Than They Need It
Sat, 16 Feb 2019 19:00:00 +0000
Apple is having a hard time getting big media companies on board with its video and news services.
Why Is Netflix (NFLX) Up 1% Since Last Earnings Report?
Sat, 16 Feb 2019 14:30:02 +0000
Netflix (NFLX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Apple Likely to Tout 2 New Subscription Services at March 25 Event
Fri, 15 Feb 2019 23:20:00 +0000
The tech giant's long-anticipated news and video-streaming subscription services could go live this summer.
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