Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $310.00 short put and a strike $305.00 long put offers a potential 42.86% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $310.00 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $3.50 would be incurred if the stock dropped below the $305.00 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 70.5 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
Uber Can't Spend Its Way Out of Economic Reality
Sun, 01 Dec 2019 18:49:13 +0000
The ride-sharing company is priced as if it will have immense pricing power; the reality is that the industry is headed toward commodity pricing Continue reading…
Notre Dame Is a Big Beneficiary of the Medicines Buyout
Sat, 30 Nov 2019 12:30:00 +0000
The home of the Fighting Irish had a large position in the drug company at the end of the third quarter, and it’s nearly doubled in value since. It also sold Netflix stock, and bought Morgan Stanley and Alibaba stock.
Investors rebel over US director re-elections
Sat, 30 Nov 2019 11:00:15 +0000
Directors on US boards are being punished by big investors for failings ranging from excessive executive pay to poor independent oversight, with shareholder rebellions on re-elections up more than a fifth this year. There were 1,025 shareholder revolts on director re-elections in 2019 across the Russell 3000, up from 835 in 2018, according to Proxy Insight. The data provider classes a revolt as anything with 20 per cent or more opposition.
Netflix: Can Better Platform Tech Fend Off Competition?
Fri, 29 Nov 2019 22:50:21 +0000
A head-start in targeting and UX technology will not be enough to preserve the streaming video company’s valuation Continue reading…
2020 Predictions: Google Watch, Netflix Sports, Smart Speaker Pushback
Fri, 29 Nov 2019 21:57:20 +0000
Google will release a health-focused smartwatch to take on the market-leading Apple Watch, Juniper Research forecast in its 2020 predictions. Netflix could get into sports content, it said.
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