Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $320.00 short put and a strike $315.00 long put offers a potential 44.93% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $320.00 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $3.45 would be incurred if the stock dropped below the $315.00 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 25.1 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
‘John Wick’ Creator to Make Movies With Japan’s Rakuten
Thu, 01 Aug 2019 08:09:28 +0000
(Bloomberg) — Rakuten Inc. is planning to make a film with Derek Kolstad, the creator of the “John Wick” movie series, as the Japanese web retailer and mobile provider makes a push into original online content.The Tokyo-based company is teaming up with The H Collective Inc. to create a movie production house, they said in a statement Thursday. Projects will include Aaron W. Sala’s horror thriller “The Beast,” directed by Christine Crokos, and “The Remainders,” a revenge thriller written by Kolstad.Rakuten is following in the footsteps of Amazon.com Inc. and Alibaba Group Holding Ltd., two e-commerce giants that have invested billions in original streaming content to lure more customers, while taking on Netflix Inc. Amazon’s Japanese unit and Netflix have established solid footholds in the Japanese market. Rakuten, however, is also aiming to distribute content outside its home country.The joint venture, Rakuten H Collective Studio, will also create music, comics and games “based on the content of the films and selling advertising opportunities through product placement,” it said.Rakuten has traditionally been a very domestic company, with about 80% of its revenue coming from Japan. But Hiroshi Mikitani, Rakuten’s founder and chief executive officer, has made efforts to boost the company’s brand presence overseas, with a stake in Lyft Inc. and sponsorship of the FC Barcelona soccer and Golden State Warriors basketball teams.To contact the reporter on this story: Reed Stevenson in Tokyo at rstevenson15@bloomberg.netTo contact the editors responsible for this story: Emma O'Brien at eobrien6@bloomberg.net, Reed StevensonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
SHAREHOLDER ALERT: FRED NFLX MNK: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
Thu, 01 Aug 2019 00:40:00 +0000
NEW YORK, NY / ACCESSWIRE / July 31, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss …
Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Netflix, Inc. (NASDAQ: NFLX) and Encourages Netflix Investors to Contact the Firm
Thu, 01 Aug 2019 00:11:50 +0000
Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all investors that purchased Netflix, Inc. (NFLX) securities between April 17, 2019 and July 17, 2019 (the “Class Period”). Investors have until September 20, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
Disney (DIS) Q3 2019 Earnings Preview: Streaming, Studio, Parks & Media Networks
Wed, 31 Jul 2019 23:05:11 +0000
Let's see what investors should expect from Disney's (DIS) upcoming earnings and revenue results, along with its key business units, including Studio Entertainment, Streaming, and the ESPN-heavy Media Networks.
ROSEN, A LEADING LAW FIRM, Files First Securities Class Action Lawsuit Against Netflix, Inc.; Encourages Investors with Losses in Excess of $1 Million to Contact the Firm – NFLX
Wed, 31 Jul 2019 22:28:00 +0000
NEW YORK , July 31, 2019 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Netflix, Inc. (NASDAQ: …
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