Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $287.50 short put and a strike $282.50 long put offers a potential 45.77% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $287.50 by expiration. The full premium credit of $1.57 would be kept by the premium seller. The risk of $3.43 would be incurred if the stock dropped below the $282.50 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 61.97 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
What to Expect in the Markets Next Week
Sun, 10 Nov 2019 12:48:15 +0000
Disney wades into the streaming wars, while Alibaba looks poised to launch a secondary offering in Hong Kong.
Online streaming: Television’s looming car crash
Sun, 10 Nov 2019 05:00:29 +0000
Deepti Kapoor was pushing 40 and her writing career had struggled to rise above the ordinary. Ms Kapoor freelanced for websites like HuffPost, writing blog posts such as “I was a party girl, but yoga saved me from myself”. Amazon wanted to make a TV series out of it, as did HBO.
The BBC needs to adapt to the new media world
Sun, 10 Nov 2019 05:00:26 +0000
The BBC’s mission to “inform, educate and entertain” has been unchanged since it was formed in 1922. A recent report from Ofcom, the UK media regulator, was grim reading. It found that young audiences were tuning out.
Barron's Picks And Pans: Honeywell, Oshkosh, Uber, Walgreens And More
Sat, 09 Nov 2019 20:43:35 +0000
This weekend's Barron's cover story focuses on an industrial company that is going digital. Other featured articles discuss blue chips that ought to pay a dividend and bank stocks for value investors. …
Here’s an early look at new Netflix originals coming in December
Sat, 09 Nov 2019 15:34:00 +0000
Talk about Christmas creep, Netflix Inc. has provided a sneak peek at some new original movies and series that will be released in December.
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