Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $375.00 short put and a strike $370.00 long put offers a potential 47.06% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $375.00 by expiration. The full premium credit of $1.60 would be kept by the premium seller. The risk of $3.40 would be incurred if the stock dropped below the $370.00 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 56.06 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
Why Disney Will Be Valued Like Netflix
Fri, 03 May 2019 09:27:02 +0000
Disney's streaming business – fueled by the phenomenal box office results of “Avengers” – is on track to dramatically transform Disney's long-term growth.
FirstFT: Today’s top stories
Fri, 03 May 2019 06:12:27 +0000
Both the Conservative and Labour parties are suffering heavy losses in local elections across England on Thursday, with smaller parties the biggest beneficiaries. The Tories have lost 356 councillors, while the opposition dropped 45 seats and the Lib Dems gained 243, according to preliminary results Friday morning as calculated by the FT. The Conservatives have lost control of 13 councils to Labour’s two, while the Lib Dems have gained eight with 101 of 248 councils reported.
Hulu Is Adding U.S. Subscribers at Twice the Rate of Netflix
Fri, 03 May 2019 00:46:00 +0000
The third-place streamer may be considered the underdog, but its growth is surging.
3 Large-Cap Stocks for Income Investors to Buy Right Now
Thu, 02 May 2019 22:37:10 +0000
We have highlighted three well-known large-cap stocks that present solid dividend yields and earn a Zacks Rank 2 (Buy) or better at the moment.
Technician says these stocks are your best bets out of earnings
Thu, 02 May 2019 22:32:04 +0000
TradingAnalysis.com's Todd Gordon on what to buy now. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Steve Grasso, Karen Finerman and Dan Nathan.
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