Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $150.00 short put and a strike $145.00 long put offers a potential 47.06% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 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 $145.00 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 28.32 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
This online video service wants Africans to subscribe for the price of a “pirated DVD”
Fri, 23 Jun 2017 07:00:21 +0000
Iflix, an Asia-based video-on-demand (VOD) service, will launch in Nigeria, Zimbabwe, Tanzania and Kenya in August. Founded in 2015 in Malaysia, iflix has rapidly expanded across southeast Asia, the Middle East and North African markets. In March, to back its expansion into new markets, including Africa, iflix raised $90 million in a funding round which…
Apple Is Tops On the List of Big Tech Stocks You Must Sell Before the Summer Correction
Fri, 23 Jun 2017 04:30:00 +0000
Here is everyone.
Why Amazon Is Spending $4.5 Billion on Videos
Thu, 22 Jun 2017 21:35:55 +0000
Amazon's recent move to introduce a live television service in Europe appears to explain why it would spend $4.5 billion on video acquisitions this year.
Why Netflix Is Choosing Europe for Fundraising
Thu, 22 Jun 2017 20:05:45 +0000
Netflix (NFLX) announced in April that it was raising 1.0 billion euros (about $1.1 billion) via debt offering in Europe.
Netflix may have just discovered its next genre to disrupt: Broadway
Thu, 22 Jun 2017 18:53:35 +0000
With $6 billion to spend on content this year, Netflix continues to impress and frustrate Hollywood. And those in and around the industry often speculate which genres Netflix is targeting. The debut of …
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