Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $302.50 short call and a strike $307.50 long call offers a potential 47.49% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $302.50 by expiration. The full premium credit of $1.61 would be kept by the premium seller. The risk of $3.39 would be incurred if the stock rose above the $307.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Netflix is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Netflix is bearish.
The RSI indicator is at 36.98 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 Netflix’s The Witcher fails to steal the Game of Thrones crown
Fri, 13 Dec 2019 05:00:45 +0000
Considering he goes around killing monsters on request, the improbably chiselled and gruff Geralt of Rivia (Henry Cavill) gets no thanks. With its medieval stylings, sprawling narrative and liberal dusting of magic, Netflix’s The Witcher is presumably intended to fill the Game of Thrones-sized hole in viewers’ lives. The Witcher himself has a basic ethical code: don’t hit women.
Why Is Citron's Andrew Left Betting Against Peloton?
Thu, 12 Dec 2019 21:38:55 +0000
The activist short seller takes aim at the latest fitness fad Continue reading…
AMZN Stock: What to Know About Amazon Heading into 2020
Thu, 12 Dec 2019 21:24:09 +0000
Shares of Amazon (AMZN) have slipped 6% in the past six months, while the S&P 500 climbed 9%. So when will Wall Street and investors start to think about buying Amazon stock again?
ETFs in Focus on Dull 2020 Subscriber Outlook for Netflix
Thu, 12 Dec 2019 20:56:08 +0000
Intensifying video streaming wars lead analysts to expect dull subscriber addition for Netflix through 2020.
5 Stocks to Sell or Avoid in 2020
Thu, 12 Dec 2019 18:35:29 +0000
Sometimes, it pays to fold 'em.While many investors gear up for the new year by scouting out lists of the best stocks to buy, there's virtue in pruning, too. Even though it seems counterintuitive to sell into a rip-snorting bull market, you should parcel out time to evaluate your portfolio for stocks to sell as we enter 2020.Why? Three reasons: * Too far, too fast. Let's say you own a stock that has soared far above the market. The position that once was 10% of your portfolio is now 35%. That's a lot to have riding on one stock. You don't have to sell your entire holding, but it might be a good idea to trim it back a bit. In fact, you can tie such a move into charitable giving and dodge that pesky capital-gains tax. * Slowdown ahead. Even if your stock has had a whizbang year, you should review it to see if the enthusiasm was a bit overblown. Some stocks that once had stellar records – we're looking at you, Freddie Mac (FMCC) and GameStop (GME) – weren't able to keep the earnings momentum going. If it looks like your stock's growth might be slowing, you should think about where that money could be working a bit harder. Even great buys become stocks to sell at some point. * Right stock, wrong time. Finally, some companies are just in the wrong place at the wrong time, such as energy: the market's worst sector (by a mile) in 2019. Are there good energy stocks? Absolutely. But sometimes, market factors (such as oil prices) punish even the best firms.No one likes selling stocks. You've probably put a lot of work and worry into researching your stocks and holding on to them. But it's an important part of investing, and some of the best investors are not only good buyers of stock, but good sellers. Here then, are five stocks to sell in 2020. SEE ALSO: 43 Companies Amazon Could Destroy (Including One for a Second Time)
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