Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $125.00 short put and a strike $120.00 long put offers a potential 47.93% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $125.00 by expiration. The full premium credit of $1.62 would be kept by the premium seller. The risk of $3.38 would be incurred if the stock dropped below the $120.00 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 78.04 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
[$$] Netflix’s ‘The Crown’ Tracks a Royal Marriage
Fri, 28 Oct 2016 04:10:11 GMT
Tesla Price Target Hiked After Shock Profit, Disney's Cut, VMware Flirts With Buy Point
Thu, 27 Oct 2016 21:48:31 GMT
Exxon, Chevron, Netflix, Chip Stocks For Friday's Investing Action Plan
Thu, 27 Oct 2016 21:02:13 GMT
Apple Unleashes Redesigned MacBook Pro, New TV App
Thu, 27 Oct 2016 20:06:26 GMT
NETFLIX INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation
Thu, 27 Oct 2016 19:59:51 GMT
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