Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $360.00 short put and a strike $355.00 long put offers a potential 49.25% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $360.00 by expiration. The full premium credit of $1.65 would be kept by the premium seller. The risk of $3.35 would be incurred if the stock dropped below the $355.00 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 56.97 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
ITV, BBC to team up for ‘BritBox' streaming service
Wed, 27 Feb 2019 09:36:37 +0000
British broadcaster ITV is teaming up with publicly-funded rival the BBC to create “BritBox”, a UK rival to subscription streaming service Netflix. ITV Chief Executive Carolyn McCall said on Wednesday the partnership, which is close to being concluded, would bring a new video-on-demand offering to British audiences. The BBC, which is funded by a licence fee paid by all TV-watching Britons, and ITV are already working together on a streaming service, also called BritBox, in North America.
Fintech Star Adyen's Shares Jump as Sales Beat Estimates
Wed, 27 Feb 2019 08:18:54 +0000
The Dutch company, which processes payments for Netflix Inc., Gap Inc. and Spotify Technology SA, posted 192.5 million euros ($219 million) in net revenue for the six months ended December. Adyen also said it processed 89 billion euros in payments for the period, an increase of 50 percent on the year before.
Buy Microsoft as MSFT Stock Climbs Near High On Augmented Reality Push?
Wed, 27 Feb 2019 00:48:12 +0000
Shares of Microsoft (MSFT) have climbed over 10% since the start of the year, along with Amazon (AMZN), Facebook (FB), and much of the rest of the market. But is now the time for investors to buy Microsoft as MSFT stock races back toward its 52-week and all-time high?
Netflix Faces Customer Pushback On International Price Increases
Tue, 26 Feb 2019 21:21:07 +0000
Internet television network Netflix is likely to roll out price increases in international markets later this year, following its recent price hikes in the U.S., a Wall Street analyst says.
These 4 Internet Stocks Are Still Top Picks, JPMorgan Says
Tue, 26 Feb 2019 19:44:00 +0000
JPMorgan has updated its views and outlook on Facebook, Amazon, Twitter, and Netflix. Why they’re the banks favorite Internet names.
Related Posts
Also on Market Tamer…
Follow Us on Facebook