Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $350.00 short put and a strike $345.00 long put offers a potential 49.25% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $350.00 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 $345.00 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 39.14 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
New documentary follows four progressive women candidates during 2018 midterms
Wed, 29 May 2019 00:37:30 +0000
A historic number of women ran for office last year. A record of 529 appeared on the ballot for Congress. The new Netflix documentary “Knock Down the House” explores four of those candidates’ efforts including the campaign of New York representative Alexandria Ocasio-Cortez. Director Rachel Lear joins “Red and Blue” to discuss the film with Errol Barnett.
Netflix to ‘rethink' investment in Georgia if abortion law takes effect
Tue, 28 May 2019 21:52:04 +0000
Netflix Inc said on Tuesday it would “rethink” its film and television production investment in Georgia if a new law severely restricting abortion in the state is implemented, but the streaming service will continue to work there for now. Netflix, which films TV shows like crime drama “Ozark” and supernatural thriller “Stranger Things” in the U.S. state, said it would work with groups fighting the Georgia law through the U.S. courts. The industry is responsible for more than 92,000 jobs in Georgia, according to the Motion Picture Association of America (MPAA), and some 455 film and TV shows were shot in the state in 2018, according to then-Governor Nathan Deal.
Disney Is About To Launch Something Netflix Can Only Dream Of — But It'll Cost You
Tue, 28 May 2019 21:30:34 +0000
Disney's Star Wars: Galaxy's Edge opens to the public in Disneyland Friday, a big bet on its theme parks as it takes on Netflix and others in streaming.
Understanding Netflix vs. Hulu vs. Apple TV
Tue, 28 May 2019 21:25:34 +0000
The fight to lead internet streaming services is getting tighter, with Netflix and Hulu leading the pack. Although Apple TV offers viewers a set top box, it doesn't intend to stay out of the race. Find out more about these services and how they differ.
Netflix joins Alyssa Milano, Amy Schumer and Jason Bateman in calling out Georgia over abortion ban
Tue, 28 May 2019 21:07:00 +0000
But most studios involved in the state’s $9.5 billion film and TV industry are staying out of the fight for now.
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