Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $430.00 short put and a strike $425.00 long put offers a potential 51.52% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $430.00 by expiration. The full premium credit of $1.70 would be kept by the premium seller. The risk of $3.30 would be incurred if the stock dropped below the $425.00 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 47.48 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
Stock Pops & Drops: HES, GRMN, BCS, NFLX
Wed, 30 Jul 2014 21:45:00 GMT
The Top Ten Stocks for July 30
Wed, 30 Jul 2014 20:27:24 GMT
Netflix strikes paid connection deal with AT&T
Wed, 30 Jul 2014 18:11:39 GMT
71 Movies Are About To Disappear From Netflix
Wed, 30 Jul 2014 17:34:00 GMT
Sharks rain down on Wall Street
Wed, 30 Jul 2014 14:50:00 GMT
CNBC – “Sharknado 2” screenwriter Thunder Levin, discusses the genesis of Sharknado, the success of the franchise and the challenges of filming in New York City.
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