Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $340.00 short put and a strike $330.00 long put offers a potential 51.52% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $340.00 by expiration. The full premium credit of $3.40 would be kept by the premium seller. The risk of $6.60 would be incurred if the stock dropped below the $330.00 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 68.06 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
Netflix, Inc. Is Becoming More Like iTunes
Sun, 18 May 2014 17:07:21 GMT
Behind Netflix's Price Increase: The Math Still Works In Viewers' Favor
Sun, 18 May 2014 14:00:07 GMT
Did Netflix, Inc. Just Chicken Out?
Sat, 17 May 2014 18:02:08 GMT
Hulu's TV Model Is Beating Netflix Inc. in This Key Area
Fri, 16 May 2014 22:02:06 GMT
Stocks halt 2-day losing streak; Dow, S&P lower for week
Fri, 16 May 2014 20:21:44 GMT
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