Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $355.00 short put and a strike $345.00 long put offers a potential 51.52% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $355.00 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 $345.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Netflix is bearish and the probability of a decline 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 79.17 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
Netflix says it has fixed the problem that caused a major outage
Tue, 12 Jun 2018 06:23:00 +0000
The Netflix outage appeared to last about an hour before the company confirmed it had fixed the issue.
What Nvidia and Netflix Have to Do With Microsoft and EA's Latest Gaming Moves
Tue, 12 Jun 2018 03:11:00 +0000
Collectively, Microsoft and EA's latest moves show how three trends — the growth of PC gaming, the substitution of outright purchases of goods with subscriptions and a desire for seamless cross-platform experiences — are reshaping how the gaming industry functions for PC and console gamers alike. At its Sunday E3 press conference, Microsoft confirmed — after previously hinting at such an effort — that it's prepping a game-streaming service that will work across Xboxes, PCs and phones (but not PlayStations, for obvious reasons), and support a number of game developers.
Amazon Studios Head Jennifer Salke Talks ‘Lord of the Rings,’ Sexual Harassment
Mon, 11 Jun 2018 23:21:07 +0000
She explained her goals in a series of interviews.
Netflix down: Site and app not working amid mystery outage
Mon, 11 Jun 2018 22:57:00 +0000
Netflix has been hit by a major outage that stopped it working around the world. Instead, all that appeared was an error message. “Netflix error: this title is not available to watch instantly,” showed up instead of the video that users had requested.
Your internet use could change as 'net neutrality' ends
Mon, 11 Jun 2018 20:59:42 +0000
NEW YORK (AP) — Your ability to watch and use your favorite apps and services could start to change — though not right away — following the official demise Monday of Obama-era internet protections.
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