Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $330.00 short put and a strike $320.00 long put offers a potential 56.25% return on risk over the next 34 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $330.00 by expiration. The full premium credit of $3.60 would be kept by the premium seller. The risk of $6.40 would be incurred if the stock dropped below the $320.00 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 54.65 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
PRESS DIGEST- New York Times business news – Jan 17
Fri, 17 Jan 2020 06:36:24 +0000
Why Apple (AAPL) Stock is a Strong Buy Heading into Earnings
Fri, 17 Jan 2020 00:23:12 +0000
With Apple's first quarter fiscal 2020 financial results due out on January 28, it's time for investors to see why AAPL stock appears to be a strong buy…
NBC Unveils Spending Plans and More for Its Peacock Streaming Service
Thu, 16 Jan 2020 22:19:00 +0000
Comcast-unit NBCUniversal plans to spend $2 billion on new content for Peacock, the latest entry in the streaming wars.
Netflix Earnings: What to Look For From NFLX
Thu, 16 Jan 2020 20:26:07 +0000
Netflix (NFLX) reports Q4 earnings at market close on January 21, 2020. Can it meet its target for total paid subscribers?
Trade Deal, Earnings Outlook & A Strong Buy Semiconductor Stock – Free Lunch
Thu, 16 Jan 2020 19:08:07 +0000
A look at the phase-one trade deal the U.S. and China signed Wednesday. An S&P 500 streak, early Q4 earnings results, and what to expect going forward. Plus why Applied Materials is a Zacks Rank 1 (Strong Buy) stock right now…
Related Posts
Also on Market Tamer…
Follow Us on Facebook