Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $427.50 short call and a strike $432.50 long call offers a potential 58.73% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $427.50 by expiration. The full premium credit of $1.85 would be kept by the premium seller. The risk of $3.15 would be incurred if the stock rose above the $432.50 long call 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 down which suggests that the medium-term momentum for Netflix is bearish.
The RSI indicator is at 40.77 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
Stock Pops & Drops: HES, GRMN, BCS, NFLX
Wed, 30 Jul 2014 21:45:00 GMT
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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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