Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $665.00 short call and a strike $675.00 long call offers a potential 61.29% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $665.00 by expiration. The full premium credit of $3.80 would be kept by the premium seller. The risk of $6.20 would be incurred if the stock rose above the $675.00 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 65.36 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
Why Oppenheimer Sees Netflix Going to the Moon
Sat, 20 Jun 2015 12:30:25 GMT
Those Product Recommendations Just Don’t Compute
Sat, 20 Jun 2015 02:07:29 GMT
The Wall Street Journal – Joe Queenan finds that the algorithms used by Netflix, Amazon and other companies to recommend products are hopelessly wrong.
Netflix Advances with Japan Expansion Plans, Forms Ties – Analyst Blog
Fri, 19 Jun 2015 20:45:08 GMT
Netflix stock gets big price target hike from Oppenheimer
Fri, 19 Jun 2015 18:41:00 GMT
Alibaba Considers a Subscription Video Streaming Model
Fri, 19 Jun 2015 17:23:25 GMT
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