Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $129.00 short put and a strike $124.00 long put offers a potential 63.93% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $129.00 by expiration. The full premium credit of $1.95 would be kept by the premium seller. The risk of $3.05 would be incurred if the stock dropped below the $124.00 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 63.34 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
[$$] Apple Sets Its Sights on Hollywood With Plans for Original Content
Thu, 12 Jan 2017 10:46:17 GMT
Netflix quer viciar o mundo em suas séries, a partir do Brasil
Thu, 12 Jan 2017 10:00:22 GMT
Netflix quiere que el mundo se vuelva adicto a su programación
Thu, 12 Jan 2017 10:00:13 GMT
Apple A Buy At Current Levels Or A Buy At Higher Prices
Thu, 12 Jan 2017 09:30:00 GMT
Choppy Day As Trump Targets Pharma, Lockheed; Netflix, Amazon Up
Wed, 11 Jan 2017 23:38:29 GMT
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