Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $675.00 short put and a strike $670.00 long put offers a potential 66.67% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $675.00 by expiration. The full premium credit of $2.00 would be kept by the premium seller. The risk of $3.00 would be incurred if the stock dropped below the $670.00 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 70.34 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
Icahn / Netflix: wrong call
Thu, 25 Jun 2015 10:29:55 GMT
Financial Times – Carl Icahn made the wrong call on Netflix. The activist investor has just sold his remaining stake in the online video company, making a $2bn profit. But when he first invested in 2012, he wanted Netflix …
Jim Cramer's Top Takeaways: Baxter International, Mondelez, Netflix
Thu, 25 Jun 2015 10:00:00 GMT
Netflix Seeks More Local Content Before Autumn Debut in Japan
Thu, 25 Jun 2015 07:39:28 GMT
PRESS DIGEST – Wall Street Journal – June 25
Thu, 25 Jun 2015 06:26:42 GMT
Reuters – The following are the top stories in the Wall Street Journal. * The White House and Republican leaders notched a significant victory Wednesday with the Senate's passage of divisive trade legislation, but the win kicks off a grueling, monthslong process to complete a Pacific trade pact that still faces domestic opposition and must win final congressional approval.
Icahn Cashes In His Netflix Chips
Thu, 25 Jun 2015 04:17:21 GMT
The Wall Street Journal – The billionaire investor sold his remaining stake in the video-streaming firm, banking more than $2 billion in profits, according to regulatory filings, in part because he is worried financial markets …
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