Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $295.00 short call and a strike $300.00 long call offers a potential 69.49% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $295.00 by expiration. The full premium credit of $2.05 would be kept by the premium seller. The risk of $2.95 would be incurred if the stock rose above the $300.00 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 37.92 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
Mexico budget targets social programmes and aid for Pemex
Mon, 09 Sep 2019 06:15:17 +0000
to 2 per cent, as Andrés Manuel López Obrador’s government launched a wave of spending on social programmes and promised $4.4bn in cash and tax breaks for state oil company Pemex. Arturo Herrera, finance minister, acknowledged a difficult international outlook had forced officials to rework their calculations in recent days after an escalation in US-China trade tensions led to a weakening of the peso and oil prices. Mr Herrera also stressed that the budget did not increase taxes or debt.
Unbelievable, Netflix
Mon, 09 Sep 2019 04:00:29 +0000
Waif-like teenager Marie (Kaitlyn Dever) reports a masked intruder who blindfolds her and ties her up with her own shoelaces. Marie has spent her adolescence being passed between foster homes. Subjective camerawork hints at Marie’s fragmented memories of the assault, and friends and carers note that her mood is apparently detached, even flippant.
Disney: The Wonderful World of Streaming Bundles
Sun, 08 Sep 2019 21:24:40 +0000
The entertainment juggernaut is well placed for the next wave of streaming disruption Continue reading…
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of INS, NFLX and CVS
Sun, 08 Sep 2019 14:35:00 +0000
NEW YORK, NY / ACCESSWIRE / September 8, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate …
How Much Are the Streaming Giants Spending on Content?
Sun, 08 Sep 2019 13:20:00 +0000
There are some deep-pocketed contenders entering the streaming race.
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