Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $360.00 short call and a strike $365.00 long call offers a potential 69.49% 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 $360.00 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 $365.00 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 48.5 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
Bitrefill users can now purchase Netflix subscriptions using crypto
Mon, 01 Apr 2019 09:00:17 +0000
Fans of online streaming service Netflix can now purchase their monthly subscriptions with cryptocurrency after Bitrefill announced a new gift card service. Bitrefill is a gift card voucher service based in Sweden. It allows users to purchase gift cards using various cryptocurrencies which they can then use to purchase services. Coin Rivet recently covered the news that US-based Bitrefill users can now rent Airbnb rooms using the company’s gift card vouchers purchased with cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Netflix is one of the world’s largest global streaming networks and lets users purchase a monthly subscription to gain access to a plethora of TV shows and films. Bitrefill announced in a Medium blog post that users of its service can The post Bitrefill users can now purchase Netflix subscriptions using crypto appeared first on Coin Rivet.
Netflix, Starbucks, and 7 Other Stocks to Watch in April
Mon, 01 Apr 2019 09:00:00 +0000
Here are some of the top April events for investors who follow stocks in the Barron’s Next 50, with links to webcasts and other information.
Netflix: There's Never Been a Riskier Time to Invest Than Now
Sun, 31 Mar 2019 18:57:00 +0000
Plenty of rumors circulated beforehand about what Apple would announce, yet no specific numbers concerning pricing or spending were released. In fact, over the past six months, Netflix's stock has dropped 7%, underperforming the Nasdaq by several percentage points. Apple's announcements were not necessarily planned to spook Netflix, but to lay the foundation for Apple's Service opportunity to continue to grow.
Disney World's Top Rival Is Already Thinking About Halloween
Sun, 31 Mar 2019 15:30:00 +0000
Comcast and Netflix team up to give "Stranger Things" a second year as a seasonal theme park draw.
It’s Too Little Too Late for Apple Stock
Sun, 31 Mar 2019 09:00:16 +0000
It's too little too late for Apple Inc. (NASDAQ:AAPL), at least in the short- to medium-term. As Monday's much-hyped, but ultimately lackluster, investor event showed, Tim Cook is desperately trying to salvage his legacy in the post-Jobs era. Now, it seems the future is also post-iPhone. * 10 Tech Stocks That Transformed Their Business Source: Shutterstock The services business is front and center, but while Apple stock got a pop early Tuesday morning, it finished the day in the red and continues to trade below its Monday close. Not even appearances by Oprah and Steven Spielberg were able to dazzle investors into believing that Cook's "unveiling" (the streaming service had been widely anticipated for some time) and Apple Card would be enough to power the $800 billion market cap materially higher. The event also shed little light on details regarding the TV streaming service, e.g. pricing and gaming services. If anything, frustration continues to remain among investors. This special event would have been a huge hit if held five years ago. In fact, I had written a year and a half ago about why I thought Apple should buy Netflix, Inc. (NASDAQ:NFLX). It was clear that original content and viewing data would become extremely valuable. Apple now has to play catch-up and pay top dollar to do so. At the time, NFLX traded for approximately half the price it does now. That was just one of many missed opportunities and strategic missteps made by Cook. AAPL's First Quarter EarningsThe shift to emphasize services isn't exactly a revelation considering deteriorating performance on the hardware side. The first quarter showed iPhone revenues declining 15 percent from the prior year, while the total revenue from all other products and services grew 19%. The numbers say it all. Do or die. This special event was survival masquerading as vision.InvestorPlace – Stock Market News, Stock Advice & Trading TipsThe reduced amount of transparency has been disconcerting as well. Going forward, iPhone metrics will no longer be provided. As a rule of thumb, less transparency does not bode well for the stock, especially when it marks a dramatic change from past methodology. Apple Fumbles in China China continues to be the elephant in the room for many companies, not just Apple. But this past quarter Apple made a major error in pricing, leading to the double-digit decline in iPhone revenues. The fact is that competition in the smartphone market has heightened and Apple is no longer the clear leader in smartphone popularity. Homegrown brands like Huawei and Xiaomi, the latter a unicorn in its own right, have innovated at an incredible pace and, anecdotally, the phones and camera quality in particular are impressive.Given this backdrop, it's surprising and somewhat confusing that Apple severely misjudged its pricing power in the Chinese market. The good news is that they know they need to reduce prices, so in that regard it's an easy fix, but the overall expectations for earnings contribution also need to be revised downward and, given the shallow nature of the recent decline, it doesn't seem like that is fully priced into Apple shares. The Bottom Line on Apple StockThere is a crisis of confidence in Apple's leadership. The misallocation of capital — in my view, the share buybacks have been a net loser for Apple shareholders since that money would have been better invested in other ventures with higher returns on capital — is going to be a continued headwind as Cook and his team decide how to deploy the $130 billion of cash on their balance sheet. * 7 Materials ETFs to Buy Today There is potentially a catalyst there, in the form of M&A, which Apple has historically been very reluctant to pursue. However, if Apple doesn't want to find itself left behind again, it needs to take drastic action. It can stem the bleeding in devices and efficiently monetize their user base to grow services. Barring that, Apple stock is going to be dead money for awhile.As of this writing, Luce Emerson did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 4 Pot Stocks That Could Be Fizzling Out * 7 Mid-Cap Growth Stocks That Could Be the Next Amazon or Netflix Compare Brokers The post Itas Too Little Too Late for Apple Stock appeared first on InvestorPlace.
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