Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $562.50 short call and a strike $567.50 long call offers a potential 69.49% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $562.50 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 $567.50 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Netflix
One of Matt Damon's Harvard professors gave him a small note that completely changed ‘Good Will Hunting'
Fri, 24 Apr 2015 03:05:00 GMT
‘X Files' goes HD on Netflix ahead of new episodes
Fri, 24 Apr 2015 03:00:00 GMT
Comcast plans to drop Time Warner Cable merger -source
Fri, 24 Apr 2015 01:24:34 GMT
Comcast plans to drop Time Warner Cable merger – source
Fri, 24 Apr 2015 00:49:08 GMT
Comcast plans to drop Time Warner Cable merger -source
Fri, 24 Apr 2015 00:45:50 GMT
Reuters – NEW YORK/WASHINGTON, April 23 (Reuters) – Comcast Corp's board was meeting late on Thursday to finalize plans to abandon its proposed $45 billion merger with Time Warner Cable Inc, according to a person directly familiar with the matter. Comcast and Time Warner Cable declined to comment.
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