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 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 $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 31.89 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
Behind Roku’s 376% Rise this Year
Thu, 29 Aug 2019 08:10:55 +0000
Shares of Roku, the library of streaming content, are soaring this year as the company grows at an incredible pace.
Top Boy — the hit London crime drama revived by Netflix and co-produced by Drake
Thu, 29 Aug 2019 04:00:38 +0000
London is different. The writer Ronan Bennett, originally from Belfast, has lived in Hackney, east London, for 35 years. “Walk down the prettiest street”, Bennett says, “with the most sought-after property.
Inside Travis Scott's Life With Kylie Jenner and Stormi: 7 Reveals From His Netflix Doc
Thu, 29 Aug 2019 00:15:30 +0000
Netflix's new documentary, 'Travis Scott: Look Mom I Can Fly' gives fans an inside look at the rapper's life with Kylie Jenner and their daughter, Stormi.
Facebook, Apple or Amazon: Time to Buy a Few FAANG Stocks Again?
Wed, 28 Aug 2019 23:25:11 +0000
Should investors consider buying some FAANG stocks, such as Facebook, Apple or Amazon? Let's take a look…
Black Old Navy workers claim they were replaced with white employees from other stores during a ‘Queer Eye’ taping
Wed, 28 Aug 2019 20:52:00 +0000
“Queer Eye” — Netflix’s feel-good “more than a makeover” show that preaches self-love and acceptance — filmed an upcoming episode in a Philadelphia Old Navy store last week. In fact, employees of color claim that they were kept off-camera, despite having spent the week before preparing the store for the shoot, while several white workers from nearby suburban Old Navy outlets were reportedly brought in for the taping instead.
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