Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $267.50 short put and a strike $262.50 long put offers a potential 69.49% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $267.50 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 dropped below the $262.50 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 34.45 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
Why Once High-Flying FAANGs Dragging Down Market Are 'Red Flag'
Wed, 09 Oct 2019 08:39:41 +0000
After driving much of the previous gains in the bull market, these mega cap tech stocks have become notable underperformers lately.
Buy Spotify Stock on the Dip Even as Apple, Amazon Boost Streaming Push?
Tue, 08 Oct 2019 22:01:10 +0000
Is it time for investors buy streaming music giant Spotify stock on the dip even as Apple and Amazon boost their streaming offerings…
Netflix Stock Faces Wall Of Worry Ahead Of Third-Quarter Earnings Report
Tue, 08 Oct 2019 20:09:57 +0000
Even if Netflix beats views with its results, it may not be enough to satisfy skeptical investors. The big test for Netflix stock will come as Apple and Walt Disney launch rival services.
Stocks Fall on U.S. Blacklist, China & the NBA and Buy Roku – Free Lunch
Tue, 08 Oct 2019 18:19:06 +0000
A look at the new U.S. blacklist on nearly 30 Chinese companies and how it might impact the upcoming trade talks. A dive into the dispute between the NBA and China, marijuana stocks, and why Roku is a Zacks Rank 1 (Strong Buy) – Free Lunch
Streaming Wars, Social Media And 5G: Comms Sector Earnings Preview
Tue, 08 Oct 2019 16:28:54 +0000
As with pretty much all things in the investment arena, there are caveats and big “ifs.” For comms, one of them is consumer spending—with a dose of consumer sentiment mixed in. Because some of the components of the Communications Services sector rely heavily on users to keep their wallets relatively wide open as former traditional telecom companies transform into communications juggernauts. Coupled with a handful of former Consumer Discretionary and Technology components, the Communications Services sector also could have a pulse on the economy overall.
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