Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $350.00 short put and a strike $345.00 long put offers a potential 72.41% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $350.00 by expiration. The full premium credit of $2.10 would be kept by the premium seller. The risk of $2.90 would be incurred if the stock dropped below the $345.00 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 34.15 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
Facebook’s Oculus could be the superhero comic books need to crack virtual reality
Wed, 22 May 2019 09:20:00 +0000
Facebook's latest virtual reality (VR) device, called Oculus Quest, gets good reviews. Apps download straight to the device and WiFi connects users for multiplayer games. Comic book superheroes are notably scarce in VR content, which seems odd because comic book fans are super-passionate about their make-believe worlds.
Technology platforms are facing a loss of control
Wed, 22 May 2019 04:00:59 +0000
for the British food delivery company Deliveroo, it hurt shares in the latter’s rivals. The deal gives Amazon a stake in both delivery and preparation through “dark kitchens” in which some Deliveroo meals are made. It is an arresting move — who knew that a company that started by selling books online would end up as the part owner of kitchens?
Netflix Inc (NFLX) CEO Reed Hastings Sold $20 million of Shares
Wed, 22 May 2019 03:15:02 +0000
CEO of Netflix Inc (NASDAQ:NFLX) Reed Hastings sold 57,414 shares of NFLX on 05/20/2019 at an average price of $348.88 a share.
How William the Conqueror Paved the Way for Netflix’s Bond Sale
Wed, 22 May 2019 00:00:06 +0000
The new law sought, among other things, to make bond markets more transparent by making information about issues readily available to the public. Three years later, it appears that nearly half of all corporate bond issues — including those from firms like Netflix — now originate on Guernsey, a small island in the English Channel that is best known for its famed breed of cows. The Channel Islands fell under his new purview, but they remained part of the Norman Duchy, and paid taxes in France.
Netflix (NFLX) Outpaces Stock Market Gains: What You Should Know
Tue, 21 May 2019 21:45:09 +0000
In the latest trading session, Netflix (NFLX) closed at $354.12, marking a +1.73% move from the previous day.
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