Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $360.00 short put and a strike $350.00 long put offers a potential 75.44% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $360.00 by expiration. The full premium credit of $4.30 would be kept by the premium seller. The risk of $5.70 would be incurred if the stock dropped below the $350.00 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 52.9 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
BABA Stock Could Get Even Cheaper
Tue, 25 Sep 2018 03:47:16 +0000
Alibaba (NYSE:BABA) looks absurdly cheap at the moment. Alibaba grew revenue 58% year over year in fiscal 2018 (ending March), and non-GAAP earnings per share surged by 40%. Margins were pressured in the first quarter, admittedly. But the top line still rose 61%. Yet BABA stock now trades at just 21 times forward EPS — and BABA stock has fallen 22% from its 52-week high.Low-Cost Investing: 7 Tips to Start Investing on a Tight Budget
What Would Commercials Do to Netflix?
Tue, 25 Sep 2018 01:00:00 +0000
Netflix's decision to test ads for original content on its platform invites questions about the company's priorities and its subscribers' tolerance for commercials.
How Disney's Investment in Streaming Will Affect Its Bottom Line
Mon, 24 Sep 2018 21:00:00 +0000
There are two factors negatively impacting Disney as it goes direct to consumers.
How Fox Assets Could Boost Disney’s Direct-to-Consumer Strategy
Mon, 24 Sep 2018 20:50:02 +0000
Is Disney's ESPN+ Setting Stage for Direct-to-Consumer Success? The growing demand for video streaming services in the US has led to a decline in video subscribers for most cable and satellite operators. To counter these threats, the leading media giant has launched its new DTC (direct-to-consumer) service.
Q3 Earnings Preview: Netflix Joins 18 Stocks Expecting 50% To 2,500% Growth
Mon, 24 Sep 2018 20:06:25 +0000
Q3 Earnings Preview: See who joins IBD 50 stocks Netflix, Paycom, Match and Atlassian on list of companies expecting 50% to 2,500% growth.
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