Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $660.00 short put and a strike $650.00 long put offers a potential 75.44% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $660.00 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 $650.00 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 68.86 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
Hulu Steps Up Its Fight Against Netflix
Wed, 17 Jun 2015 04:37:15 GMT
The Wall Street Journal – Video-streaming service Hulu is working harder to please television giants, paying up for shows and promising to promote their network brands, and in the process luring some content producers from Netflix….
Piracy site-blocking Bill clears Australian House
Wed, 17 Jun 2015 01:03:00 GMT
Cramer dreams of takeovers
Tue, 16 Jun 2015 22:00:00 GMT
Netflix Jumps on Price Target Increase, eBay Advances on Spinoff Talk
Tue, 16 Jun 2015 21:38:00 GMT
It’s a Nice Day for a Red Wedding
Tue, 16 Jun 2015 19:35:10 GMT
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