Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $375.00 short call and a strike $380.00 long call offers a potential 81.82% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $375.00 by expiration. The full premium credit of $2.25 would be kept by the premium seller. The risk of $2.75 would be incurred if the stock rose above the $380.00 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 53.07 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
Will Domino's, Zoom Video, Netflix Stock See Bump In Coronavirus Stock Market Correction?
Thu, 27 Feb 2020 23:31:03 +0000
IBD’s Head Market Strategist Mike Webster discussed portfolio management in a stock market correction. He cited Zoom Video, Domino’s and Netflix as possible coronavirus winners.
AMD, Apple, Intel lead Silicon Valley stock sell-off as coronavirus fears in U.S. grow
Thu, 27 Feb 2020 22:22:12 +0000
Silicon Valley stocks led a historic Wall Street sell-off Thursday amid fears that the COVID-19 coronavirus has begun to spread in the United States, officially pushing the U.S. stock market into correction territory.
Netflix, Roku, Video Game Stocks Seen Safe From Coronavirus Impact
Thu, 27 Feb 2020 21:26:06 +0000
As more companies warn about business impacts from the Covid-19 coronavirus crisis, analysts see Netflix stock and other home entertainment stocks as safe from the spreading disease.
Dow Jones Pares Losses After 950-Point Plunge; FANG Stock Jumps, Square Surges
Thu, 27 Feb 2020 18:35:46 +0000
The Dow Jones was off session lows Thursday after plunging 950 points intraday. Netflix outperformed in the Nasdaq 100, while Square surged on earnings.
For some companies the impacts of the coronavirus aren’t all bad
Thu, 27 Feb 2020 16:08:00 +0000
Consumer goods giant Reckitt Benckiser said demand for its Lysol and Dettol products had increased since the outbreak of the coronavirus
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