Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $295.00 short call and a strike $305.00 long call offers a potential 85.19% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $295.00 by expiration. The full premium credit of $4.60 would be kept by the premium seller. The risk of $5.40 would be incurred if the stock rose above the $305.00 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 37.97 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
S&P 500, Dow Jones Futures Jump As Trump Says China's Xi Is 'Friend'
Mon, 09 Apr 2018 04:02:34 +0000
Stock futures jumped overnight. President Donald Trump said China President Xi Jinping will "always" be a friend, despite trade tensions that slammed the major averages Friday.
Is Netflix Inc. a Buy?
Sun, 08 Apr 2018 21:01:00 +0000
The streaming giant continues to grow, but competition is coming.
Netflix Could Pull Films From Cannes in Response to Competition Ban
Sun, 08 Apr 2018 19:20:30 +0000
The streaming service may not screen any of its films.
These Are Tencent's Fastest-Growing Businesses
Sun, 08 Apr 2018 18:08:00 +0000
Tencent is a high-growth company, but which segments are growing the fastest?
Apple Is Waving a Fat Wad of Cash at Hollywood
Sun, 08 Apr 2018 12:35:00 +0000
Netflix and Amazon are the clear leaders in streaming. Apple wants in on the action.
Related Posts
Also on Market Tamer…
Follow Us on Facebook