Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $340.00 short call and a strike $350.00 long call offers a potential 90.48% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $340.00 by expiration. The full premium credit of $4.75 would be kept by the premium seller. The risk of $5.25 would be incurred if the stock rose above the $350.00 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 34.95 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
[$$] Viacom Plans ‘To All the Boys’ Sequel for Netflix in Push to Create More Content for Rivals
Mon, 22 Oct 2018 02:46:58 +0000
In 1992, MTV gave birth to the reality-television genre when it aired the first episode of “The Real World,” a groundbreaking show about seven strangers who agreed to live together in a house and have every minute of their lives filmed. This week, MTV announced it is rebooting the franchise—but not for MTV. Instead, the show will appear on Facebook Watch, the social network’s video-on-demand service.
Tell us what you think: Which FAANGs are set to bite back?
Mon, 22 Oct 2018 00:49:00 +0000
Netflix shares soared last week following the release of better-than-expected quarterly results. The surge by Netflix followed weeks of softness from the tech sector in the markets. Netflix shares surged by as much as 15 percent last Tuesday following better-than-expected earnings for the third quarter.
4 Top Stock Trades for Monday: Trading PG, CLF Earnings
Sun, 21 Oct 2018 22:31:30 +0000
Procter & Gamble (NYSE:PG) shares jumped on Friday, surging more than 8.5% after the company beat on earnings and revenue expectations. The move allowed PG stock to burst over two prior trend-lines — one downtrend and one uptrend. After a colorful conference call to say the least, Cleveland Cliffs (NYSE:CLF) is down about 5.5% Friday.
Bulls & Bears Of The Week: Apple, Disney, Ford, Home Depot And More
Sun, 21 Oct 2018 22:17:40 +0000
Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included leaders in entertainment, tobacco and video games. Bearish calls included a Detroit automaker and …
A Glimpse of How Netflix Sees the Future
Sun, 21 Oct 2018 21:11:00 +0000
A few tidbits from its earnings report provide insight into what's to come.
Related Posts
Also on Market Tamer…
Follow Us on Facebook