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 $385.00 long call offers a potential 39.86% return on risk over the next 19 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 $2.85 would be kept by the premium seller. The risk of $7.15 would be incurred if the stock rose above the $385.00 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 60.35 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
[$$] Netflix CEO Hastings Gets Pay Raise
Tue, 31 Dec 2013 01:15:25 GMT
The Wall Street Journal – Netflix said CEO Reed Hastings would get a 50% raise in 2014, following a year in which the streaming-video company's shares were a top Wall Street performer and its TV programming won critical acclaim….
The New Netflix Plan: One Screen, $6.99 a Month
Tue, 31 Dec 2013 00:03:32 GMT
Bloomberg – Dec. 30 (Bloomberg) — Netflix is offering some new customers plans that provide access on as many as four screens, letting family members watch different shows at the same time. The monthly prices range …
4:00 pm Netflix announces termination of atockholder rights plan
Mon, 30 Dec 2013 22:33:07 GMT
Briefing.com – 4:00 pm Netflix announces termination of atockholder rights plan
Netflix ends anti-takeover measure 2 years early
Mon, 30 Dec 2013 22:09:44 GMT
Netflix ends anti-takeover measure 2 years early
Mon, 30 Dec 2013 22:09:44 GMT
AP – Netflix says it's ending a move meant to help ward off hostile takeovers almost two years early. The online video company adopted the shareholder rights plan, also known as a poison pill, in November 2012 …
Related Posts
Also on Market Tamer…
Follow Us on Facebook