Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $360.00 short call and a strike $370.00 long call offers a potential 40.85% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $360.00 by expiration. The full premium credit of $2.90 would be kept by the premium seller. The risk of $7.10 would be incurred if the stock rose above the $370.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Netflix
Netflix's Daredevil TV show will be lead by Cabin in The Woods director Drew Goddard
Sun, 08 Dec 2013 09:43:00 GMT
Engadget – Netflix's slate of original content has been extraordinarily well-received so far, and that's likely related to the people behind the shows. Big names like David Fincher and Kevin Spacey drew people to …
Marvel's Daredevil Gets a Showrunner
Sat, 07 Dec 2013 21:24:24 GMT
Motley Fool – Fan favorite writer-director joins Walt Disney's and Netflix's Daredevil TV project.
Netflix Hopes That Love and Politics Mix
Fri, 06 Dec 2013 22:32:10 GMT
Motley Fool – Netflix's ‘House of Cards’ is set to return for second season on Valentine’s Day.
Google could launch ‘Nexus TV' Android set-top next year, says report
Fri, 06 Dec 2013 21:58:32 GMT
The Verge – Google isn't giving up its living room ambitions. The company is said to be working on a “Nexus TV” device that will run Android, stream video from services like Netflix, Hulu, and YouTube, and play a selection of video games. The rumor comes from The Information's Amir Efrati, who cites an anonymous Google employee. Today's report from The Information corroborates these details (though a motion sensor is not mentioned), and adds that a purpose-built touchpad remote could be included with the set-top box.
Treasury market ‘shrugging off data': Pro
Fri, 06 Dec 2013 21:18:00 GMT
CNBC – Should bond yields have gone higher on jobs data? Bob Iaccino, TopstepTrader thinks the Treasury market thinks the Fed has its “taper schedule” set already. CNBC's Bob Pisani and Sheila Dharmarajan, …
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