Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $355.00 short put and a strike $345.00 long put offers a potential 40.85% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $355.00 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 dropped below the $345.00 long put 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
Landmark Princeton Study Sends Bots Across The Web To Track Discrimination
Mon, 02 Dec 2013 23:34:00 GMT
Forbes – Researchers at Princeton are releasing fake profiles across the Internet to track how websites discriminate against them on price, and access to certain services.
HBO Signs Bundle Deal with TWC
Mon, 02 Dec 2013 22:30:00 GMT
TheStreet – Big media, not Netflix, controls the pace of television's evolution.
Your Monday Movie Industry Newsletter
Mon, 02 Dec 2013 16:50:08 GMT
Wall St. Cheat Sheet – Michael Pachter of Wedbush Securities expects a very active M&A market to continue in 2013 and 2014 as the industry continues to consolidate.
Akamai Acquisition Speeds Its Move Into Cybersecurity
Mon, 02 Dec 2013 16:06:00 GMT
Investor's Business Daily – Akamai Acquisition Speeds Its Move Into Cybersecurity
Netflix Could Make a Ton More Money
Mon, 02 Dec 2013 14:00:00 GMT
TheStreet – Reed Hastings could generate considerable revenue if he altered Netflix's look just slightly.
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