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 41.84% return on risk over the next 18 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 $2.95 would be kept by the premium seller. The risk of $7.05 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
Winning stocks for December: Bespoke's Paul Hickey
Tue, 03 Dec 2013 23:34:11 GMT
CNBC – “The names you would traditionally think of with the holidays, they've actually lagged the market,” Paul Hickey of Bespoke Investment Group says.
Netflix Investors Need Some Perspective
Tue, 03 Dec 2013 23:02:13 GMT
Motley Fool – Netflix bulls and bears tend to take extreme points of view. In reality, the company's value will be determined by a simple race between revenue growth and content cost growth.
Holiday retailers lag: Pro
Tue, 03 Dec 2013 22:40:00 GMT
CNBC – Paul Hickey, Bespoke Investment Group, says retail stocks like Chipotle and Expedia have outperformed while Best Buy and other holiday retailers have lagged.
Netflix to Launch New DreamWorks Animation Series
Tue, 03 Dec 2013 22:08:09 GMT
Motley Fool – Netflix will make the first five episodes of Turbo FAST available starting the day before Christmas.
The top iPhone and iPad apps on App Store
Tue, 03 Dec 2013 19:19:20 GMT
AP – App Store Official Charts for the week ending Nov. 25, 2013: Top Paid iPhone Apps: 1. “Heads Up!”, Warner Bros. 2. “Minecraft – Pocket Edition”, Mojang 3. “Backflip Madness”, …
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