Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $365.00 short put and a strike $360.00 long put offers a potential 42.86% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $365.00 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $3.50 would be incurred if the stock dropped below the $360.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Netflix is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Netflix is bullish.
The RSI indicator is at 68.81 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
Netflix for Android update brings support for individual profiles and queues, better search
Sun, 15 Dec 2013 05:08:00 GMT
Engadget – Netflix rolled out support for multiple individual streaming profiles within a single account a few months ago, but until now its Android app has been among the platforms that still didn't recognize them. …
Microsoft launching original programming on Xbox in first half of 2014
Sat, 14 Dec 2013 23:15:02 GMT
The Verge – At a Variety event this week, Nancy Tellem — a TV industry veteran who now leads Microsoft's digital media business — noted that the company hoped to have original programming ready for Xbox Live “in the first quarter, at minimum second quarter” of next year. The number of tech firms getting into the entertainment business seems to grow by the day, and it's easy to draw parallels between Tellem's efforts and the arms race currently underway between Netflix and Amazon. Tellem, though, insists that Microsoft's trying to do something different: “We're neither [Amazon nor Netflix] or we're a little like them.
7 Great Romantic Comedies You Can Watch on Netflix
Sat, 14 Dec 2013 15:35:08 GMT
Wall St. Cheat Sheet – Here are seven great romantic comedies you can watch right now on Netflix's streaming service.
New Poll On TV Binging: A Changing Industry
Sat, 14 Dec 2013 15:05:04 GMT
Wall St. Cheat Sheet – A new poll has good news for television streaming sites like Netflix and Hulu.
Apple, Netflix, and Priceline: 3 Winners From 2013; Will They Outperform in 2014?
Sat, 14 Dec 2013 12:01:57 GMT
Motley Fool – Apple, Netflix and Priceline are three clear winners from 2013. Let's see if they're strongly positioned to continue delivering in 2014 and beyond.
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