Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $432.50 short put and a strike $427.50 long put offers a potential 44.93% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $432.50 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $3.45 would be incurred if the stock dropped below the $427.50 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 76.32 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
Comcast CEO Roberts Emerges From Malone's Shadow as King of Cable
Fri, 14 Feb 2014 05:00:01 GMT
Netflix stock coming up aces
Thu, 13 Feb 2014 23:50:00 GMT
Consumers wary of Comcast, Time Warner Cable merger
Thu, 13 Feb 2014 23:44:35 GMT
Comcast CEO Roberts Emerges From Malone's Shadow as King of Cable
Thu, 13 Feb 2014 22:44:22 GMT
Legal experts: Cable TV deal likely to click
Thu, 13 Feb 2014 22:29:39 GMT
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