Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $370.00 short put and a strike $360.00 long put offers a potential 48.15% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $370.00 by expiration. The full premium credit of $3.25 would be kept by the premium seller. The risk of $6.75 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 60.67 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
Hold the Obit: Best Buy's Not Dead Yet
Fri, 20 Dec 2013 00:00:58 GMT
Good time for the banks: Cramer
Thu, 19 Dec 2013 23:00:00 GMT
CNBC – Mad Money host Jim Cramer shares 5 sectors to buy without much risk and a ton of reward.
Netflix Wins TV Series Spinoff Rights
Thu, 19 Dec 2013 21:05:02 GMT
Zacks – Netflix Inc. wins yet another deal. This time the video service provider has secured the rights to make new episodes of a spinoff of the Breaking Bad television series.
Can Priceline extend its impressive run?
Thu, 19 Dec 2013 20:38:00 GMT
Fortune – by Kevin Kelleher, contributor FORTUNE — Which of the following five veterans of technology has seen its stock price rise the most over the past ten years: a) Apple, b) Google, c) Amazon, d) Netflix, …
The Daily Startup: Telly the Next Startup to Vie With Netflix Overseas
Thu, 19 Dec 2013 14:57:03 GMT
The Wall Street Journal – A roundup of venture-capital news and analysis from VentureWire and around the Web.
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