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 49.25% return on risk over the next 29 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 $3.30 would be kept by the premium seller. The risk of $6.70 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 61.64 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
Netflix binge viewing leads to comedian purge spewing
Fri, 20 Dec 2013 23:01:00 GMT
Investor's Business Daily – Netflix binge viewing leads to comedian purge spewing
Netflix 4K video streams may attract ‘hundreds' of viewers
Fri, 20 Dec 2013 21:12:00 GMT
Investor's Business Daily – Netflix 4K video streams may attract ‘hundreds' of viewers
Why Netflix has hit its peak: Strategists
Fri, 20 Dec 2013 20:23:22 GMT
Talking Numbers – http://d.yimg.com/hd/cnbc2/lotus/1387570447878_175_21z2aA7DANgq1_1_0.jpg?s=6ba154a8c0f84d10f008d141b427b186&c=61c210728fa92834da35ca1fb474d571&a=cnbc2&mr=0
Hold the Obit: Best Buy's Not Dead Yet
Fri, 20 Dec 2013 20:13:01 GMT
Kate Mara calls for revolution against technology in new ‘Transcendence' teaser
Fri, 20 Dec 2013 19:33:32 GMT
The Verge – Kate Mara, best known for her role in Netflix's House of Cards series, just showed up in a new teaser trailer for the upcoming Transcendence. As with yesterday's trailer, the teaser focuses on the Singularity — what Johnny Depp's character calls Transcendence — or the moment when technological progress outstrips the limits of biology. Here, however, Mara's character Bree warns humanity of the dangers of self-aware technology and how machines will eventually use their power to destroy us. …
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