Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $350.00 short put and a strike $340.00 long put offers a potential 52.67% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $350.00 by expiration. The full premium credit of $3.45 would be kept by the premium seller. The risk of $6.55 would be incurred if the stock dropped below the $340.00 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 63.65 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
Smart money is angry: Cramer
Tue, 26 Nov 2013 23:00:00 GMT
CNBC – Mad Money host Jim Cramer says smart money is jealous of “dumb money” because they are buying stocks that seemingly continue to go higher.
Tivo beats estimates as cable subscriptions rise
Tue, 26 Nov 2013 22:48:01 GMT
Reuters – Digital video recorder maker TiVo Inc reported better-than-expected quarterly results, helped by strong growth in cable television subscriptions. TiVo's shares rose 3 percent in extended trading. The company …
Worst year pay TV industry has ever had: Pro
Tue, 26 Nov 2013 17:12:00 GMT
CNBC – Craig Moffett, MoffettNathanson founder and senior analyst, discusses the cord cutting phenomenon, consolidation in the cable industry and the challenge facing cable operators.
From alpha to ‘Betas’: how Amazon is rethinking the way television is made
Tue, 26 Nov 2013 16:40:01 GMT
The Verge – When Amazon Studios launched in 2010, it had a bold vision for reimagining the way movies were made. In 2012, a year after Netflix had closed its deal for House of Cards, Amazon Studios announced it was going after television as well. Betas is just the second series to come out of the studio, joining the John Goodman vehicle Alpha House which premiered earlier this month. Created by Evan Endicott and Josh Stoddard, it tells the story of a group of friends in the Silicon Valley startup scene, but more importantly, it represents Amazon Studios taking its crowdsourced-feedback concept and applying it to the traditional model of making TV shows.
Social Mood: Measuring Frustration in the Stock Market
Tue, 26 Nov 2013 15:51:00 GMT
Minyanville – If this is social mood at all-time highs, do we want to see the turn?
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