Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $375.00 short put and a strike $365.00 long put offers a potential 53.85% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $375.00 by expiration. The full premium credit of $3.50 would be kept by the premium seller. The risk of $6.50 would be incurred if the stock dropped below the $365.00 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 66.21 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
Must See HDTV (December 23rd – 29th)
Tue, 24 Dec 2013 00:56:00 GMT
Engadget – The last full week of 2013 is mostly filled with college football bowl games and holiday specials, but the streaming services have some treats. Netflix will premiere the first five episodes of Turbo F.A.S.T. …
Sparks Will Fly This Holiday Season
Mon, 23 Dec 2013 23:28:01 GMT
Bloomberg – Dec. 23 (Bloomberg) –- On “Weird Wall Street,” Julie Hyman, Adam Johnson and Trish Regan look at bizarre business stories on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
Difference makers 2013: Carl Icahn
Mon, 23 Dec 2013 21:42:00 GMT
CNBC – A year in the life of activist investor Carl Icahn, with CNBC's Scott Wapner.
Best of 2013: Ken Burns Questions Netflix
Mon, 23 Dec 2013 18:39:46 GMT
Bloomberg – Filmmaker Ken Burns professes his love for the access to content Netflix provides, but not for their revenue sharing with content producers. He looks forward to the next deal PBS strikes with Netflix, …
AMC Networks: Don't Invest, Just See A Movie
Mon, 23 Dec 2013 15:49:14 GMT
Seeking Alpha – AMC Entertainment Holdings ( AMC ) made its public debut on Wednesday, December 18. Shares of the theatrical exhibition company ended their first day with gains of 5.0%.
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