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 57.48% return on risk over the next 31 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 $3.65 would be kept by the premium seller. The risk of $6.35 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 62.71 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
Baidu and Rakuten strike online video deal
Thu, 19 Dec 2013 00:01:30 GMT
Financial Times – Viki, the online video service owned by Japanese ecommerce group Rakuten, will this week bring TV shows and movies from around the world to China through a partnership with the country's largest search …
Viki Strikes Deal With Baidu to Bring Crowd-Translated Programming to China
Wed, 18 Dec 2013 23:30:34 GMT
AllThingsD – “Hulu for the rest of the world” enters a big market.
5 Must-Have Products for Cord Cutters
Wed, 18 Dec 2013 22:01:59 GMT
Motley Fool – If you're thinking about getting rid of cable but still want entertainment on your TV, these are the products you'll need. Our analyst looks at Netflix, Hulu Plus, Amazon Prime Instant Video, and Apple …
Amazon Plans to Unveil Pantry Service
Wed, 18 Dec 2013 21:30:03 GMT
Zacks – Reportedly, Amazon.com (AMZN) is planning to launch an online grocery shop called “Pantry,” mainly aimed at Amazon Prime members.
S&P Stocks Hitting New Highs
Wed, 18 Dec 2013 20:33:02 GMT
Fox Business – More than 10% of all S&P 500 stocks hit all-time highs today after the Fed announced its decision to slow its monthly bond purchases.
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