Netflix’s most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $335.00 short call and a strike $345.00 long call offers a potential 48.15% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $335.00 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 rose above the $345.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Netflix is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Netflix is bearish.
The RSI indicator is at 53.24 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
3 of the Week’s Biggest Movers: Netflix, Amazon and Microsoft
Fri, 25 Oct 2013 23:46:01 GMT
Motley Fool – Big moves in large-cap technology
Wall St Week Ahead – Focus on Facebook, Apple and the Fed
Fri, 25 Oct 2013 22:02:14 GMT
Bull Of The Day: Netflix
Fri, 25 Oct 2013 21:47:21 GMT
Seeking Alpha – By Tracey Ryniec Value investors hate it but momentum traders love it.
Netflix’s Global Growth Story Is Gaining Momentum
Fri, 25 Oct 2013 20:14:09 GMT
Motley Fool – Netflix is adding more and more subscribers to its roster.
NETFLIX INC Files SEC form 10-Q, Quarterly Report
Fri, 25 Oct 2013 20:08:14 GMT
Also on Market Tamer…
Follow Us on Facebook