Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $98.50 short call and a strike $104.00 long call offers a potential 37.16% return on risk over the next 4 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $98.50 by expiration. The full premium credit of $1.49 would be kept by the premium seller. The risk of $4.01 would be incurred if the stock rose above the $104.00 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 59.9 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
Better Buy: Netflix, Inc. vs. Facebook
Mon, 14 Mar 2016 04:02:00 GMT
HBO Promises 600 Hours of New Original Content — Should Netflix Inc. Be Worried?
Sun, 13 Mar 2016 18:30:00 GMT
These Are The Best Run Technology Companies in the World
Sun, 13 Mar 2016 16:07:50 GMT
Your Trading Week: A Look Back, A Look Ahead
Sun, 13 Mar 2016 15:48:00 GMT
Netflix, Michael Kors, Palo Alto: Beaten Down Stocks Bouncing Back
Sun, 13 Mar 2016 15:08:02 GMT
Also on Market Tamer…
Follow Us on Facebook