Netflix's most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $88.00 short call and a strike $93.00 long call offers a potential 38.89% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $88.00 by expiration. The full premium credit of $1.40 would be kept by the premium seller. The risk of $3.60 would be incurred if the stock rose above the $93.00 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 30.43 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
Netflix on Pay TV Benefits Operator Business, IHS Survey Finds
Fri, 12 Feb 2016 06:00:00 GMT
A Vulnerable Look at ‘Love’
Fri, 12 Feb 2016 04:57:01 GMT
New On Netflix This Week: Judd Apatow, Michael Pollan On Food And Lots Of Love
Fri, 12 Feb 2016 04:14:00 GMT
Netflix Shifts All IT to Amazon's Public Cloud
Fri, 12 Feb 2016 00:25:13 GMT
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Thu, 11 Feb 2016 23:00:32 GMT
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