Netflix's most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $445.00 short put and a strike $435.00 long put offers a potential 53.85% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $445.00 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 $435.00 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 68.68 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
Ultra HD TV could remain a luxury like Coach handbags
Thu, 14 Aug 2014 23:07:00 GMT
Katy Perry tweets a barista to fame
Thu, 14 Aug 2014 23:06:44 GMT
Thu, 14 Aug 2014 22:47:00 GMT
Markets Gather Some Momentum As Volume Remains Light, Geopolitical Tension Improving
Thu, 14 Aug 2014 20:37:47 GMT
Netflix to launch five new original comedy specials, including Bill Cosby
Thu, 14 Aug 2014 16:29:33 GMT
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