Netflix’s most recent trend suggests a bullish bias. One trading opportunity on Netflix is a Bull Put Spread using a strike $375.00 short put and a strike $370.00 long put offers a potential 66.67% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $375.00 by expiration. The full premium credit of $2.00 would be kept by the premium seller. The risk of $3.00 would be incurred if the stock dropped below the $370.00 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 68.76 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Netflix
Wed, 10 Jul 2019 07:03:12 +0000
Elsewhere on Wednesday: — A Tesla stalker, or a meticulous researcher? — They were tailors , not bankers. — The UK’s portion size makes no sense . — Working towards a universal music database. — Netflix …
A Booming International Movie Market Is Transforming Hollywood
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Better Buy: Amazon vs. Netflix
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Why ‘Friends’ Is Leaving Netflix
Wed, 10 Jul 2019 00:05:52 +0000
WarnerMedia has confirmed that ‘Friends’ will be a part of its new streaming service, HBO Max, in 2020.
Has a Netflix Subscription Finally Gotten Too Expensive?
Wed, 10 Jul 2019 00:00:00 +0000
The streaming giant has historically displayed pricing power, but has a fourth hike in five years finally gone too far?
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