Netflix (NFLX) Offering Possible 41.84% Return Over the Next 30 Calendar Days

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Netflix’s most recent trend suggests a bearish bias. One trading opportunity on Netflix is a Bear Call Spread using a strike $540.00 short call and a strike $550.00 long call offers a potential 41.84% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $540.00 by expiration. The full premium credit of $2.95 would be kept by the premium seller. The risk of $7.05 would be incurred if the stock rose above the $550.00 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 49.44 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

Dow Jones Futures Rally 200 Points As IBM Jumps On Earnings Beat; Netflix Earnings On Tap
Tue, 20 Jul 2021 11:53:22 +0000
Dow Jones futures rallied 200 points early Tuesday after the stock market sold off on Covid-19 fears. Netflix earnings are due out late.

Sifting Through the Wreckage, One Ugly Chart, Holding the Line, Netflix Preview
Tue, 20 Jul 2021 07:27:00 +0000
Off through the new day’s mist I run Out of the new day’s mist I have come I hunt, therefore I am Harvest the land, taking of the fallen lamb Off through the new day’s mist I run Out from the new day’s mist I have come We shift, pulsing with the Earth Company we keep, roaming the land while you sleep — “Of Wolf and Man”, Kirk Hammett (Metallica), 1991 Rejected I had been sifting through the wreckage.

Markets Shed July Gains in One Day: Dow -725 Points
Mon, 19 Jul 2021 21:49:09 +0000
It’s a big shake-out, no two ways about it. But is it something worse, or a buying opportunity?

This Week’s Must-See Earnings Charts
Mon, 19 Jul 2021 21:20:09 +0000
All eyes will be on these five companies. Can they beat again?

Stock market news live updates: Stocks suffer biggest drop in months as rising COVID cases shake confidence
Mon, 19 Jul 2021 20:49:28 +0000
Investors are struggling to calibrate a strong recovery against rising prices, and resurgent COVID-19 infections.

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