This Bearish Trade Might Work Best If Netflix Stock Is Fading

TRENDING: This Industry Is Flashing Gargantuan Market-Size Estimates Netflix (NFLX) stock broke below its 21-day exponential and 50-day moving averages on Thursday and has been showing declining relative strength since late June. Today, let's look at a bear call spread that assumes Netflix will struggle to get back above 1,260 between now and mid-October. A bear call spread involves selling an out-of-the-money call and buying a further out-of-the-money call. Bearish trades can be risky in a bullish market, ...