Morning Trade: Netflix (NFLX)

Joe Tigay has his eyes on NFLX as it ascend to the top of a trading range. Netflix has now become a conventional media company, an does not expect a big move in either direction. However, the stock does have tech momentum behind it, and he demonstrates a bullish long call vertical spread. The trade has a defined return on risk which allows for limited upside participation as well as defined risk to the downside.

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Morning Trade: Netflix (NFLX)

Joe Tigay has his eyes on NFLX as it ascend to the top of a trading range. Netflix has now become a conventional media company, an does not expect a big move in either direction. However, the stock does have tech momentum behind it, and he demonstrates a bullish long call vertical spread. The trade has a defined return on risk which allows for limited upside participation as well as defined risk to the downside.

ON AIR
7:00 am
Market Overtime
replay

Get Market Minute

Daily insights for every investor

FOLLOW US