Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $114.00 short put and a strike $109.00 long put offers a potential 30.55% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $114.00 by expiration. The full premium credit of $1.17 would be kept by the premium seller. The risk of $3.83 would be incurred if the stock dropped below the $109.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Disney 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 Disney is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 Disney
Can Disney's Stock Regain the Magic After Earnings?
Wed, 04 Nov 2015 11:09:00 GMT
Walt Disney to invest $200 mln in Vice Media
Wed, 04 Nov 2015 03:27:41 GMT
Virtual Reality is Stunning. But is it a Business?
Wed, 04 Nov 2015 02:57:52 GMT
Vice gets TV channel in A&E deal, Disney invests $200 mn
Wed, 04 Nov 2015 00:16:43 GMT
Trading TV: How to play CBS, Disney earnings
Tue, 03 Nov 2015 23:53:53 GMT
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