Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $114.00 short call and a strike $119.00 long call offers a potential 15.21% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $114.00 by expiration. The full premium credit of $0.66 would be kept by the premium seller. The risk of $4.34 would be incurred if the stock rose above the $119.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Disney 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 Disney is bearish.
The RSI indicator is at 41.52 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
[$$] Disney Invests Another $200 Million in Vice Media
Wed, 09 Dec 2015 05:09:57 GMT
[$$] Disney Invests Another $200 Million in Vice Media
Wed, 09 Dec 2015 00:40:07 GMT
Disney’s ‘Star Wars’ Practically Markets Itself
Wed, 09 Dec 2015 00:18:26 GMT
Will The Walt Disney Company Raise Its Dividend in 2016?
Wed, 09 Dec 2015 00:00:00 GMT
Hulu Faces Unknown Future With or Without Time Warner
Tue, 08 Dec 2015 23:00:00 GMT
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