Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $155.00 short call and a strike $165.00 long call offers a potential 20.34% return on risk over the next 34 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $155.00 by expiration. The full premium credit of $1.69 would be kept by the premium seller. The risk of $8.31 would be incurred if the stock rose above the $165.00 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 51.22 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 Disney
Netflix Is Seeking Subscriber Growth in India
Fri, 17 Dec 2021 11:07:00 +0000
Netflix (NASDAQ: NFLX) made an interesting change to its service in India this week. When its competitor, Amazon (NASDAQ: AMZN), raised prices for its Prime subscription options, Netflix lowered the prices of its plans. At the low end, subscribers can get access to Netflix's mobile-only plan for just 149 rupees ($1.92) per month (down from 199 rupees per month, or $2.61), which is now less than Amazon's monthly Prime pricing.
Bridges Investment Fund Inc Buys Cable One Inc, Chemed Corp, Terminix Global Holdings Inc, …
Fri, 17 Dec 2021 07:38:01 +0000
Investment company Bridges Investment Fund Inc (Current Portfolio) buys Cable One Inc, Chemed Corp, Terminix Global Holdings Inc, AptarGroup Inc, BWX Technologies Inc, sells The Walt Disney Co, Booking Holdings Inc, Ecolab Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Bridges Investment Fund Inc.
Your Favorite Stock Sold Off: Is it a Deal or a Trap?
Thu, 16 Dec 2021 19:54:07 +0000
Disney, PayPal, Gap, Nordstrom and Williams-Sonoma are all on sale. Should value investors dive in?
Disney Channels Could Be Removed From YouTube TV
Thu, 16 Dec 2021 18:58:20 +0000
Disney channels could leave YouTube TV if the two companies fail to reach an “equitable agreement” for their carriage contract.
Now you can invest in the future of bowling
Thu, 16 Dec 2021 17:19:37 +0000
Bowlero is now a public company. Here's what the company's founder told Yahoo Finance Live.
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