Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $81.00 short put and a strike $76.00 long put offers a potential 7.3% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $81.00 by expiration. The full premium credit of $0.34 would be kept by the premium seller. The risk of $4.66 would be incurred if the stock dropped below the $76.00 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 at 67.07 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
‘Scandal,’ ‘Goldbergs’ Among ABC’s Renewals; New Shonda Rhimes and John Ridley Dramas Highlight Pickups
Mon, 12 May 2014 10:44:07 GMT
Overextended, Music TV Shows Fade
Mon, 12 May 2014 01:10:48 GMT
Stepping Up to a Host Spot
Sun, 11 May 2014 21:55:44 GMT
‘Neighbors’ Topples ‘Spider-Man’ to Open as No. 1 Movie
Sun, 11 May 2014 18:56:56 GMT
The top films at the North American box office
Sun, 11 May 2014 16:17:58 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook