Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 6.38% 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 $85.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $80.00 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.
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LATEST NEWS for Disney
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Sun, 06 Jul 2014 17:20:59 GMT
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Sun, 06 Jul 2014 15:37:00 GMT
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Sun, 06 Jul 2014 15:04:11 GMT
This Is Why Disney Is Winning More Than Just the World Cup
Sun, 06 Jul 2014 13:33:06 GMT
‘Transformers: Age of Extinction’ Takes Weekend Box Office Lead
Sun, 06 Jul 2014 12:30:13 GMT
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