Discovery's most recent trend suggests a bearish bias. One trading opportunity on Discovery is a Bear Call Spread using a strike $40.00 short call and a strike $50.00 long call offers a potential 5.82% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $40.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $9.45 would be incurred if the stock rose above the $50.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Discovery 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 Discovery is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold 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 Discovery
Rob Lowe: Future of entertainment
Tue, 16 Sep 2014 16:38:00 GMT
[$$] Rebound Eludes TV Ads
Tue, 16 Sep 2014 16:18:54 GMT
The Wall Street Journal – TV networks have been banking on a surge in ad spending in coming weeks, following weaker-than-expected “upfront” advance ad sales for the new season. But the fall season is looking tepid.
Working Mother Names Discovery Communications To The List Of “100 Best Companies For Working Mothers” For 15th Consecutive Year
Tue, 16 Sep 2014 14:15:00 GMT
PR Newswire – NEW YORK, Sept. 16, 2014 /PRNewswire/ — Working Mother magazine today named Discovery Communications, for the 15th consecutive year, as one of Working Mother 100 Best Companies for outstanding leadership in establishing policies, programs and corporate culture that supports working moms, including child care, flexible work arrangements, paid parental leave and advancement of women. Companies are also measured on access to and usage of family-friendly programs. “Employees are the heart of our business at Discovery, and without question, our most valued asset,” said Adria Alpert Romm, Chief Human Resources & Global Diversity Officer at Discovery Communications. “Discovery has built a culture that supports employee flexibility and balance, helping them to feel accomplished, happy and fulfilled both at work and at home. Carol Evans, president, Working Mother Media said, “The Working Mother 100 Best Companies are the leaders in the advancement of women by supporting their need to integrate family and work successfully.
Insider Trading Alert – DISCA, EGP And XONE Traded By Insiders
Tue, 16 Sep 2014 14:07:00 GMT
EU mergers and takeovers (Sept 16)
Tue, 16 Sep 2014 11:26:19 GMT
Reuters – UK Focus – The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS — U.S. cable company Liberty Global and Discovery Communications …
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