Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $105.00 short put and a strike $97.50 long put offers a potential 10.95% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $105.00 by expiration. The full premium credit of $0.74 would be kept by the premium seller. The risk of $6.76 would be incurred if the stock dropped below the $97.50 long put 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 37.94 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
‘Star Wars: The Force Awakens’ Review: A New Hope with the Old Force
Wed, 16 Dec 2015 12:03:07 GMT
[$$] Alibaba, Disney Strike Deal to Sell Content System in China
Wed, 16 Dec 2015 12:01:42 GMT
Why J.J. Abrams Is the Master of the Hollywood Sequel
Wed, 16 Dec 2015 11:00:15 GMT
Disney launches Chinese streaming service with Alibaba
Wed, 16 Dec 2015 10:31:55 GMT
Disney Turns to K-pop to Make Star Wars Relevant in China
Wed, 16 Dec 2015 09:16:47 GMT
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