Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $82.50 short call and a strike $87.50 long call offers a potential 11.36% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $82.50 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock rose above the $87.50 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 60.13 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
Early Glance: Media companies
Wed, 12 Mar 2014 14:32:09 GMT
Early Glance: Media companies
Wed, 12 Mar 2014 14:32:09 GMT
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Wed, 12 Mar 2014 13:57:56 GMT
Why ‘Captain America: The Winter Soldier’ Won’t Be Marvel’s Next Blockbuster
Wed, 12 Mar 2014 13:47:58 GMT
ESPN's NCAA Tournament Contest Does Not Guarantee A Prize To The Best Bracket; Are NCAA Leaders To Blame?
Wed, 12 Mar 2014 13:13:00 GMT
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