Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $94.00 short put and a strike $89.00 long put offers a potential 13.12% 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 $94.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock dropped below the $89.00 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 58.72 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
Oregon’s Rise to Football Power Boosts Business for Former Ducks
Mon, 12 Jan 2015 05:00:09 GMT
‘Boyhood’ Leads Subdued Golden Globes
Mon, 12 Jan 2015 04:44:07 GMT
J.K. Simmons Wins Golden Globe for ‘Whiplash’ Role
Mon, 12 Jan 2015 01:17:20 GMT
‘Sisters' Gets A Golden Globes Commercial: Tina Fey, Amy Poehler Vs ‘Star Wars'
Sun, 11 Jan 2015 23:20:00 GMT
Wanda challenges Disney with shift from property to theme parks
Sun, 11 Jan 2015 19:16:24 GMT
Financial Times – Wang Jianlin, China's second-richest man, made his fortune building shopping malls. Of late, however, he has shown more interest in becoming an entertainment mogul. Across the country, the property unit …
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