Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $86.00 short put and a strike $81.00 long put offers a potential 13.38% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $86.00 by expiration. The full premium credit of $0.59 would be kept by the premium seller. The risk of $4.41 would be incurred if the stock dropped below the $81.00 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 50.14 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
[$$] ABC Shows Early Strength in Fall Ratings Race
Mon, 27 Oct 2014 04:44:54 GMT
The Wall Street Journal – ABC’s viewership so far this season is up 7% from last year, helped by two new shows, the comedy ‘Black-ish’ and drama “How to Get Away With Murder,” putting it in second place in entertainment programming….
Ballmer's $1bn slam dunk on Clippers deal
Sun, 26 Oct 2014 20:00:53 GMT
Financial Times – Slideshow: Steve Ballmer's purchase of the Los Angeles Clippers Steve Ballmer stands to gain about $1bn in tax benefits as a result of his $2bn purchase of the Los Angeles Clippers basketball team, helping …
The top films at the North American box office
Sun, 26 Oct 2014 16:39:51 GMT
Box Office: ‘Ouija' Summons $20M Weekend, Keanu Reeves' ‘John Wick' Nabs $14M
Sun, 26 Oct 2014 14:55:00 GMT
Friday Box Office: ‘Ouija' Scares Up $8.3M, ‘John Wick' Shoots Up $5.45M
Sat, 25 Oct 2014 14:45:00 GMT
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