Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $115.00 short put and a strike $110.00 long put offers a potential 13.64% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $110.00 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 74.45 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Gary Newman in talks to lead Fox Broadcasting post-Disney deal – Variety
Mon, 01 Oct 2018 18:57:50 +0000
(Reuters) – Gary Newman, co-head of Twenty-First Century Fox Inc's (FOXA.O) television group, is in negotiations with the company to lead Fox Broadcasting after the Walt Disney (DIS.N) deal, Variety reported …
Amazon, ESPN+, Micropayments & the Future of Streaming Sports
Mon, 01 Oct 2018 18:41:06 +0000
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains breaks down Amazon's (AMZN) Thursday Night Football innovations. The episode then dives into the latest news from Disney's (DIS) ESPN+, Turner and the NBA, and more as we explore the future of streaming sports.
Comcast Pauses 2019 Stock Buyback to Focus on Post-Sky Debt Reduction
Mon, 01 Oct 2018 17:06:00 +0000
Comcast said it would buyback around $5 billion in shares over the 2018 year, however, according to a Securities and Exchange Commission filing. As of December 31, 2017, Comcast had $7 billion available under its share repurchase authorization. Comcast shares fell 0.56% Monday, October 1.
Top Analyst Reports for ExxonMobil, Disney & AbbVie
Mon, 01 Oct 2018 14:47:02 +0000
Top Analyst Reports for ExxonMobil, Disney & AbbVie
What’s ahead for Hulu after Comcast-Sky Deal?
Mon, 01 Oct 2018 14:30:34 +0000
The online streaming service provider Hulu is jointly owned by four companies. Walt Disney (DIS), Comcast (CMCSA), and 21st Century Fox (FOXA) each have a 30% stake in Hulu. After the acquisition of Time Warner, AT&T (T) holds a 10% stake in Hulu.
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