Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $90.00 short call and a strike $95.00 long call offers a potential 14.42% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $90.00 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $4.37 would be incurred if the stock rose above the $95.00 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 38.6 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
The top films at the North American box office
Sun, 28 Sep 2014 17:49:21 GMT
The Walt Disney Company Won't Have To Pay Author $250 Million If It Never Read The Book
Sun, 28 Sep 2014 15:42:20 GMT
Box Office: Denzel Washington's ‘The Equalizer' Opens To $35M Weekend
Sun, 28 Sep 2014 15:01:00 GMT
Box Office: Denzel Washington's ‘The Equalizer' Nabs $12.6M Friday
Sat, 27 Sep 2014 14:51:00 GMT
17 New Hollywood Movies You Will Want to See Over the Holidays
Sat, 27 Sep 2014 14:50:00 GMT
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