Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $89.00 short put and a strike $84.00 long put offers a potential 15.21% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $89.00 by expiration. The full premium credit of $0.66 would be kept by the premium seller. The risk of $4.34 would be incurred if the stock dropped below the $84.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Disney
Can Comfy Chairs and Laser Projectors Bring People Back to the Movies?
Thu, 06 Nov 2014 08:30:54 GMT
CBS at 87 Plunges Into Web-TV With Sony, 24-Hour News
Thu, 06 Nov 2014 06:20:33 GMT
[$$] Disney’s Earnings Should Enchant
Thu, 06 Nov 2014 05:41:44 GMT
The Wall Street Journal – Ahead of the Tape: The Mouse House doesn’t need advertising revenue when it has the princesses of “Frozen.”
Walt Disney, Zynga, Tesla in focus
Thu, 06 Nov 2014 05:01:12 GMT
18 trades on big earnings movers
Thu, 06 Nov 2014 00:02:33 GMT
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