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 17.1% return on risk over the next 22 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 $0.73 would be kept by the premium seller. The risk of $4.27 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 56.82 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
‘Hobbit’ Wins in Final Weekend of Slowest Year Since 2011
Mon, 29 Dec 2014 05:01:00 GMT
Box Office: ‘Hobbit' wins, ‘Interview' has strong VOD sales
Sun, 28 Dec 2014 23:58:54 GMT
‘Hobbit’ Outdraws Four Christmas Releases to Hold No. 1 Spot
Sun, 28 Dec 2014 21:02:46 GMT
The top films at the North American box office
Sun, 28 Dec 2014 18:40:02 GMT
Reuters – Following are the top 10 movies at North American box offices for the three days starting Dec. 26, led by “The Hobbit: The Battle of the Five Armies,” according to studio estimates compiled by …
“Hobbit” battles ‘Unbroken,' ‘Into the Woods' to second box office win
Sun, 28 Dec 2014 17:30:46 GMT
Reuters – The last movie of Peter Jackson's three “Hobbit” films rode to a second consecutive win atop U.S. and Canadian weekend box office charts, selling an estimated $41.4 million worth of tickets to …
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