Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $182.50 short put and a strike $177.50 long put offers a potential 17.37% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $182.50 by expiration. The full premium credit of $0.74 would be kept by the premium seller. The risk of $4.26 would be incurred if the stock dropped below the $177.50 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 40.27 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Disney
The Stock Market vs. Bitcoin, Fine Art, and Trading Cards
Fri, 09 Apr 2021 09:00:00 +0000
Went the gavel at Sotheby's auction house on May 18, 2017. Untitled, a painting by Jean-Michel Basquiat, had just sold for $110.5 million — a new record for the most expensive artwork by an American artist. Fine art has been a reliable asset class for centuries.
UPDATE 2-Disneyland's Avengers area to open in June with Spider-Man and shawarma
Thu, 08 Apr 2021 21:42:25 +0000
A new Avengers-themed area featuring a Spider-Man ride, roaming superheroes and a shawarma food cart will open at Walt Disney Co's Disneyland Resort in California on June 4, the head of the company's parks division said on Thursday. Disneyland, the original Disney theme park, and neighboring California Adventure were closed in March 2020 to help prevent spread of the novel coronavirus. The shutdown thwarted plans to open the Avengers Campus in July 2020.
Disneyland reopens this month: Be ready for fewer rides, no meet-and-greets — and shorter lines
Thu, 08 Apr 2021 15:27:00 +0000
The Disneyland and Disney California Adventure theme parks are set to reopen this month after being closed for a year because of the COVID-19 pandemic.
Is Disney Stock A Buy Right Now, As Disneyland Reopens This Month?
Wed, 07 Apr 2021 18:15:43 +0000
Disney stock is trying to rebound after coronavirus closures took a toll. Here's what fundamental and technical analysis says about buying Disney now.
Unknown Billionaire Phill Gross’ Top 10 Stock Picks
Wed, 07 Apr 2021 15:54:50 +0000
In the article, we discussed unknown billionaire Phil Gross’ top 10 stock picks and portfolio management strategy. Click to skip our discussion on Gross’ investment strategy and his latest portfolio updates to read Unknown Billionaire Phill Gross’ Top 5 Stock Picks. Adage Capital Management co-founder billionaire Phill Gross has successfully grown his money management firm […]
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