Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $113.00 short call and a strike $118.00 long call offers a potential 17.37% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $113.00 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 rose above the $118.00 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 33.74 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
‘Stars Wars' is latest film to show why Hollywood wants you to buy tickets in advance
Thu, 10 Dec 2015 11:15:00 GMT
2 Companies That Could Win Big Betting on Star Wars
Thu, 10 Dec 2015 00:02:00 GMT
DreamWorks Poised To Capitalize On China: Analyst
Wed, 09 Dec 2015 20:04:00 GMT
Walt Disney Co Prepares to Open Its 1,000 Acre Piece of Heaven
Wed, 09 Dec 2015 19:03:00 GMT
Facebook hails US presidential race as 2015's top topic
Wed, 09 Dec 2015 15:48:52 GMT
AP – The U.S. won't elect a president until next year but the debate over the crowded field of candidates jostling for the Oval Office emerged as the hottest topic on Facebook this year. The race for the Democratic …
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