Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $152.50 short put and a strike $147.00 long put offers a potential 18.03% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $152.50 by expiration. The full premium credit of $0.84 would be kept by the premium seller. The risk of $4.66 would be incurred if the stock dropped below the $147.00 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 70.1 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
These Streaming Metrics Should Have Netflix Investors Jumping for Joy
Fri, 07 Jan 2022 11:45:00 +0000
Netflix (NASDAQ: NFLX) pioneered the concept of streaming video as we know it today, being among the first to deliver movies and television series via the internet. The company has long maintained its leadership in the space, with Amazon's (NASDAQ: AMZN) Prime Video and Hulu, controlled by Disney (NYSE: DIS), rounding out the top three. Deep-pocketed rivals — including Disney, AT&T, and Comcast — dived deeper into streaming, debuting Disney+, HBO Max, and Peacock, all in an effort to stake their claim and potentially dethrone the champ.
Versant Capital Management, Inc Buys Dimensional World ex U.S. …
Thu, 06 Jan 2022 22:38:04 +0000
Investment company Versant Capital Management, Inc (Current Portfolio) buys Dimensional World ex U.S.
Dow Jones Falls As Yields Rise Again; Alibaba Leads China Stocks Higher; Tesla Stock Does This
Thu, 06 Jan 2022 21:26:02 +0000
The Dow Jones fell as the Nasdaq made a stand. Disney stock was a top blue chip. Alibaba was among China stocks rising. Tesla stock lagged.
The Walt Disney Company Executives to Discuss Fiscal First Quarter 2022 Financial Results via Webcast
Thu, 06 Jan 2022 18:30:00 +0000
BURBANK, Calif., January 06, 2022–The Walt Disney Company (NYSE: DIS) will discuss fiscal first quarter 2022 financial results via a live audio webcast beginning at 4:30 p.m. ET / 1:30 p.m. PT on Wednesday, February 9, 2022.
Will Disney World and Disneyland Close Again in 2022?
Thu, 06 Jan 2022 16:50:00 +0000
Hong Kong Disneyland is closing down for two weeks to combat a rise in COVID-19 cases. Disney's stateside parks could — but probably won't — follow suit.
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