Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $100.00 short call and a strike $110.00 long call offers a potential 18.2% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $100.00 by expiration. The full premium credit of $1.54 would be kept by the premium seller. The risk of $8.46 would be incurred if the stock rose above the $110.00 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 33.09 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
[$$] Chinese billionaire Wang Jianlin warns Disney over Shanghai resort
Tue, 24 May 2016 09:33:10 GMT
Financial Times – Wang Jianlin has taken a shot at Disney as the Chinese billionaire's Dalian Wanda Group prepares to open a theme park in a direct challenge to Walt Disney's forthcoming Shanghai resort. “Disney really …
Wanda Billionaire Says Disney No Match for His ‘Wolf Pack’
Tue, 24 May 2016 04:06:18 GMT
Disney ditches the dollar
Mon, 23 May 2016 23:58:17 GMT
Comcast CFO Doesn't Think It Overpaid for DreamWorks Animation
Mon, 23 May 2016 23:12:00 GMT
Comcast’s Universal Pictures to Focus on Franchises like Bourne
Mon, 23 May 2016 22:05:57 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook