Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $89.00 short put and a strike $84.00 long put offers a potential 20.19% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $89.00 by expiration. The full premium credit of $0.84 would be kept by the premium seller. The risk of $4.16 would be incurred if the stock dropped below the $84.00 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 62.77 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Disney Makes Space for Snow White With Tokyo Expansion
Fri, 31 Oct 2014 07:49:18 GMT
‘Big Hero 6’ Turns Godzilla Into Lovable Disney Robot
Fri, 31 Oct 2014 04:00:01 GMT
Vice Holds Talks With Pay-TV Services on New Networks
Fri, 31 Oct 2014 02:45:13 GMT
Cramer Remix: Apologies owed on Wall Street
Thu, 30 Oct 2014 23:49:47 GMT
Cramer: Best-of-breed stock picks circle back
Thu, 30 Oct 2014 22:35:52 GMT
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