Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $104.00 short put and a strike $99.00 long put offers a potential 21.65% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $104.00 by expiration. The full premium credit of $0.89 would be kept by the premium seller. The risk of $4.11 would be incurred if the stock dropped below the $99.00 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 75.71 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Disney, Zumiez Among 6 Retailers Ending ‘On Call' Work Schedules
Tue, 20 Dec 2016 05:57:25 GMT
Disney Among Retailers Ending On-Call Shifts in Multistate Deal
Tue, 20 Dec 2016 05:00:00 GMT
Jim Cramer's ‘Mad Money' Recap: Here's a Powerful Incentive to Keep Buying, Stay Long
Tue, 20 Dec 2016 01:33:00 GMT
Indexes Rise But Fade; Boeing, Disney Top Notable Movers; Nike On Tap
Tue, 20 Dec 2016 00:10:44 GMT
Disney hits industry high of $7 billion at global box office
Mon, 19 Dec 2016 23:15:06 GMT
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