Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $109.00 short call and a strike $114.00 long call offers a potential 22.85% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $109.00 by expiration. The full premium credit of $0.93 would be kept by the premium seller. The risk of $4.07 would be incurred if the stock rose above the $114.00 long call 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 down which suggests that the medium-term momentum for Disney is bearish.
The RSI indicator is at 36.88 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
The only official ‘Star Wars: The Force Awakens' video game has one glaring omission
Wed, 30 Dec 2015 01:20:15 GMT
Here's how the massive earnings from the new ‘Star Wars' really get split up
Tue, 29 Dec 2015 21:08:41 GMT
Disney (DIS) Stock Up on Speculation of Higher Cut of ‘Star Wars’ Box Office
Tue, 29 Dec 2015 20:32:00 GMT
Disney is working on a gravity-defying robot that can scale walls
Tue, 29 Dec 2015 20:10:50 GMT
Disney is working on a gravity-defying robot that can scale walls
Tue, 29 Dec 2015 20:10:50 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook