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 24.43% return on risk over the next 14 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 $1.08 would be kept by the premium seller. The risk of $4.42 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 61.85 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
3 Top Entertainment Stocks to Watch in January
Thu, 06 Jan 2022 11:10:00 +0000
These three entertainment stocks underperformed in 2021, but are poised to lead the way this year and beyond.
Jim Cramer: 2022 is the year to invest in companies that actually make money — and these 3 stocks fit the bill
Wed, 05 Jan 2022 20:40:00 +0000
It's time to abandon today’s obsession with empty growth, the CNBC host says.
IMS Capital Management Buys The Walt Disney Co, PayPal Holdings Inc, FedEx Corp, Sells Vistra …
Wed, 05 Jan 2022 18:38:03 +0000
Portland, OR, based Investment company IMS Capital Management (Current Portfolio) buys The Walt Disney Co, PayPal Holdings Inc, FedEx Corp, Amazon.com Inc, JPMorgan Core Plus Bond ETF, sells Vistra Corp, Chevron Corp, United Parcel Service Inc, Dollar Tree Inc, Sysco Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, IMS Capital Management.
HBO Max shows growth despite industry slowdown
Wed, 05 Jan 2022 16:59:54 +0000
WarnerMedia’s HBO Max streaming service gained subscribers through the holidays, defying the slowing pace of growth at some rival services, thanks to a programming lineup that included the revival of its popular “Sex and the City” series and newly released films such as “The Matrix Resurrections.” HBO ended the year with 73.8 million subscribers to its streaming service and namesake cable network, up from 69.4 million in September. “I do believe the ceiling on streaming services is much higher than we’ve seen to date,” said WarnerMedia CEO Jason Kilar, in an interview.
Disney Allowed To Create Its Own Metaverse At Theme Parks
Wed, 05 Jan 2022 16:32:00 +0000
The Walt Disney Co. received approval from the United States Patent and Trademark Office on Dec. 28 to create its own virtual reality space at its theme parks. Disney said the patent will be used to create a virtual world at its brick and mortar venues such as inside a theme park or Disney property. The entertainment company already has over 300 patents that are used for its ride systems, live entertainment, interactive technology, special effects, fiber optics and advanced audio systems.
Related Posts
Also on Market Tamer…
Follow Us on Facebook