Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $111.00 short put and a strike $106.00 long put offers a potential 25.31% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $111.00 by expiration. The full premium credit of $1.01 would be kept by the premium seller. The risk of $3.99 would be incurred if the stock dropped below the $106.00 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 79.36 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
The Most Popular Theme Parks and Water Parks in the World
Mon, 30 Jul 2018 01:35:00 +0000
Theme parks continue to find ways to tap our wallets: rides, hotels, food, retail shops, and features that capitalize on intellectual property, such as popular films. People are flocking to see their favorite film characters in themed attractions that feature Star Wars characters, Harry Potter, minions, dinosaurs and the like.
[$$] Don’t Buy Disney Stock Just Yet
Sun, 29 Jul 2018 23:43:34 +0000
On Friday Fox shareholders approved Disney’s $71 billion offer. Disney, already the world’s largest entertainment company, will be an even more formidable force in media. With its share price back to where it was before the bidding war began, is it time to buy?
Netflix Still Isn't Fully Acknowledging Looming Competition From Disney
Sun, 29 Jul 2018 18:05:00 +0000
Disney is entering the streaming space swinging next year, but Netflix still doesn't seem overly concerned.
Kanye West beat the market by more than 40 percent
Sat, 28 Jul 2018 14:50:00 +0000
According to CNBC's analysis, the portfolio rapper Kanye West chose for wife Kim Kardashian has outperformed the S&P 500 Index by more than 40 percent.
Disney’s shareholders have voted to buy those Fox assets. Now what?
Sat, 28 Jul 2018 14:39:00 +0000
CORRECTION: An earlier headline in this article incorrectly stated that Walt Disney Co’s board had approved an acquisition of 21st Century Fox Inc.’s assets. The Walt Disney Co. and 21st Century Fox Inc. shareholders approved a $71.3 billion deal on Friday that will place some of Fox’ most-coveted entertainment assets into the Mouse House’s already-formidable content arsenal. The approval came after months of uncertainty, with Comcast Corp. (CMCSA) making an unsolicited $65-million cash bid in June, forcing Disney (DIS) to raise its initial $52.4-billion stock offer to $71 billion in cash and stock.
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