Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $149.00 short put and a strike $144.00 long put offers a potential 32.28% 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 $149.00 by expiration. The full premium credit of $1.22 would be kept by the premium seller. The risk of $3.78 would be incurred if the stock dropped below the $144.00 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 74.91 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Box Office: 'Frozen 2' Sets Thanksgiving Record, 'Knives Out' Scores
Sun, 01 Dec 2019 16:16:35 +0000
Disney's “Frozen 2” stuffed the box office competition during Thanksgiving, generating $85.2 million over the weekend and a record-setting $123.7 million over the five-day holiday frame. Like, “Frozen 2,” the “Hunger Games” sequel opened a week ahead of Thanksgiving. After two weekends in theaters, “Frozen 2” is nearing the $300 million mark in North America with ticket sales currently at a massive $287 million.
Black Friday online sales hit all-time high — here are the hottest toys and electronics
Sat, 30 Nov 2019 18:16:00 +0000
This year’s Black Friday was the biggest ever for online sales, and Adobe Analytics says carts filled on phones, computers and tablets rang up $7.4 billion in transactions.
Disney is giving us Baby Yoda toys for Christmas
Sat, 30 Nov 2019 13:58:00 +0000
Merchandise featuring the breakout star of “The Mandalorian” on Disney+ will be available through stores like Amazon, Target and Macy’s.
Think celebrities and CEOs make way too much money? Check out this chart
Sat, 30 Nov 2019 13:57:00 +0000
In 2016, pop diva Taylor Swift strummed her way to $170 million in earnings to take the top spot on the Forbes Celebrity 100 list. The year before that, Uber boss Dara Khosrowshahi took home $94.6 million when he was serving as the chief executive at Expedia. But those figures are nothing compared with top hedge-fund guys.
Impressed by Disney’s Continued Movie Magic
Sat, 30 Nov 2019 01:15:00 +0000
J.P. Morgan expects the latest Star Wars saga to add to the entertainment giant’s box office win streak. Also, Wall Street analysts’ views on United Health Group, Envestnet, Marvell Technology, and Dell Technologies.
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