Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $175.00 short put and a strike $170.00 long put offers a potential 36.24% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $175.00 by expiration. The full premium credit of $1.33 would be kept by the premium seller. The risk of $3.67 would be incurred if the stock dropped below the $170.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Disney is bearish and the probability of a decline 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 67.06 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
15 Biggest Media Companies in the World
Tue, 05 Jan 2021 20:09:34 +0000
In this article, we are going to list the 15 biggest media companies in the world. Click to skip ahead and jump to the 5 biggest media companies in the world. What are the biggest media companies in the world? The word media, which is the plural of medium, refers to the channels of communication through which […]
Why fuboTV Stock Was Surging Today
Tue, 05 Jan 2021 18:27:00 +0000
After a multiday slide starting Dec. 22, fuboTV (NYSE: FUBO) shareholders finally caught a break today when the company announced preliminary fourth-quarter earnings that were better than expected this morning. At the same time, the stock also got another bullish analyst note from Needham. As a result, the suddenly active streaming stock was up 22.4% as of 12:18 p.m. EST.
Disney's ‘The Mandalorian' Takes This Crown Previously Worn By ‘Game of Thrones'
Tue, 05 Jan 2021 17:11:00 +0000
Walt Disney (NYSE: DIS) has officially been crowned king by internet pirates everywhere. The Disney+ smash hit streaming series The Mandalorian became the world's most pirated show in 2020, according to data compiled by TorrentFreak. The mantle was previously worn by AT&T's (NYSE: T) perennial HBO favorite Game of Thrones, which held the title for seven years running.
The Most Important Metric for Globant Investors to Follow in 2021
Tue, 05 Jan 2021 15:35:00 +0000
IT consulting specialist Globant (NYSE: GLOB) was an obvious beneficiary of the digital workplace trend in 2020, as major clients tapped the company to help navigate an extremely difficult year altered by the pandemic. The company's shares rose 105% last year as it posted vigorous year-over-year top-line expansion of 22% and an operating margin of nearly 10% in the first three reported quarters of 2020. Globant now trades at 11 times forward-one-year sales, pushing its stock into slightly pricey territory compared to its publicly traded IT consulting peers, which generally tend to trade at price-to-sales ratios of between two and 10.
ViacomCBS (VIAC) Strikes Distribution Deal With Disney's Hulu
Tue, 05 Jan 2021 15:27:03 +0000
ViacomCBS (VIAC) strikes multi-year distribution deal with Disney-owned Hulu+ Live TV to boost user engagement levels and drive ad revenues.
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