Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $140.00 short call and a strike $145.00 long call offers a potential 39.28% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $140.00 by expiration. The full premium credit of $1.41 would be kept by the premium seller. The risk of $3.59 would be incurred if the stock rose above the $145.00 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 20.61 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Is Netflix a Smart Buy After Dropping 37% in January?
Mon, 31 Jan 2022 11:25:00 +0000
Shares of streaming giant Netflix (NASDAQ: NFLX) have taken a beating recently, falling more than 37% in January alone. It doesn't help that the broader market's been unkind to growth stocks lately, on top of the face that the company's earnings disappointed investors, sending the stock lower. The company has been such a dominant market player that investors have to be questioning whether this recent speed bump is a sign of trouble, or an opportunity to acquire a great stock at a discount.
Netflix's Latest Earnings Report Reveals a Big Problem in a Major Market
Mon, 31 Jan 2022 11:09:00 +0000
Investors tuned out of Netflix (NASDAQ: NFLX) stock on Jan. 21 after the company's Q4 2021 subscriber growth and guidance for the current quarter failed to match expectations. Shares of the streaming giant crashed nearly 22% after the report as it became clear that the pandemic-driven push that drove impressive subscriber growth in the past couple of years is all but over. Netflix added 8.3 million paid subscribers during the quarter, missing its forecast of 8.5 million paid additions.
‘Netflix killers’: How crypto film start-ups are using the blockchain to disrupt Hollywood
Mon, 31 Jan 2022 00:01:41 +0000
The global film industry is about to face a wave of disruption from cryptocurrency start-ups.
‘Spider-Man’ again tops box office over a quiet weekend
Sun, 30 Jan 2022 22:05:00 +0000
On a chillingly quiet weekend at movie theaters, “Spider-Man: No Way Home” again topped the box office in its seventh week of release.
Universal Studios Delays Its Disney Killer Theme Park
Sun, 30 Jan 2022 12:37:00 +0000
Disney World has dominated the Florida theme park market for decades, but Universal Studios Orlando wants to change that.
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