Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $149.00 short call and a strike $155.00 long call offers a potential 39.53% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $149.00 by expiration. The full premium credit of $1.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock rose above the $155.00 long call 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 down which suggests that the medium-term momentum for Disney is bearish.
The RSI indicator is at 22.13 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Amazon Studios CFO Elaine Paul Is Exiting to Join Lyft
Fri, 03 Dec 2021 00:50:35 +0000
Lyft hired Elaine Paul, Amazon Studios’ chief financial officer and former longtime Disney exec, to be the ride-hailing service’s CFO. Paul officially starts at Lyft on Jan. 3, 2022. She’ll replace current Lyft CFO Brian Roberts, who is stepping down from the role but will remain an adviser until June 2022 to assist with the […]
Will Disney Keep Releasing Films On Premier Access?
Thu, 02 Dec 2021 23:52:22 +0000
Walt Disney's (NYSE: DIS) annual report provides some additional details about how its direct-to-consumer streaming services generate revenue. One area that Disney experimented more with over the past year was its Premier Access premium video on demand offering, which allows Disney+ subscribers to watch some films the same day Disney releases them in theaters. Disney says subscribers paid $933 million for its on-demand releases last year, which also include UFC pay-per-view (PPV) events on ESPN+.
Lyft names Elaine Paul, formerly of Amazon Studios and Hulu, as new CFO
Thu, 02 Dec 2021 21:59:00 +0000
Lyft Inc. on Thursday named a new chief financial officer to replace Brian Roberts, who is moving on to a yet-unknown company.
Omicron What? Dow Jones Shakes Off Fears, Surges 680 Points on Boeing, Visa, AmEx Gains
Thu, 02 Dec 2021 20:17:00 +0000
The pending recertification of Boeing's 737 MAX in China, along with lessening concerns about the Omicron variant, resulted in the Dow Jones more than making up for yesterday's big sell-off.
Disney Board Elects Susan Arnold to Replace Bob Iger
Thu, 02 Dec 2021 19:12:38 +0000
Disney's board has elected Susan Arnold to become its executive chairman after former CEO Bob Iger leaves at the end of this month.
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