Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $105.00 short call and a strike $115.00 long call offers a potential 5.04% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $105.00 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $9.52 would be incurred if the stock rose above the $115.00 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 22.54 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
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Wed, 16 Aug 2017 23:16:29 +0000
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Wed, 16 Aug 2017 20:48:00 +0000
SeaWorld continues to struggle.
Disney's ABC Signs With Nielsen for Out-Of-Home Metrics
Wed, 16 Aug 2017 20:38:00 +0000
New measurements give a more holistic view of who's watching ABC programming.
ABC signs former ‘Lost' showrunner Carlton Cuse to multi-year deal to create new shows
Wed, 16 Aug 2017 18:52:01 +0000
Walt Disney Co. TV network ABC said on Wednesday it's signed a multi-year deal with former “Lost” co-showrunner Carlton Cuse to create and produce new shows across all network, cable and streaming …
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