Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $100.00 short put and a strike $95.00 long put offers a potential 5.26% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $100.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $95.00 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 78.72 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
The Comast-Disney Bidding War Over Fox Will Reach Nosebleed Levels
Tue, 19 Jun 2018 09:45:00 +0000
Walt Disney is expected to add a cash component to its all-stock $52 billion offer for the 21st Century Fox assets being unloaded by Media Mogul Rupert Murdoch including its stake in the Hulu streaming service, the 20th Century Fox studio along with the FX and National Geographic cable channels as it tries to fend off a rival bid from Comcast, according to CNBC. The exact amount of cash that Disney planned to add and the timing of the counter-offer wasn’t clear though there is little doubt that it will happen. Philadelphia-based Comcast last week made an unsolicited $65 billion all-cash offer for the Fox assets, raising expectations of a bidding war. Officials from Disney, whose media properties include the ESPN and Freeform cable networks along the Star Wars film franchise, couldn't be reached for comment.
[$$] Disney Tests Pricing Power at Theme Parks
Tue, 19 Jun 2018 02:49:35 +0000
LOS ANGELES—After raising some ticket prices for its theme parks by more than 20% over the past five years, Walt Disney Co. will set a new benchmark this week when it offers die-hard fans the chance to attend a six-hour preview of a new attraction at Disneyland—for $299. The steep price stems in part from a perennial tension Disney faces at its theme parks, where public demand is so strong that its two domestic locations, in particular, can fill to capacity during certain times of year. In response, Disney is considering new approaches to pricing amid upgrades at Disneyland in Southern California and Walt Disney World in Orlando, Fla., that are expected to attract even more people.
Google Invests in JD.com; Comcast-Disney Battle Nears Head — ICYMI
Mon, 18 Jun 2018 23:52:00 +0000
Stocks declined on Monday as investors reacted to last week's escalation in the ongoing trade war between Washington and Beijing that targeted $50 billion in Chinese-made goods with fresh tariffs from the White House. that will allow Alphabet to deepen its reach inside the world's second-largest economy and help JD expand into Southeast Asia and Europe by promoting more of its products on Google's shopping platform. TheStreet's Eric Jhonsa has his top takeaways from the deal and why he thinks JD shares sold off today in the wake of the investment.
Box Office Top 20: 'Incredibes 2' record inches higher
Mon, 18 Jun 2018 21:48:22 +0000
LOS ANGELES (AP) — Disney and Pixar's record-breaking opening of "Incredibles 2" is even bigger than initially expected. According to final totals Monday from the studios, the animated sequel grossed a massive $182.7 million in its first three days in theaters — a record opening for animated movies by almost $50 million.
How Roku’s Planned New Offering Could Be a Boon For Cord Cutters
Mon, 18 Jun 2018 20:48:28 +0000
Possible offering may integrate Internet shows and old-fashioned cable fare.
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