Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 5.49% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.26 would be kept by the premium seller. The risk of $4.74 would be incurred if the stock dropped below the $80.00 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 59.08 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
The top films at the North American box office
Sun, 17 Aug 2014 18:43:06 GMT
‘Turtles' tops again, beats ‘Guardians' at North American box office
Sun, 17 Aug 2014 18:37:34 GMT
Reuters – LOS ANGELES/NEW YORK, Aug 17 (Reuters) – “Teenage Mutant Ninja Turtles,” last weekend's most popular film, collected ticket sales of $28.4 million to top the U.S. and Canadian box office rankings for a second consecutive week, beating” Guardians of the Galaxy” in a battle of superhero misfits. “Guardians of the Galaxy,” which has collected $419 million worldwide since it opened on Aug. 1, had domestic ticket sales of $24.7 million, according to estimates from tracking firm Rentrak. “Let's Be Cops,” an R-rated action comedy starring Jake Johnson and Daman Wayans Jr. pretending to be Los Angeles police officers, collected $17.7 million to open in third place, ahead of another newcomer, action film “The Expendables 3,” which took in $16.2 million and stars Sylvester Stallone. “Teenage Mutant Ninja Turtles,” a reboot of the series that began in 1980s comic books, stars Megan Fox, Will Arnett and Whoopi Goldberg.
‘Turtles' tops ‘Guardians', Stallone at U.S. box office again
Sun, 17 Aug 2014 16:04:44 GMT
Reuters – “Teenage Mutant Ninja Turtles,” last weekend's most popular film, collected ticket sales of $28.4 million to top the U.S. and Canadian box office for a second consecutive week, beating “Guardians …
‘Mutant Ninja Turtles’ Keep Grip on Movie Box Office
Sun, 17 Aug 2014 15:37:27 GMT
Box Office: ‘Expendables 3' Implodes With $16.2M Weekend, ‘Turtles' Tops ‘Guardians'
Sun, 17 Aug 2014 15:00:00 GMT
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