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 5.93% return on risk over the next 27 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 $0.56 would be kept by the premium seller. The risk of $9.44 would be incurred if the stock rose above the $115.00 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 21.36 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Obi-Wan Kenobi may get his own ‘Star Wars' movie -reports
Thu, 17 Aug 2017 20:41:17 +0000
Walt Disney Co is developing a “Star Wars” standalone movie based on the beloved character of Obi-Wan Kenobi, the wise and noble Jedi master, The Hollywood Reporter and Variety reported on Thursday. The Hollywood trade publications cited unnamed sources as saying that the project was in the early stages of development by Disney and Lucasfilm. The project has no script yet but British filmmaker Stephen Daldry, best known for 2000's ballet movie “Billy Elliott,” is in early talks to direct it, the publications said.
Netflix wants exclusive rights to films, TV shows and the talent creating them
Thu, 17 Aug 2017 17:30:39 +0000
Netflix has had success producing original content, now it’s tearing a page out of Disney’s book, by signing some of the industry’s best writers, producers and creative talent to deals to create work solely …
Disruptor Alert: These 3 Companies Are Changing the Travel Industry
Thu, 17 Aug 2017 16:21:00 +0000
Carnival, Disney, and Trivago are raising the bar on what's possible in the getaway business, and investors are cashing in on the disruption.
The Walt Disney Co. :DIS-US: Earnings Analysis: Q3, 2017 By the Numbers : August 17, 2017
Thu, 17 Aug 2017 16:18:10 +0000
Categories: Yahoo FinanceGet free summary analysis The Walt Disney Co. reports financial results for the quarter ended June 30, 2017. We analyze the earnings along side the following peers of The Walt Disney Co. – Twenty-First Century Fox, Inc. Class A, Viacom Inc. Class B, Comcast Corporation Class A, CBS Corporation Class B, Time Warner Inc., Sony … Read more
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Will Disney’s Video Streaming Move Affect Its Financial Metrics?
Thu, 17 Aug 2017 14:36:53 +0000
Walt Disney (DIS) stock closed at $101.35 on August 11.
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