Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $110.00 short call and a strike $120.00 long call offers a potential 6.04% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $110.00 by expiration. The full premium credit of $0.57 would be kept by the premium seller. The risk of $9.43 would be incurred if the stock rose above the $120.00 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 21.81 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
[$$] Big Tech’s Not-So-Easy Money
Mon, 22 May 2017 03:53:19 +0000
Repatriating huge stockpiles of offshore cash looks less likely, given tumult in Washington. But investors in Big Tech shouldn’t need to bank on it.
When Tony Soprano comes knocking: Why companies shouldn't give in to digital extortion
Sun, 21 May 2017 17:02:59 +0000
In an era where data breaches are commonplace, experts said companies that find themselves being blackmailed should take a hard line with ransomers.
3 Reasons Disney's New "Avatar Land" May Leave Investors Blue
Sun, 21 May 2017 15:07:00 +0000
Pandora — The World of Avatar opens next week, but there are some things that might go wrong.
“Alien: Covenant” On Track to Lead Weekend Box Office
Sun, 21 May 2017 13:50:54 +0000
Fox's “Alien: Covenant” is looking to end the two-week run of Disney's “Guardians of the Galaxy Vol. 2” at the top of the weekend box-office ranking.
Friday Box Office: ‘King Arthur' Plunges 63%, ‘Snatched' Drops 55%
Sat, 20 May 2017 15:45:00 +0000
‘Guardians of the Galaxy Vol. 2' is playing like a leggier MCU sequel.
Related Posts
Also on Market Tamer…
Follow Us on Facebook