Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $108.00 short put and a strike $103.00 long put offers a potential 6.61% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $108.00 by expiration. The full premium credit of $0.31 would be kept by the premium seller. The risk of $4.69 would be incurred if the stock dropped below the $103.00 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 73.19 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
TV Ratings Fall For Every NFL Wild Card Game
Wed, 11 Jan 2017 19:07:00 GMT
George Lucas Chooses LA Over SF For $1B Museum
Wed, 11 Jan 2017 16:56:00 GMT
Disney’s Millennial-Focused Freeform Tries out Netflix’s Model
Wed, 11 Jan 2017 15:40:34 GMT
Zacks Market Edge Highlights: Disney, Netflix, Amazon, Lionsgate and Comcast
Wed, 11 Jan 2017 14:30:02 GMT
Trump rally makes stock options great again for some CEOs
Wed, 11 Jan 2017 09:54:59 GMT
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