Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $105.00 short put and a strike $97.50 long put offers a potential 6.69% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $105.00 by expiration. The full premium credit of $0.47 would be kept by the premium seller. The risk of $7.03 would be incurred if the stock dropped below the $97.50 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 74.96 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Disney Faces a Backlash From Its Stars for Firing ‘Guardians’ Director
Mon, 23 Jul 2018 21:14:48 +0000
Friends and fans of “Guardians of the Galaxy” director James Gunn are urging Walt Disney Co. to rehire the filmmaker, a rare moment in an era when bad behavior has gotten some of the biggest names in Hollywood summarily fired. Actors including Zoe Saldana, Chris Pratt and Selma Blair have tweeted in support of Gunn, who wrote and directed both “Guardians” pictures and was working on a third. Some 217,000 people have signed a Change.org petition asking Disney to bring him back amid concerns that he was targeted by conservatives.
Can Netflix Withstand the Competition?
Mon, 23 Jul 2018 21:00:00 +0000
There's a lot of money moving into streaming video.
Expert: Disney's Star Wars hotel will break barriers, but only so much
Mon, 23 Jul 2018 20:31:02 +0000
This future intergalactic-themed lodge is going to be groundbreaking, but keep expectations grounded.
Hasbro Stock Is Still Not Worth a Look After Earnings
Mon, 23 Jul 2018 17:33:07 +0000
Hasbro (NASDAQ:HAS) moved higher by double digits in early morning trading. The Pawtucket, Rhode Island-based company blew away Wall Street estimates, despite the expected revenue drop occurring for HAS stock. Hasbro reported Q2 earnings-per-share of 48 cents.
Comcast (CMCSA) Q2 Earnings: Is Disappointment in Store?
Mon, 23 Jul 2018 16:39:00 +0000
In the last reported quarter, the company’s adjusted earnings outpaced the Zacks Consensus Estimate by three cents. Comcast had a dramatic last quarter. In late April, the cable giant submitted a £22 billion ($30.7 billion) bid for 61% stake of the European Pay-TV, Sky Plc, which was better than Twenty-First Century Fox’s (NASDAQ:FOXA) December 2017 offer.
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