Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 6.84% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $4.68 would be incurred if the stock dropped below the $72.50 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 68.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
[$$] Disney's Film Business Gets Big Boost From ‘Frozen'
Wed, 07 May 2014 02:44:54 GMT
The Wall Street Journal – Walt Disney's film business was on fire last quarter thanks to “Frozen.” Operating income more than quadrupled in the quarter ended March 29 to $475 million.
The Walt Disney's (DIS) CEO Bob Iger on Q2 2014 Results – Earnings Call Transcript
Wed, 07 May 2014 01:01:23 GMT
Seeking Alpha – Hello, and welcome to the Q2 2014 Walt Disney Company Earnings Conference Call. I will now turn the call over to Lowell Singer, Senior Vice President of Investor Relations. Good afternoon, everyone and welcome to The Walt Disney Company's second quarter 2014 earnings call. Joining me in Burbank for today's call are Bob Iger, Disney's Chairman and Chief Executive Officer and Jay Rasulo, Senior Executive Vice President and Chief Financial Officer.
Clippers 63-Fold Return Beats Stocks to Bonds: Real M&A
Wed, 07 May 2014 00:17:22 GMT
Disney beats forecasts as ‘Frozen' fuels earnings
Tue, 06 May 2014 23:32:42 GMT
Disney beats forecasts as ‘Frozen' fuels earnings
Tue, 06 May 2014 23:21:55 GMT
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