Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $91.00 short put and a strike $86.00 long put offers a potential 9.17% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $91.00 by expiration. The full premium credit of $0.42 would be kept by the premium seller. The risk of $4.58 would be incurred if the stock dropped below the $86.00 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 73.77 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
ESPN Tests the Waters in Automated Ad Sales– News Digest
Tue, 09 Dec 2014 05:28:43 GMT
The Wall Street Journal – ESPN is taking some of the most aggressive steps yet by a TV network to embrace the automated ad sales tactics that have become a force in the online world, moving away from phone calls and other old-fashioned …
Jim Cramer's ‘Mad Money' Recap: Why You Should Buy Disney, Starbucks, Nike Now
Tue, 09 Dec 2014 01:34:00 GMT
Cramer Remix: 3 stocks with long-term potential
Tue, 09 Dec 2014 00:01:49 GMT
Cramer: 3 Stocks with long-term potential
Tue, 09 Dec 2014 00:00:00 GMT
Cramer's bright side to the selloff
Mon, 08 Dec 2014 23:12:46 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook