Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 9.41% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock dropped below the $80.00 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 64.14 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Context is King: World Cup's Lessons for the Media Business
Wed, 02 Jul 2014 14:06:00 GMT
Forbes – Well, now that was a hell of a run, wasn’t it? The USMNT (U.S. Men’s National Team) gave it their all in a terrific soccer match with Belgium yesterday, and despite the loss we should all be proud. As for the overall World Cup, if anyone has any doubts, it is […]
Will A PG-13 For ‘Expendables 3' Help Or Hurt Its Box Office?
Wed, 02 Jul 2014 13:31:00 GMT
Caterpillar, Disney: Dow stocks that helped most in march toward 17,000 from 16,000
Wed, 02 Jul 2014 09:07:00 GMT
5 Hottest Stocks in the Dow This Year
Wed, 02 Jul 2014 02:21:21 GMT
Record High for Dow; Remarkable GoPro Rally Can't Match Intensity of World Cup
Tue, 01 Jul 2014 22:22:22 GMT
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