Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $115.00 short put and a strike $110.00 long put offers a potential 9.65% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $0.44 would be kept by the premium seller. The risk of $4.56 would be incurred if the stock dropped below the $110.00 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 71.67 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Sinclair Broadcast CEO eyes deal for Fox's regional sports networks
Wed, 03 Oct 2018 17:14:44 +0000
Sinclair Broadcast Group CEO Chris Ripley said the pipeline for mergers and acquisitions "is quite full right now."
3 Reasons Why I’m Long-term Bullish on Disney Stock
Wed, 03 Oct 2018 14:23:47 +0000
For most of this year, discussions about Disney (NYSE:DIS) centered on its bitter battle with rival Comcast (NASDAQ:CMCSA). At stake was Fox's (NASDAQ:FOXA) entertainment assets. The Magic Kingdom ultimately won the battle, sending Disney stock higher. With this catalyst largely written in, do incentives still exist for DIS?
[$$] Comcast clinches one of biggest ever bond issues for Sky deal
Wed, 03 Oct 2018 12:18:21 +0000
scrapped for control of Sky, climbed to $88bn before banks closed their books, according to two people with knowledge of the sale. The surge of orders prompted the company to increase the size of the blockbuster bond sale by $7bn after initially marketing the borrowing at $20bn.
Some Tesla directors proposed James Murdoch to succeed Musk as chairman – NYT
Wed, 03 Oct 2018 05:55:18 +0000
Murdoch hasn't volunteered for the post nor has he discussed it with any other director, the newspaper reported. The New York Times also said Musk had threatened to resign, in a phone call with directors, if the board insisted that he and the company enter into a settlement with the Securities and Exchange Commission (SEC).
Russian trolls instigated some of the uproar against “The Last Jedi,” study suggests
Tue, 02 Oct 2018 20:57:05 +0000
The Last Jedi was nearly as polarizing for Star Wars fans as the 2016 US presidential election was for Americans. Now it appears some of the negative backlash against the Star Wars film—specifically the online response aimed at director Rian Johnson—may have been instigated by bots and trolls seizing on Twitter, a new academic study…
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