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 10.38% return on risk over the next 25 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 $0.47 would be kept by the premium seller. The risk of $4.53 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 above 80 which suggests that the stock is in overbought territory.
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
Joe's Take: Morgenstern on the Oscar Nominees
Wed, 26 Feb 2014 01:49:50 GMT
The Walt Disney Company Just Launched a Digital Movie Service. Should Netflix Investors Run Scared?
Wed, 26 Feb 2014 01:32:03 GMT
9:02 am Walt Disney launches exclusive cloud-based digital movie service for Apple (AAPL) iPhone, iPad, and iPod touch and Web
Wed, 26 Feb 2014 00:05:30 GMT
Comcast Deal With Netflix Shows Cable Rules in Streaming
Wed, 26 Feb 2014 00:02:35 GMT
Final Glance: Media companies
Tue, 25 Feb 2014 23:02:36 GMT
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