Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $72.50 short put and a strike $67.50 long put offers a potential 10.86% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.50 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $4.51 would be incurred if the stock dropped below the $67.50 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 65.76 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
‘Hobbit' blasts past newcomers to claim third box office crown
Sun, 29 Dec 2013 16:58:02 GMT
Reuters – “The Hobbit: The Desolation of Smaug,” the special-effects-laden tale that pits dwarfs against a dragon, blasted to its third consecutive box office win, collecting $29.9 million over the post-Christmas …
‘Hobbit’ Sequel Stays Atop Cinemas After Beating Five New Films
Sun, 29 Dec 2013 16:52:01 GMT
Bloomberg – “The Hobbit: The Desolation of Smaug” remained the top-selling motion picture in U.S. and Canadian theaters for a third weekend as 2013 box-office sales neared an annual record.
These 7 Sequels Will Dominate the Box Office in 2014
Sun, 29 Dec 2013 16:28:03 GMT
Motley Fool – If you thought this year's box office was packed with big-budget movie sequels, wait until you see what's in store for 2014.
Weekend Box Office: ‘Wolf Of Wall Street' Tops Christmas Debuts
Sun, 29 Dec 2013 16:28:00 GMT
Forbes – So many movies to discuss this weekend, where does one even begin? As is almost always the case, the December legs are strong for the holdovers and may-well be for the openers as well. So let's begin, starting with the new releases and eventually getting to the holdovers! The top opener […]
The Longish Goodbye: Highlights From AllThingsD Staffers Johnson, Del Rey and Cha
Sat, 28 Dec 2013 22:40:55 GMT
AllThingsD – I don't know why you say hello, we say goodbye.
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