Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 5.49% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.26 would be kept by the premium seller. The risk of $4.74 would be incurred if the stock dropped below the $65.00 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 68.53 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Disney and Wal-Mart Shine As Consumer Income and Spending Strengthen
Tue, 24 Dec 2013 02:09:58 GMT
Motley Fool – As economic data points towards a stronger consumer Disney and Wal-Mart push the Dow higher.
Disney Elects Twitter’s Dorsey to Board
Tue, 24 Dec 2013 00:56:16 GMT
Bloomberg – Dec. 23 (Bloomberg) –- Techonomy Media Founder & CEO David Kirkpatrick discusses the election of Twitter’s Co-Founder Jack Dorsey to its Board of Directors and what this means for the company with Cory …
Disney CEO's pay package shrunk 7 percent in 2013
Tue, 24 Dec 2013 00:54:56 GMT
AP – Disney CEO Bob Iger's pay package shrank 7 percent for 2013, despite the entertainment company's strong financial performance during the year. Iger received compensation valued at $34.3 million for the …
Disney cuts CEO pay, adds Twitter co-founder to board
Tue, 24 Dec 2013 00:54:40 GMT
Disney CEO's pay package shrunk 7 percent in 2013
Tue, 24 Dec 2013 00:54:29 GMT
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