Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 5.71% 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 $65.00 by expiration. The full premium credit of $0.27 would be kept by the premium seller. The risk of $4.73 would be incurred if the stock dropped below the $60.00 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 74.87 level which suggests that the stock is neither overbought nor oversold at this time.
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
It’s a Small World, After All — Disney Moves to China
Sat, 26 Oct 2013 00:10:03 GMT
Wall St. Cheat Sheet – Disney announced that it will open its first store in China by early 2015.
Final Glance: Media companies
Fri, 25 Oct 2013 22:04:15 GMT
Final Glance: Media companies
Fri, 25 Oct 2013 22:04:15 GMT
AP – Shares of some top media companies were mixed at the close of trading: Comcast Corp. rose $.41 or .9 percent, to $48.17. Walt Disney Co. rose $.21 or .3 percent, to $69.26. Gannett fell $.05 or .2 percent, …
3 Media Stocks in Focus: The New York Times Co. Makes a Sale, Dish’s Auction Plans, Disney’s Largest Store Yet
Fri, 25 Oct 2013 21:28:09 GMT
Wall St. Cheat Sheet – Here are the top media headlines circulating now.
Hulu to replace CFO, Variety says
Fri, 25 Oct 2013 19:22:56 GMT
theflyonthewall.com – Hulu to replace CFO, Variety says
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