Disney's most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 6.61% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.31 would be kept by the premium seller. The risk of $4.69 would be incurred if the stock dropped below the $70.00 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 70.58 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
‘Lego Movie’ Beats ’80s Reboots to Stay Atop Box Office
Tue, 18 Feb 2014 23:46:54 GMT
U.S. Movie Box Office Grosses for Feb. 14- Feb. 17
Tue, 18 Feb 2014 23:32:04 GMT
Final Glance: Media companies
Tue, 18 Feb 2014 23:02:34 GMT
Final Glance: Media companies
Tue, 18 Feb 2014 23:02:34 GMT
AP – Shares of some top media companies were up at the close of trading: Comcast Corp. rose $.61 or 1.1 percent, to $54.64. Walt Disney Co. rose $.11 or .1 percent, to $75.67. Gannett rose $.11 or .4 percent, …
Disney's Bob Iger Is One of Jim Cramer's ‘Bankable CEOs'
Tue, 18 Feb 2014 22:23:00 GMT
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