Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $109.00 short call and a strike $114.00 long call offers a potential 7.3% return on risk over the next 4 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $109.00 by expiration. The full premium credit of $0.34 would be kept by the premium seller. The risk of $4.66 would be incurred if the stock rose above the $114.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Disney is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Disney is bearish.
The RSI indicator is at 26.89 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
7 things to know about today, plus Disney's Star Wars, Toy Story and Pandora plans
Mon, 17 Aug 2015 11:05:12 GMT
These are 3 things worrying markets in week ahead
Mon, 17 Aug 2015 10:14:51 GMT
Disney is going to be a big winner as consumers cut the cord
Mon, 17 Aug 2015 10:00:29 GMT
Stock Market Update from Briefing.com
Mon, 17 Aug 2015 09:51:51 GMT
4:31 am Walt Disney announces plans for Star Wars-themed lands for Disney theme parks
Mon, 17 Aug 2015 08:31:00 GMT
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