Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 32.98% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 by expiration. The full premium credit of $1.24 would be kept by the premium seller. The risk of $3.76 would be incurred if the stock rose above the $80.00 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 47.69 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Just How Big of a Win Is “Frozen” for Disney?
Fri, 17 Jan 2014 00:02:04 GMT
Motley Fool – How much can one popular movie matter to a diversified entertainment giant? A lot.
Lightning Round: Disney, Lowe's & More
Thu, 16 Jan 2014 23:36:36 GMT
CNBC – Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Viacom Quietly Becoming A Cash Cow
Thu, 16 Jan 2014 21:37:52 GMT
Seeking Alpha – Viacom ( VIAB ) is an entertainment company which operates under two business segments: Media Networks and Filmed Entertainment. Some of the media networks owned by Viacom include Nickelodeon, MTV, VH1, …
Sony, Warner Bros. lead studios in nominations for Oscar gold
Thu, 16 Jan 2014 21:14:24 GMT
Reuters – Sony Pictures Entertainment and Time Warner Inc's Warner Bros. led Hollywood studios competing for Academy Awards with 21 nominations each, grabbing publicity that could provide a box office bounce for …
‘Hustle,’ ‘Gravity,’ ‘Slave’ lead Oscar nominations
Thu, 16 Jan 2014 20:18:56 GMT
MarketWatch – Three films, “American Hustle,” “Gravity” and “12 Years A Slave” split 29 Oscar nominations Thursday, but only “Hustle” is in a position to capitalize at the box office from it.
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