Disney (DIS) Offering Possible 16.03% Return Over the Next 9 Calendar Days

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Disney’s most recent trend suggests a bullish bias. One trading opportunity on Disney is a Bull Put Spread using a strike $152.50 short put and a strike $147.00 long put offers a potential 16.03% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $152.50 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $4.74 would be incurred if the stock dropped below the $147.00 long put 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 up which suggests that the medium-term momentum for Disney is bullish.

The RSI indicator is at 75.16 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

Walt Disney (DIS) Dips More Than Broader Markets: What You Should Know
Mon, 10 Jan 2022 22:45:10 +0000
In the latest trading session, Walt Disney (DIS) closed at $156.60, marking a -0.78% move from the previous day.

IMAX CEO: Streaming exclusives ‘became some of the most pirated movies ever’
Mon, 10 Jan 2022 21:16:33 +0000
IMAX CEO Richard Gelfond joins Yahoo Finance Live to discuss 2021 box office earnings, film trends, theater releases, and streaming partnerships.

Seelaus Asset Management LLC Buys Merck Inc, Eagle Materials Inc, Coinbase Global Inc, Sells …
Mon, 10 Jan 2022 18:38:02 +0000
Investment company Seelaus Asset Management LLC (Current Portfolio) buys Merck Inc, Eagle Materials Inc, Coinbase Global Inc, Gentherm Inc, ABB, sells Zimmer Biomet Holdings Inc, KKR Inc, U.S.

Disney Stock: CEO Bob Chapek Shares His Plans for the Mouse House
Mon, 10 Jan 2022 17:19:00 +0000
With Bob Iger retiring, the new Disney CEO no longer has to live under his former boss’s shadow.

Buy the Dip: Nvidia, Disney, Amazon
Mon, 10 Jan 2022 16:59:00 +0000
With the rough start to 2022, Wall Street looks to some familiar names for opportunities to buy the dip.

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