Once I tried to earn on Walt Disney stock. After a process of trial and error, I can say that to earn on Walt Disney stock is possible, and it’s not difficult. But you shouldn’t do it more often than once a week. Now I will tell you why!
The Walt Disney Company is one of the largest corporations in the entertainment industry in the world.
Presently, 11 theme parks, 2 water parks and several broadcast networks belong to the company.
- By the way, do you know that after closing time 200 cats are released into Disneyland Park to help keep the rodent population under control?
The Company stock is quoted on the New York Stock Exchange (NYSE).
Working hours: Monday to Friday, from 9:40 to 17:30 p.m. (NY)
On Wednesday, I invested in a CALL option expiring at the end of the day. I chose the CALL option as I expected the price to go up. The investment didn’t make a profit, and I understood why at once. The matter is that all Disney cartoons, movies and parks are released by theweekend, therefore to invest in the binary options on Walt Disney stock is better at the end of the week. As you know, the company has a huge number of entrainment programs, parks, movies, games, theaters on Broadway etc. Naturally, they all make maximum profit on weekend.
I guess that once a week you can make a profit from Walt Disney stock! The only thing you should remember that you need to invest in a CALL option on Wednesday or Thursday or even earlier but not later.
Indeed every weekend there is a new influx of children and adults, huge box-office etc. In addition, if you get to know that Disney presents a new movie or cartoon on weekend than you can invest even more than usual as this is a signal that the price of Walt Disney stock will go up!
Binary options are an engaging job as every company has its peculiar features. For instance, to make a profit from Nike stock, you need to follow the releases of new collections, and in case of Walt Disney stock you need to understand that you can earn on weekend.
I checked statistics on Walt Disney over the past 53 weeks, and here what I got:
60% profitable trades – If to invest on Tuesday, Wednesday, Thursday evening till the weekend 61% profitable trades – If to invest on Wednesday, Thursday evening till the weekend 60% profitable trades – If to invest on Thursday evening till the weekend
These are the months when the strategy gives the best results
The worst months
Generally, it’s good if you get some confirmation, for example, a new movie release etc. I also advise you to read news on the official site http://thewaltdisneycompany.com/ For example, a new CEO was appointed in China yesterday. In the statement he delivered, he told about the Asian market growth and bright prospects. Though it was Monday, Disney stock grew considerably yesterday. This proves again that senior staff statements strongly influence quotes.
“The way to get started is to quit talking and begin doing.”