Whales with a lot of money to spend have taken a noticeably bullish stance on Walt Disney ( DIS ).
Looking at options history for Walt Disney ( DIS ) we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 44% of the investors opened trades with bullish expectations and 44% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $61,066 and 7, calls, for a total amount of $363,823.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $85.0 to $125.0 for Walt Disney ( DIS ) over the last 3 months.
In terms of liquidity and interest, the mean open interest for Walt Disney ( DIS ) options trades today is 1360.43 with a total volume of 1,284.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Walt Disney's ( DIS ) big money trades within a strike price range of $85.0 to $125.0 over the last 30 days.
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DIS | CALL | SWEEP | NEUTRAL | 958 | 15 | ||||||
| DIS | CALL | SWEEP | BULLISH | 824 | 401 | ||||||
| DIS | CALL | SWEEP | BEARISH | 824 | 200 | ||||||
| DIS | CALL | TRADE | BULLISH | 2.3K | 0 | ||||||
| DIS | PUT | TRADE | BULLISH | 81 | 0 |
Disney ( DIS ) operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from franchises and characters the firm has created over the course of a century. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney ( DIS ) also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's ( DIS ) own streaming platform and television networks. The sports segment houses ESPN ( DIS ) and the ESPN+ streaming service. Experiences contains Disney's ( DIS ) theme parks and vacation destinations, and also benefits from merchandise licensing.
In light of the recent options history for Walt Disney ( DIS ), it's now appropriate to focus on the company itself. We aim to explore its current performance.
Currently trading with a volume of 996,204, the DIS's price is down by -0.5%, now at $101.01.
RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
Anticipated earnings release is in 50 days.
1 market experts have recently issued ratings for this stock, with a consensus target price of $100.0.
Showing optimism, an analyst from Redburn Atlantic upgrades its rating to Neutral with a revised price target of $100.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Walt Disney ( DIS ) options trades with real-time alerts from Benzinga Pro.