Whales with a lot of money to spend have taken a noticeably bearish stance on Walt Disney ( DIS ).

Looking at options history for Walt Disney ( DIS ) we detected 41 trades.

If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 53% with bearish.

From the overall spotted trades, 13 are puts, for a total amount of $2,478,225 and 28, calls, for a total amount of $1,562,758.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $65.0 to $135.0 for Walt Disney ( DIS ) over the last 3 months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Walt Disney's ( DIS ) options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Walt Disney's ( DIS ) significant trades, within a strike price range of $65.0 to $135.0, over the past month.

Walt Disney Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

About Walt Disney

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.

After a thorough review of the options trading surrounding Walt Disney ( DIS ), we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Walt Disney's Current Market Status

Currently trading with a volume of 11,903,826, the DIS's price is up by 2.98%, now at $119.32.

RSI readings suggest the stock is currently may be overbought.

Anticipated earnings release is in 44 days.

What The Experts Say On Walt Disney

Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $135.0.

In a positive move, an analyst from Barclays has upgraded their rating to Overweight and adjusted the price target to $135.

Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on Walt Disney ( DIS ) with a target price of $135.

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.