Whales with a lot of money to spend have taken a noticeably bullish stance on Walt Disney.
Looking at options history for Walt Disney (NYSE: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.
Predicted Price Range
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 over the last 3 months.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for Walt Disney 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 big money trades within a strike price range of $85.0 to $125.0 over the last 30 days.
Walt Disney Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
DIS | CALL | SWEEP | NEUTRAL | 09/20/24 | $9.55 | $9.4 | $9.55 | $95.00 | $85.9K | 958 | 15 |
DIS | CALL | SWEEP | BULLISH | 07/05/24 | $4.2 | $3.65 | $4.2 | $98.00 | $84.0K | 824 | 401 |
DIS | CALL | SWEEP | BEARISH | 07/05/24 | $4.35 | $4.25 | $4.25 | $98.00 | $62.5K | 824 | 200 |
DIS | CALL | TRADE | BULLISH | 03/21/25 | $2.9 | $2.49 | $2.9 | $125.00 | $37.7K | 2.3K | 0 |
DIS | PUT | TRADE | BULLISH | 06/21/24 | $19.05 | $18.3 | $18.54 | $120.00 | $35.2K | 81 | 0 |
About Walt Disney
Disney 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 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 own streaming platform and television networks. The sports segment houses ESPN and the ESPN+ streaming service. Experiences contains Disney's theme parks and vacation destinations, and also benefits from merchandise licensing.
In light of the recent options history for Walt Disney, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Walt Disney Standing Right Now?
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.
Expert Opinions on Walt Disney
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.
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