Walt Disney’s Options Rush: What You Need to Know – Walt Disney (NYSE:DIS)

Whales with plenty of money to spend have taken a distinctly pessimistic stance Disney.

A look at the options history for Walt Disney DIS We identified 9 trades.

Looking at the details of individual trades, it is fair to say that 22% of investors opened trades with optimistic expectations and 66% with pessimistic ones.

Of the total transactions made, 4 are puts for a total amount of $603,871 and 5 are calls for a total amount of $460,760.

Expected price range

When analyzing the volume and open interest in these contracts, it appears that major players were eyeing a price window of $90.0 to $110.0 for Walt Disney last quarter.

Volume and open interest development

When trading options, it is useful to look at volume and open interest. This data can help you track the liquidity and interest in Walt Disney options for a specific strike price. Below we can observe the evolution of volume and open interest of calls and puts respectively for all Walt Disney Whale trades within a strike price range of $90.0 to $110.0 over the last 30 days.

Walt Disney Option Activity Analysis: Last 30 Days

Largest options trades observed:

About Walt Disney

Disney operates in three global divisions: Entertainment, Sports, and Experiences. Entertainment and Experiences both benefit from franchises and characters the company 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 is also involved in the production and distribution of films and television shows, licensing content to theaters and other content providers or, increasingly, keeping it in-house for use on Disney’s own streaming platform and television networks. The Sports segment is home to ESPN and the ESPN+ streaming service. Experiences includes Disney’s theme parks and vacation destinations, and also benefits from licensing merchandise.

Where is Walt Disney at the moment?

• With a trading volume of 1,465,250, the price of DIS decreased by -0.7% to $91.14.
• Current RSI readings indicate that the stock is currently neutral between overbought and oversold.
• The next earnings report is scheduled for 71 days.

Expert opinions on Walt Disney

In the past month, 5 industry analysts have shared their insights on this stock and suggested an average price target of $108.0.

• A Deutsche Bank analyst has decided to maintain his buy rating for Walt Disney, with the current price target at $115.
• A UBS analyst maintains his buy recommendation for Walt Disney and maintains the price target of $120.
• A Raymond James analyst maintains his outperform rating for Walt Disney and maintains a price target of $101.
• A Macquarie analyst maintains his stance and continues to give Walt Disney a “neutral” rating and targets a price of $94.
• An analyst from Morgan Stanley maintains his stance and continues to rate Walt Disney as “overweight” and targets a price of $110.

Options are a riskier asset than pure stock trading, but have greater profit potential. Serious options traders manage this risk by educating themselves daily, entering and exiting trades, following more than one indicator, and closely monitoring the markets.

If you want to stay up to date on the latest options trades for Walt Disney, you can get real-time options trade alerts from Benzinga Pro.