Whales with a lot of money to spend have taken a noticeably bearish stance on Walt Disney.
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 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 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 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:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| DIS | PUT | TRADE | BEARISH | 06/20/25 | $100.00 | $1.2M | 1.9K | 2.5K |
| DIS | PUT | TRADE | BEARISH | 06/21/24 | $120.00 | $624.0K | 395 | 1.0K |
| DIS | CALL | TRADE | NEUTRAL | 01/17/25 | $90.00 | $174.1K | 5.7K | 63 |
| DIS | CALL | SWEEP | BULLISH | 01/17/25 | $90.00 | $134.4K | 5.7K | 121 |
| DIS | CALL | TRADE | BULLISH | 01/17/25 | $85.00 | $133.8K | 3.5K | 6 |
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.
After a thorough review of the options trading surrounding Walt Disney, 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 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 options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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