Financial giants have made a conspicuous bullish move on Walt Disney. Our analysis of options history for Walt Disney DIS revealed 47 unusual trades.
Delving into the details, we found 59% of traders were bullish, while 34% showed bearish tendencies. Out of all the trades we spotted, 23 were puts, with a value of $1,474,070, and 24 were calls, valued at $1,125,326.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $60.0 to $120.0 for Walt Disney during the past quarter.
Volume & Open Interest Development
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 $60.0 to $120.0, over the past month.
Walt Disney Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DIS | PUT | SWEEP | BEARISH | 06/20/25 | $4.35 | $4.25 | $4.35 | $80.00 | $217.4K | 7.2K | 1 |
| DIS | CALL | SWEEP | NEUTRAL | 10/18/24 | $5.6 | $5.5 | $5.52 | $90.00 | $165.7K | 1.1K | 646 |
| DIS | PUT | TRADE | BULLISH | 08/02/24 | $0.69 | $0.66 | $0.67 | $88.00 | $147.4K | 1.2K | 2.2K |
| DIS | PUT | SWEEP | BEARISH | 06/20/25 | $4.35 | $4.25 | $4.35 | $80.00 | $132.2K | 7.2K | 1.3K |
| DIS | PUT | SWEEP | BULLISH | 09/20/24 | $7.1 | $7.05 | $7.1 | $95.00 | $82.3K | 7.1K | 145 |
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.
Following our analysis of the options activities associated with Walt Disney, we pivot to a closer look at the company's own performance.
Current Position of Walt Disney
- With a trading volume of 5,505,431, the price of DIS is up by 0.32%, reaching $90.08.
- Current RSI values indicate that the stock is may be oversold.
- Next earnings report is scheduled for 13 days from now.
What The Experts Say On Walt Disney
2 market experts have recently issued ratings for this stock, with a consensus target price of $135.0.
- An analyst from MoffettNathanson persists with their Buy rating on Walt Disney, maintaining a target price of $125.
- In a cautious move, an analyst from Needham downgraded its rating to Buy, setting a price target of $145.
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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