Investors with a lot of money to spend have taken a bullish stance on Walt Disney DIS.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with DIS, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 32 uncommon options trades for Walt Disney.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 43%, bearish.
Out of all of the special options we uncovered, 11 are puts, for a total amount of $452,004, and 21 are calls, for a total amount of $1,137,498.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $155.0 for Walt Disney over the recent three months.
Volume & Open Interest Trends
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Walt Disney's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Walt Disney's whale activity within a strike price range from $50.0 to $155.0 in the last 30 days.
Walt Disney 30-Day Option Volume & Interest Snapshot
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 | BULLISH | 01/16/26 | $8.3 | $8.2 | $8.3 | $105.00 | $136.9K | 2.1K | 167 |
DIS | CALL | SWEEP | BULLISH | 01/16/26 | $8.95 | $8.8 | $8.95 | $105.00 | $119.9K | 2.1K | 304 |
DIS | CALL | SWEEP | BEARISH | 01/16/26 | $1.18 | $1.11 | $1.11 | $155.00 | $88.0K | 1.0K | 800 |
DIS | CALL | TRADE | BULLISH | 12/20/24 | $7.45 | $7.3 | $7.4 | $90.00 | $73.2K | 6.2K | 139 |
DIS | CALL | TRADE | BULLISH | 01/16/26 | $21.6 | $21.0 | $21.6 | $80.00 | $60.4K | 910 | 30 |
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.
Having examined the options trading patterns of Walt Disney, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Walt Disney Standing Right Now?
- Trading volume stands at 8,617,371, with DIS's price up by 1.07%, positioned at $93.5.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 36 days.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
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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