Financial giants have made a conspicuous bearish move on Walt Disney. Our analysis of options history for Walt Disney DIS revealed 12 unusual trades.
Delving into the details, we found 8% of traders were bullish, while 83% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $297,188, and 7 were calls, valued at $312,392.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $85.0 and $100.0 for Walt Disney, spanning the last three months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Walt Disney stands at 6048.22, with a total volume reaching 3,848.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Walt Disney, situated within the strike price corridor from $85.0 to $100.0, throughout 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 | PUT | SWEEP | BEARISH | 04/17/25 | $2.8 | $2.79 | $2.8 | $85.00 | $83.7K | 927 | 309 |
| DIS | PUT | SWEEP | BEARISH | 01/17/25 | $7.2 | $7.15 | $7.15 | $100.00 | $81.5K | 11.7K | 157 |
| DIS | CALL | TRADE | BEARISH | 01/17/25 | $4.3 | $4.25 | $4.25 | $100.00 | $77.7K | 14.3K | 62 |
| DIS | CALL | SWEEP | NEUTRAL | 01/16/26 | $12.6 | $12.55 | $12.58 | $100.00 | $62.9K | 3.6K | 51 |
| DIS | CALL | SWEEP | BEARISH | 01/16/26 | $21.0 | $20.7 | $20.7 | $85.00 | $62.1K | 648 | 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.
Present Market Standing of Walt Disney
- With a trading volume of 3,888,849, the price of DIS is up by 0.89%, reaching $97.39.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 27 days from now.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
