Whales with a lot of money to spend have taken a noticeably bullish stance on Walt Disney.
Looking at options history for Walt Disney DIS we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 55% of the investors opened trades with bullish expectations and 44% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $106,170 and 7, calls, for a total amount of $388,726.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $80.0 to $117.0 for Walt Disney over the last 3 months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $80.0 to $117.0 in the last 30 days.
Walt Disney Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DIS | CALL | SWEEP | BULLISH | 01/17/25 | $24.5 | $24.3 | $24.35 | $90.00 | $129.0K | 6.7K | 53 |
| DIS | PUT | TRADE | BULLISH | 01/16/26 | $2.07 | $1.92 | $1.98 | $85.00 | $70.2K | 6.3K | 355 |
| DIS | CALL | TRADE | BULLISH | 06/20/25 | $15.3 | $15.1 | $15.3 | $105.00 | $56.6K | 3.9K | 37 |
| DIS | CALL | TRADE | BEARISH | 01/17/25 | $2.87 | $2.75 | $2.75 | $115.00 | $56.3K | 13.2K | 414 |
| DIS | CALL | SWEEP | BULLISH | 01/17/25 | $2.86 | $2.57 | $2.78 | $115.00 | $55.6K | 13.2K | 204 |
About Walt Disney
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from the firm's ownership of iconic franchises and characters. 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.
Current Position of Walt Disney
- With a volume of 1,009,782, the price of DIS is down -0.34% at $114.34.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 56 days.
Expert Opinions on Walt Disney
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $130.6.
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. * An analyst from Guggenheim persists with their Buy rating on Walt Disney, maintaining a target price of $130. * Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for Walt Disney, targeting a price of $125. * An analyst from B of A Securities has decided to maintain their Buy rating on Walt Disney, which currently sits at a price target of $140. * In a cautious move, an analyst from Needham downgraded its rating to Buy, setting a price target of $130. * An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Walt Disney, which currently sits at a price target of $128.
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.
