Check Out What Whales Are Doing With DIS

Financial giants have made a conspicuous bullish move on Walt Disney. Our analysis of options history for Walt Disney DIS revealed 29 unusual trades.

Delving into the details, we found 44% of traders were bullish, while 41% showed bearish tendencies. Out of all the trades we spotted, 18 were puts, with a value of $1,156,580, and 11 were calls, valued at $568,983.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $80.0 and $140.0 for Walt Disney, spanning the last three months.

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 $80.0 to $140.0, over the past month.

Walt Disney Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

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.

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.

Where Is Walt Disney Standing Right Now?

• Trading volume stands at 4,005,794, with DIS's price down by -2.67%, positioned at $102.7.
• RSI indicators show the stock to be may be approaching oversold.
• Earnings announcement expected in 57 days.

What The Experts Say On Walt Disney

2 market experts have recently issued ratings for this stock, with a consensus target price of $132.5.

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. * Maintaining their stance, an analyst from Rosenblatt continues to hold a Buy rating for Walt Disney, targeting a price of $135. * Maintaining their stance, an analyst from Loop Capital continues to hold a Buy rating for Walt Disney, targeting a price of $130.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Walt Disney, Benzinga Pro gives you real-time options trades alerts.