Smart Money Is Betting Big In DIS Options
Portfolio Pulse from Benzinga Insights
Significant activity in Walt Disney (NYSE:DIS) options has been observed, indicating a bullish sentiment among large investors. Benzinga's options scanner revealed 34 unusual trades, with a sentiment split of 58% bullish and 41% bearish. The trades suggest a targeted price range for DIS between $80.0 and $125.0. Current trading volume and price trends, along with analyst ratings from Morgan Stanley and Tigress Financial, suggest a positive outlook for DIS, despite a slight price drop and potential overbought status.
March 20, 2024 | 7:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Unusual options activity in DIS indicates a bullish sentiment among large investors, with a price target range of $80-$125. Analyst ratings suggest a positive outlook.
The significant options activity, particularly the bullish sentiment among large investors, combined with positive analyst ratings from Morgan Stanley and Tigress Financial, suggests a potential short-term increase in DIS stock price. The detailed options trades and targeted price range further support this outlook, despite the current slight price drop and overbought status.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100