Spotlight on Walt Disney: Analyzing the Surge in Options Activity
Portfolio Pulse from Benzinga Insights
Recent options activity for Walt Disney (NYSE:DIS) shows a bearish sentiment among significant investors, with 36% of trades being bearish and only 18% bullish. The trading volume for puts is significantly higher than for calls. Analysts have mixed ratings, with target prices ranging from $110 to $130.
August 06, 2024 | 2:30 pm
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Walt Disney has seen a surge in bearish options activity, with 36% of trades being bearish and only 18% bullish. The trading volume for puts is significantly higher than for calls. Analysts have mixed ratings, with target prices ranging from $110 to $130.
The significant bearish sentiment in options trading suggests that investors are expecting a decline in Disney's stock price. The mixed analyst ratings add to the uncertainty, although the target prices are relatively high.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100