Walt Disney's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Investors with significant capital have shown a bearish sentiment towards Walt Disney (NYSE:DIS) through options trading. Benzinga's options scanner identified 28 unusual trades, with 57% being bearish. The stock is currently down 1.15% at $89.78. Analysts maintain a positive outlook with an average price target of $110.2.
August 20, 2024 | 5:46 pm
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Walt Disney (NYSE:DIS) has seen a bearish sentiment from big-money investors, with 57% of recent options trades being bearish. Despite this, analysts maintain a positive outlook with an average price target of $110.2.
The bearish sentiment from significant investors, as indicated by the options trades, suggests a potential short-term decline in Disney's stock price. However, the positive analyst ratings and price targets indicate a longer-term positive outlook. The current stock price is down 1.15%, reflecting immediate market reactions to the bearish options activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100