Walt Disney's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Walt Disney (NYSE:DIS) is experiencing a bearish trend in options trading, with 66% of trades being bearish. The price range for these options is between $90 and $110. Despite this, analysts maintain positive ratings with target prices ranging from $94 to $120.
August 27, 2024 | 2:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Walt Disney is seeing a bearish trend in options trading, with 66% of trades being bearish. The price range for these options is between $90 and $110. Despite this, analysts maintain positive ratings with target prices ranging from $94 to $120.
The majority of options trades are bearish, indicating a negative short-term sentiment among investors. However, analysts' target prices suggest a more positive long-term outlook. The current stock price is near the lower end of the predicted options price range, which could lead to short-term downward pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100