Behind the Scenes of Walt Disney's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Walt Disney (NYSE:DIS) show a slightly bearish sentiment among large investors, with 53% of trades being bearish. The options activity suggests a price range of $75 to $120 for Disney in the near term. The stock is currently trading at $96.39, down 0.37%, with an RSI indicating it may be approaching overbought territory. An earnings announcement is expected in 28 days.
October 17, 2024 | 4:01 pm
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Walt Disney's options trading shows a slightly bearish sentiment with 53% of trades being bearish. The stock is currently trading at $96.39, down 0.37%, and may be approaching overbought territory. An earnings announcement is expected in 28 days.
The options trading data indicates a bearish sentiment among large investors, with more puts than calls. The stock's current price is slightly down, and the RSI suggests it may be overbought, which could lead to a short-term price decline. The upcoming earnings announcement adds uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100