Walt Disney Stock Shifts Higher on Disney+ Expansion

Options look attractive at the moment on DIS

Managing Editor
Dec 16, 2019 at 9:23 AM
facebook X logo linkedin


Dow stock Walt Disney Co (NYSE:DIS) is enjoying a lift higher this morning, buzzing on the back of news it will be debuting its Disney+ streaming services in France this coming March. The company struck a deal with Canal+, a subsidiary of pay-TV platform Vivendi, this past weekend. In response, DIS is up 0.8% before the open.

Walt Disney stock is continuing its trend higher on the charts, already an impressive outperformer in 2019. The shares have added 33% in this time frame, and just last month touched a record high of $153.41, closing Friday at $146.38. With today's lift, the equity is continuing to inch even closer toward the aforementioned record-high territory.

Plus, now looks like the perfect time to bet on Disney stock with options. The equity's Schaeffer's Volatility Index (SVI) of 19% is in the 19th percentile of its annual range, meaning short-term options on the security are relatively inexpensive at the moment, from a volatility standpoint.

 

Unlock Weekend Profits with Chris Prybal's Favorite Strategy Up +487.5% in 2024

With the markets going left, right, and sideways, you need to have a plan now more than ever. 

Expert Trader Chris Prybal is no stranger to volatility, and has mastered finding big stock rallies while other traders aren't looking over the weekend. Rallies that produced gains like +207% on RTX calls, +236% on MARA calls, and +238% on NET calls.

A few simple moves on Sunday at 7pm could be the “Secret Sauce” your portfolio needs to not just stay afloat, but make unprecedented gains in this turbulent market.


Don’t sit on the sidelines, beat the market with Chris Prybal's strategy. Join him now!

 

 
 
 


 
 

Rainmaker Ads CGI