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 twitter 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.

 

Stop leaving money on the table with the same old broken options trading approach...

There is no options strategy that more perfectly capitalizes during earnings season better than this simple call and put buying strategy. Perfect for aggressive traders looking to recover their suffering portfolios so far in 2022. With the simplest possible options strategy, Schaeffer's team with 100+ years of options trading excellence, target 200% gains on every single trade. So many trades are being beaten down by the market, but don't be one of them! Don't waste another second... join us right now before the next trade is released! 

 
Best stocks for October and worst stocks for October
 


 


 
Special Offers from Schaeffer's Trading Partners