Schaeffer's Top Stock Picks for '25

FuboTV Stock Eyes Best Day Since 2018 on Disney Deal

Walt Disney is now the majority owner of FuboTV with a 70% stake

Digital Content Manager
Jan 6, 2025 at 10:50 AM
facebook X logo linkedin


FuboTV Inc (NYSE:FUBO) stock was last seen up 131.6% at $3.34, after the streaming company announced earlier it will combine with Walt Disney's (DIS) Hulu+ Live TV, bringing their conjoined subscriber count to 6.2 million. The deal makes Walt Disney majority owner of FuboTV with a 70% stake.

The security is still trading well within penny stock territory, but earlier surged to its highest level in over two years and sports a 20.1% lead for the last 12 months. The shares are on track for their fourth-straight gain, as well as their biggest single-day percentage pop since January 2018.

Analysts remain pessimistic, with five of the eight in coverage calling FUBO a tepid "hold" or worse. Plus, short interest is up 9.2% in the last two reporting periods and accounts for 12.4%.

Over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), FUBO's 50-day put/call volume ratio of 20.47 sits at the top annual percentile. This indicates calls have been much more popular than usual in the last two weeks. 

So far today, 196,000 calls and 51,000 puts have crossed the tape, which is 53 times the intraday average. The weekly 1/10 4-strike call is the most active contract, with positions being opened there.

 
 

You have the chance to join one of Bernie's most exclusive programs, complete access at HUGE savings!

As we prepare for a new administration to take the reins in Washington, the near-term market landscape is rife with uncertainty.

The Federal Reserve has already hinted at the turbulence ahead, lowering its interest rate outlook for 2025.

Meanwhile, breakthroughs in artificial intelligence (AI), quantum computing, and other transformative sectors have unlocked incredible profit potential.

But these opportunities are fleeting, and timing is everything. That's where Quick-Hit Trader comes in.

Quick-Hit Trader is designed for precision and speed, getting you in and out of the market in a flash. While other investors scramble to navigate volatile conditions, you'll have access to expertly curated trades that leverage these rapid shifts to deliver explosive profits in short order.

This is your chance to capitalize on the fast-moving market like never before. Are you ready to make your move?