tiprankstipranks
Trending News
More News >

Option traders moderately bearish in Disney with shares down 0.49%

Option traders moderately bearish in Disney (DIS), with shares down 61c near $122.88. Options volume relatively light with 15k contracts traded and calls leading puts for a put/call ratio of 0.58, compared to a typical level near 0.65. Implied volatility (IV30) is higher by 0.5 points near 19.5,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.51. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at Jefferies.

Don’t Miss TipRanks’ Half-Year Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1