Walt Disney (DIS) has continued to slide since its earnings miss last week and our DIS Nov Monthly (11/18) 98 Call is on track to expire worthless.
Shares are trading well below our cost basis. I want to see how the stock performs over the next week before deciding whether to sell another call or initiate a LEAP call recovery spread.
Current Stock Price: $91.43
Cost Basis: $127.19
Action: Watch call expire worthless