Walt Disney (DIS) is up today following the release of the company’s fiscal third-quarter results. While revenues missed estimates and Disney+ subscribers fell for the second quarter in a row, streaming losses are shrinking. The company announced it will be hiking prices for Disney+ and cracking down on password sharing. While these moves should lead…
Our Walt Disney (DIS) put is in the money. With the company scheduled to report earnings on Aug. 9, we are recommending rolling out to the August monthly expiration and lowering our strike for a small debit. Note that this trade is only for members currently in the position. Current Stock Price: $86.05 Net Debit:…
Let’s roll our CVS Health (CVS) and Walt Disney (DIS) puts out two weeks to generate more income and reduce our net debit on the positions. Note that these trades are only for members currently in the positions. CVS 14 Jul 67 Put Current Stock Price: $70.88 Net Debit: $8.90 Action: Buy to close the…
I am recommending we roll our Walt Disney (DIS) put out two weeks and to a lower strike price to avoid possible assignment, lower our risk and reduce our net debit on the position. Note that this trade is only for members currently in the position. Current Stock Price: $88.91 Net Debit: $2.10 Action: Buy…
Let’s roll our Apple (AAPL) and Walt Disney (DIS) puts out two weeks to generate more cash and reduce our net debits on the positions. Note that these trades are only for members currently in the positions, as we will be looking to exit these positions at breakeven if possible. AAPL Jun Monthly (6/16) 175…
Let’s roll our Walt Disney (DIS) and Expedia (EXPE) puts out two weeks to generate more income and reduce our net debit on the positions. DIS Jun Week One (6/2) 90 Put Current Stock Price: $88.81 Net Debit: $3.78 Action: Buy to close the DIS Jun Week One (6/2) 90 Put for around $1.37 Sell…
I am recommending we roll our Apple (AAPL), Walt Disney (DIS) and Expedia (EXPE) puts out two weeks to generate more income and reduce our net debit on the positions. With AAPL and DIS, we are also moving to lower strikes to reduce our risk. AAPL May Monthly (5/19) 172.50 Put Current Stock Price: $171…
Walt Disney (DIS) is down around 8% today after the company’s quarterly earnings per share missed estimates by a penny. The real disappointment, though, was with the company’s streaming numbers, as Disney+ subscribers fell short of estimates. Yet, the streaming division’s losses continued to narrow to $659 million, down from $1.1 billion in the previous…
Walt Disney (DIS) is scheduled to report earnings on May 10, and I do not want to hold a position through the announcement. At present, our DIS May Week One (5/5) 99 Call is in the money and our shares are on track to be called away. If DIS closes below our strike, we will…
Walt Disney (DIS) has been making headlines recently over its ongoing feud with Florida Gov. Ron DeSantis. This week, the company filed a new lawsuit accusing DeSantis of leading a “targeted campaign of government retaliation.” The drama has not affected the stock price, nor do I expect it to going forward. DIS has outperformed the…
