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Late To The Party Option Players - Disney

Can late to the party option traders make money? It's something to consider? These Call options expire this Friday. There was news on it before the opening today. The second chart below a few minutes later shows it hanging tough. At 10:01 a.m. we now checking out the Puts. The bid and ask on the Puts are very tight. That also makes us ask what happened to the Disney 101 Calls that we first looked at? Here is what the chart now looks like. More Call option players have jumped in to play the upside that the downside. Might one do a spread and try to play it both ways hoping for a breakout either way? That's an option to consider. Disney has being a dog of a stock now for a year so might some profit taking set in? How is Disney going to pay for another theme park? With that on their plates forget any share buy back programs. They are taking on new risks in a period of global uncertainity. Are late to the party option traders best just to stay away from this unexpected situ...
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Tiaga - Everyone Saw This Coming

We have talked about this stock in a December 29th 2022 blog and in a January 17th 2024 blog. How do you sell electric snowmobiles during a winter of no snow? What do you do when you have $75 million in debt, much of it at very high interest rates? What a mess. Will the Quebec goverment continue to want to pour more money into this one? Probably not. If you have the time do your own research on this one.

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