Why Disney Options At This Point In Time Should Be On Your Radar Screen

Very few option traders trade short term options on Disney. The first two printouts below help to illustrate this point. Look at how low the open interest was last Friday on one series of it's Calls and one series of it's Puts.

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Most traders of these options are focused on making interday trades. The low open interest on both of theses series of options tell us that. Now look at how Disney traded on Friday, the last day of the week.

Many of the trades made are AI induced. Reversals happened in the morning for example at exactly at 9:31:00 a.m., 9:33:00 a.m., 9:37:00 a.m., 9:41:00 a.m. and other times all to the second of the minute.That's a big the hint it's Ai trading. Now it's one month chart. Disney is down.

Now a five day chart. Here is where it gets interesting.

What it shows us is that some one week Put options would have doubled in price on a Monday and some Calls would have doubled in price on a Tuesday and the Puts would have doubled in price on a Wednesday. Thursday was a day when some of it's Calls doubled. Going forward I will track more of this action. Here is how one series of one of Disney's slightly "out-of-the-money" Calls expiring this coming Friday closed out on our most recent Friday.

Let's now watch and see how they do. Playing these options could be a full time job. It's Monday morning and one series of the Calls which we first looked at did double in price.

Remember how Disney had selling pressure on it on Friday afternoon? That turned out not to be a worry.

To be continued. Well maybe. * Disney at the close on Tuesday offered this opportunity. Notice the low volume of option trading. Tuesday going into Wednesday with short term Call options are usually better than Wednesday going into Thursday however that wasn't the case last week.

Looking at this situation after tomorrow's opening might offer better insights.