Walt Disney Company (The)
Long
Updated

DIS - 6/19 @120c

298
We entered into a 6/19 call a few weeks ago when the NBA announced that Orlando was front-runner for when the season restarts.

News of the season starting on 6/31 has been released. We've doubled down on our bullish look for Mr. Mouse.

Waiting until it breaks through 125 isn't the worse idea for those not in yet.

Will look to add a longer-term position using the profits from this trade.

Trade active
171-170.50 is our support.

We have a stop-loss at 170.50 but will double down if this bounces off for a third time.
Note
The above was for a different trade
Trade active
Currently up +82%.

With Florida's COVID-19 cases on the up-rise will the park be shut down again? What are your thoughts?

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