Long DisneyDisney (DIS) is trading at it's major 8 year support level. This is the most obvious long trade I've seen in a very long time. This DIS 1 month chart is very simple. It has DIS historical angle of trajectory centerline with it's major 8 year support level. I will be legging into far dated DIS calls this summer.
Options data:
8/18 expiry
Put Volume Total 2,714
Call Volume Total 15,110
Put/Call Volume Ratio 0.18
Put Open Interest Total 51,314
Call Open Interest Total 79,790
Put/Call Open Interest Ratio 0.64
9/15 expiry
Put Volume Total 50
Call Volume Total 271
Put/Call Volume Ratio 0.18
Put Open Interest Total 85,111
Call Open Interest Total 95,719
Put/Call Open Interest Ratio 0.89
10/20 expiry
Put Volume Total 37
Call Volume Total 139
Put/Call Volume Ratio 0.27
Put Open Interest Total 44,551
Call Open Interest Total 52,948
Put/Call Open Interest Ratio 0.84
1/19/24 LEAPS
Put Volume Total 16
Call Volume Total 221
Put/Call Volume Ratio 0.07
Put Open Interest Total 138,175
Call Open Interest Total 237,288
Put/Call Open Interest Ratio 0.58