Some rich people are betting that the price of Walt Disney's stock will go down in the next few months. They are using a special way of trading called options to make this bet. Options are like a contract that gives you the right to buy or sell a stock at a certain price and time. When these rich people make these bets, it can sometimes mean they know something about the company that other people don't know yet. This can be important for other people who own Walt Disney's stock or want to buy or sell it. Read from source...
Wealthy investors have taken a bearish stance on Walt Disney, which may indicate that they know something is going to happen. Retail traders should be aware of this. We found 12 uncommon options trades for Walt Disney, with a split between 33% bullish and 58% bearish sentiment. The traders are targeting a price range of $80.0 to $145.0 for Walt Disney over the next three months.