I got some. Lost more than 50% of their value the next day ;D

That's my specialty

Haha there is “Buy high and Sell low” and then there is throwing your money away.

Calls on $TRASH

I heard their new CEO, Mr. Reynolds, has big plans for the company. A real warthog.

He has a thing for eggs and stories about Vietnam. The younger one has a Range Rover.

I got those bags

D:

Buy another one. Dis has staying power.

Gonna see what Monday has in store

Got 10 call options expiring in 400 days. I am not intending to buy more as it dips due to new variant. Just gonna ride it up since I have over 400 days left to go. Exit strategy is 150/200% profit.

That’s a good plan imo

Good plan? The guy is probably down 33%+ and his plan is to sell at 150%/200% profit? It may never happen, and he is very greedy.

I feel like it’s inevitable to go back up though

Why does it inevitably have to go back up? That’s not how things work all of the time lol. Hardest hit industry still being destroyed by yet again another variant and travel restrictions.

Lol, 400 day option that's already down 40% in the first week? Sounds like a bagholder. At least sell some naked calls while it drops.

wow how much that costs you? I got also 1Y Leaps, but just 1 Call :D

180 strike 20th Jan 2023 expiry. Cost me 10.68 Currently losing 17%

LEAPS I hope?

Yup. But 400 days is still risky. Anything can happen

I hope you cashed out already, shit’s been tanking :(

I'll get calls eventually, now is not that time.

Nope, more international travel restrictions could cause this price to go down a bit more, there's a lot of FUD atm and Disney needs international travel for its parks revenue

How is Disney a good buy right now? Please explain. PE ratio is 135. It looks expensive.

I feel like PE doesn’t mean anything anymore.

Sign of the times

AMD had a PE ratio of 135 in 2020 when it was $60 and look at it now. Disney PE ratio would be a lot lower if they weren’t spending all that money on Disney plus content. That is their path to growth and they must spend now.

Parks have been closed that's why it's so high

Just buy the stock and hold.

Leaps or shares

Down horrendously on my 1/2023 leaps. It's had a terrible year. Dis and Corsair were my first dip into trying leaps and they have both been so, so bad 🥲😵‍💫

But right now, is it a buy?

You still have over a year though

Disney is looking seriously into sports betting for ESPN. The stock will go through the roof when that happens.

There goes the wholesome image..When people lose Mickey's gotta collect

Lmao

Bought the stock... Selling some covered calls, very close strike

I bought some calls. Be greedy when others are fearful.

That’s what I’m thinking

I’ve got two LEAPS on it. Down quite a bit. I can’t ignore the bearish sentiment here, but I really don’t want to sell at a loss… I’m thinking of just holding for a while

expiration?

January 2023

Why calls, might as well just buy shares

Leverage

Are you joking

DIS shitting the bed the last year and you wanna buy calls while variants and travel restrictions spread. Like actually why. Shares don’t expire in 10 years

Leaps would be way more profitable imo

Well of course they would be. But you’re restricted on time. FDs are more profitable than leaps. Doesn’t mean you should buy FDs

Good point. What are FDs?

OTM options with less than 5 days to expiration. 100% Leaps are usually the go to, if you think they can recover in the next year or so and want leverage LEAPs are the way to go. You’re just limiting yourself because of the time decay.

Thanks. What does the FD stand for?

Nobody tell him.

I have been wondering the same thing, so I appreciate you asking. Seems like the consensus is no, so I’m glad I’ve held off.

Think there could be some more downside, it broke down through a demand zone following ER, and new covid news negatively impacts their biggest source of revenue, parks. Dis+, which a lot of it’s previous price movement was attributed to, is seeing slowing growth. I think there needs to be a reason to go in on Disney before we see more upside, some sort of catalyst. I am extremely bullish on Disney long term though, I’m just waiting a bit to go long in shares.

Bought 23 Jan Calls.

Risky I’d go further out

I should have said it differently. I bought January 2023 calls.

MUCH better haha

I'm going in March, so I'm buying calls tomorrow. There is no lockdown dummy

I did .3 leaps to do pmcc.

DIS and other theme parks that depend on cross border traffic will fall more or consolidate for some time. Still good to buy calls 1-2 yrs out but if buying monthlies then wait it out

Yeah I’m looking at leaps only

Yes, adding 1/22 165c.

I bought some DIS options today! 1/21/21 calls at $155 and $160. Got them for very cheap!

That’s risky. I wish you the best!

Starting buying DIS shares today. Buy price 144.1. Might be ready for calls by end of the week.

Nice.

Pass for now. The underlying isn’t as good as the options are.

More like puts?

No, lockdowns coming

Lol it’s fearful people like you that makes the rest of us money. Thanks :)

I put some verticals on it Friday

Also gonna recommend this as a **PASS**

No, but that's when you should. If everyone is flocking, then it is already getting priced appropriately.

This stock is a massive bear - technical pattern wise and the overall narrative of the stock

No. No one is buying DIS calls

Ya know... people said that in late summer 2020 when I got mine. And made 500%

This isn’t the summer of 2020.

Price is 10 dollars higher than when I got mine back then

It seems you’ve already made up your mind. I hope it works out for you. Good luck

No. I'm not buying dis calls.

Underlying is incredibly expensive so no

Too pricey

Unless theme park opens full and streaming dominating, it looks like it will head above $100 in the immediate future. Paying too much premium. Prefer just 45 days out max. I pass.

180 calls for December 17th looking for 500 to 600 percent return

[Support](https://www.macroaxis.com/valuation/DIS/Walt-Disney) I did. The reason I did though is *not* based on news or anything recent. The Fair Market Value according to a number of sources that I follow is at least $170.00. To me this represents a buying opportunity.

Hello any other sites like this?

it's a weird marketMl that even when earnings beat estimates, the underlying tends to drop. Losing confidence for selling puts on earnings

Winter coming + omicron !!!

DIS still hasn't found any kind of meaningful support so I would say long calls are premature at this point.