-0.8 C
New York
Tuesday, January 14, 2025

Top Trades for Mon, 06 Nov 2017 12:12 – DIS

AAPL/Batman - I don't know, if next Q beats this Q and if they are going to repatriate $280Bn in cash at 12.5% tax, there's a pretty good chance they'll drop a special dividend or buy back $100Bn (10%) of their own stock, which will boost future earnings by 10% - lots of ways to spin things positive when your cash flow is approaching $15Bn/Qtr.

Speaking of Billions, Thor did over $500M for the weekend in wide IMAX release (International).  Keep your eyes on IMAX and DIS - both in the LTP and the OOP.

As a new trade on DIS, I'd go this way:

  • Buy 10 DIS 2020 $90 calls for $17.50 ($17,500)
  • Sell 10 DIS 2020 $110 calls for $8.25 ($8,250)
  • Sell 5 DIS 2020 $92.50 puts for $8 ($4,000)  

That's net $5,250 on the $20,000 spread so $14,750 (280%) upside at $110 in two years.  

 

Want to see more?

Reap the benefits of one of our paid membership plans and get access to articles like these PLUS:

  • Insightful daily market reviews
  • Educational guides and posts
  • Access to our Virtual Trading portfolios
  • Unique trading opportunities
  • LIVE trading webinars
  • Intraday market commentary from Phil
  • Our community of traders

Our plans pay for themselves — Don't hesitate!

Join Risk-Free Today!
Already a member? Please sign in.

Stay Connected

156,245FansLike
396,312FollowersFollow
2,340SubscribersSubscribe

Latest Articles