Disney's Hotstar Domain Renewal Proved Costly For Its India Ambitions


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


  • Walt Disney Co (NYSE:DIS) faced flak after some Disney+ Hotstar users in India faced disrupted services during a famous cricket match between India and Australia.
  • Hotstar acknowledged it as "unforeseen technical issues" across its apps and web. 
  • Domain registrar records show that Hotstar renewed the domain name, Hotstar.com on February 17, TechCrunch reports.
  • Also Read: Paramount Global Shares Drop After Q4 Consensus Miss, Paramount+ Reaches 56M Subscribers
  • DownDetector reported a sudden spike in the volume of complaints surrounding Hotstar on Friday, reaching a peak of 524 at 2:08 a.m.
  • Around 58% of users could not access the app, 24% failed to access the website, and 19% could not access video streaming.
  • Disney has already battled several setbacks in the South Asian market.
  • Hotstar, one of India's leading streaming services, lost the streaming rights of the popular IPL cricket tournament.
  • The firm could lose the rights to stream HBO shows in the country.
  • Price Action: DIS shares traded lower by 1.46% at $104.28 on the last check Friday.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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