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Mike Khouw Sees Unusual Options Activity In Disney

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Mike Khouw spoke on CNBC's "Options Action" about a bullish options activity in Walt Disney Co (NYSE: DIS).

He said calls out-traded puts by 1.5 to 1 and they are normally evenly paced. Over 23,000 calls were traded on Monday and the most active were the January 115 calls. Khouw noticed that an institutional buyer paid around $0.70 for 500 contracts of the January 115 calls. The trade breaks even at $115.70 or 4.65 percent above the current stock price.

Posted-In: CNBC Mike Khouw Options ActionOptions Markets Media


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