Mike Khouw Sees Unusual Options Activity In Walt Disney Co

, Mike Khouw said that he noticed an increased put options volume in

. The daily put options volume was two times higher than the average daily put volume. Khouw added that the largest trade of the day was a purchase of 5,000 contracts of the January 8 weekly 105/100 put spreads for $1.45. The trade breaks even at $103.55 or 1.88 percent lower and the maximal gain is $3.55. The stock closed at $105.53 on Wednesday.