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Mike Khouw Sees Unusual Options Activity In Disney

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On CNBC's "Options Action", Mike Khouw said that Walt Disney Co (NYSE: DIS) traded over 105,000 call contracts Monday, which is four times the average daily call options volume.

The most active were the January 110 calls and the March 115 calls. Around 4,300 contracts of the January 110 calls were bought for $2.70. The trade breaks even at $112.70 or 2.25 percent above the current stock price. Khouw explained that traders are betting that Walt Disney is going to test its 52-week high.

Posted-In: Mike Khouw Options ActionCNBC Options Markets Media


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