Diego_Veas

Short DIS 19/11/2020 fundamental trade

שורט
Diego_Veas מעודכן   
NYSE:DIS   Walt Disney Company (The)
I believe Disney has being wrongly following the broad recovery of the Dow Jones index. My thesis is that parks will remain closed for a while and this loses are going to be important. Diseny+ is not yet fully deployed, with high price of 60usd monthly subcription.
Sell short or buy put contracts strike 140 or 135, with expiration Decemeber 18, 2020.
הערה:
140 strike 18 decemeber PUT is up a little. I guess we have a big time constraint here so the time value of the conctract will decrease fast,hope we see continious and heay selling.
העסקה בוטלה באופן ידני:
Sold my PUTS at 4usd, which I bought at 3.90 for just 60usd gain.
The reason i cancelled the trade was that California allowed them to open parks,and are already selling tickets for the theme parks for january 1º next year.
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