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RyanDreBach
Sep 25, 2018 2:31 PM

DSNY broke it's wedge to the upside. Likely to spike. Long

Walt Disney Company (The)NYSE

Description

DSNY is primed for a great bull run for the next three years, as it ramps up it's subscription streaming platforms. Seeing that NFLX's market cap is valued at roughly the same as DIS, one can see how much premium Wall Street could give Disney's online streaming plays. From a chart perspective, DIS recently broke out of a wedge. Given DIS out-of-the-money call options a year or two only contain around 22% implied volatility, these options have tremendous upside.
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RyanDreBach
*DIS *26% implied volatility
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