Trade of the Week - DIS - Monday (Jan 29, 2024)

From our trading desk to yours: Each Monday we pick one stock to highlight - from our unique perspective - and share with clients how we analyze & trade it using primarily options.

This week, Samantha (our chief market analyst), presents Disney (a Consumer Cyclical, diversified media company) that she is bullish on into and through earnings. The ladies agreed.

---

Samantha LaDuc is the founder of LaDucTrading, and can be found discussing macro-to-micro market-moving news, sector rotation & trades in her live trading room & in her client slack workspace, while making her chase, swing & trend portfolios & custom trade support available for CLUB/EDGE clients.

Samantha is bullish:

Swing Timeframe:

DIS was first recommended to CLUB/EDGE clients on Jan 22nd as a swing long above 94.5 with a stop at 91 and price target of 99. Now that DIS has broken above key wkly level of 96.50, Samantha has pulled up her stop to 94 with these PTs still in play: 99, 102.45, 103.90. Getting/Staying above $104 (100W EMA) would be very constructive for nice continuation higher. No edge with earnings on 02.07.24, but she plans to hold. Should trade continue higher into EPS, suggests leaving a runner through EPS.

---

Archna is a live trading room moderator for CLUB & EDGE clients in the morning, then takes to the live stage in discord for our COMMUNITY clients actively teaching and trading advanced options.

Archna is bullish:

Chase Timeframe:

DIS is a bullish setup as it is on the weekly approaching the 100WK MA, but it has earnings next week . The easiest trade is to buy 100C for Feb 9th. (Earnings on 7th Feb). If we are above 100 before earnings then selling 105C to make it a free earnings call debit spread is how I am thinking about playing.

---

Rithika is a live trading room moderator for CLUB & EDGE clients in the morning, while managing Samantha's Chase trades, then takes to the live stage in discord for our COMMUNITY clients contributing education and swing trade set ups using her Elliott Wave analysis.

Rithika is bullish:

Chase Timeframe:

DIS broke out of a wedge last week and headed higher to complete wave A. Above 97 it can move up to fill the gap at 101.

---

Tiffany manages Samantha's Swing Portfolio for CLUB & EDGE clients, does thematic research/analysis on Samantha's Trend Portfolio names, and contributes her options gamma analysis & trades for all clients.

Tiffany is bullish:

Swing Timeframe:

DIS looks great above 96 with a potential move up to 100 - 102.2 range within the next two weeks. 100 is the call wall and 102.2 is the weekly one standard deviation. However there are two major macro events to watch out for on Wednesday - FOMC and QRA. I will be closing out most of my calls by Tuesday afternoon and will re-enter on Wednesday.

---

DIS Trade Review